Workflow
隔空喊话翻旧账,特朗普能辞掉鲍威尔?
Sou Hu Cai Jing·2025-07-20 09:11

Core Viewpoint - The ongoing conflict between President Trump and Federal Reserve Chairman Powell centers around monetary policy disagreements, particularly Trump's calls for interest rate cuts and his attempts to pressure Powell regarding the Fed's renovation project [1][7][19] Group 1: Pressure on Powell - Trump has publicly urged Powell to lower interest rates, claiming that a 3% cut could save the U.S. $1 trillion annually [1] - The renovation project of the Federal Reserve headquarters has become a focal point for Trump's criticism, with accusations of excessive spending and mismanagement [2][6] - Powell has defended the renovation, stating it has undergone strict oversight since its approval in 2017 and is necessary due to the age of the buildings [2][6] Group 2: Legal and Political Implications - Legal experts suggest that Trump's rationale for potentially firing Powell lacks substantial evidence and may not meet the legal criteria for dismissal [7][11] - The Federal Reserve operates under a collective decision-making process, meaning that even if a new chairman were appointed, they would still require support from other committee members to change interest rates [11][12] - Historical context shows that attempts by presidents to dismiss Federal Reserve chairs have generally been unsuccessful, emphasizing the independence of the Fed [18][19] Group 3: Economic Context - Recent economic data indicates a slowdown, with the U.S. GDP contracting by 0.5% in Q1 2025, raising concerns about a potential technical recession [17] - Trump's push for rate cuts appears to be an attempt to shift blame for economic performance onto Powell and the Fed, as the anticipated economic recovery has not materialized [17][19] - The Fed's independence is crucial for maintaining financial market stability, and Trump's actions are seen as a challenge to this independence [17][19]