即使没有解雇鲍威尔，特朗普也已悄然“改造”美联储

Core Viewpoint - The Trump administration is initiating significant reforms at the Federal Reserve, focusing on restructuring and reducing regulations, particularly in the banking sector [1][2]. Group 1: Federal Reserve Reforms - The Trump administration plans to reform the Federal Reserve, similar to changes made in other federal agencies, with a focus on evaluating the competence of its staff [1]. - Treasury Secretary Mnuchin has indicated that reforms will accelerate once Chairman Powell's term ends in May 2026 or if he resigns or is dismissed earlier [1]. Group 2: Banking Regulation Changes - The Federal Reserve is revisiting and relaxing banking regulations established after the 2008 financial crisis, with Vice Chair Bowman expected to lead these changes [2]. - A proposal to adjust leverage buffer requirements for global banks has been approved, which is welcomed by large banks as it allows for increased lending [2]. Group 3: Staffing and Efficiency - The Federal Reserve has begun a workforce reduction plan, aiming to cut 10% of its approximately 24,000 employees over the next few years to improve efficiency [3][4]. - The administration is pushing for more aggressive staffing cuts, with discussions indicating that there may be many redundant positions within the Federal Reserve [4]. Group 4: Financial Losses and Budget Concerns - The Federal Reserve has incurred losses exceeding $220 billion since mid-2022 due to aggressive interest rate hikes aimed at controlling inflation, which has increased the cost of its bond portfolio [4]. - Criticism of the Federal Reserve's spending, including a $2.5 billion renovation project, reflects concerns about its financial management [5].