STARTRADER：白宫与美联储罕见对峙，特朗普解雇库克引爆货币之争

Core Points - President Trump's unprecedented dismissal of Federal Reserve Governor Lisa Cook over alleged mortgage fraud has sparked significant reactions across the political, financial, and legal landscapes in the U.S. [1] - Cook has announced her intention to challenge the dismissal in federal court, asserting that the President lacks the authority to unilaterally remove her from office [1][3] - The Federal Reserve issued a rare statement emphasizing the legal protections for its governors, stating that the President can only dismiss them for just cause, which is narrowly defined [3][4] - Trump's comments suggest a desire to reshape the Federal Reserve's leadership, indicating potential nominees to replace Cook and expressing dissatisfaction with current policies [4] - The ongoing situation raises questions about the independence of the Federal Reserve and the implications for monetary policy amid rising housing costs and interest rates [5] Summary by Sections Dismissal and Response - Trump's dismissal of Cook is described as unprecedented and has led to a strong legal response from Cook, who plans to seek judicial review [1][3] - The Federal Reserve's statement reinforces the notion that its governors have fixed terms and can only be removed for serious misconduct, not policy disagreements [3] Political Implications - Trump's actions are seen as a direct response to rising housing costs, with mortgage rates exceeding 7% and housing prices reaching record highs, which are critical issues for upcoming elections [4] - The potential reshaping of the Federal Reserve's leadership reflects Trump's broader strategy to influence monetary policy in light of economic pressures [4] Legal and Market Reactions - The situation could lead to a constitutional confrontation regarding the limits of executive power over independent regulatory bodies, with historical precedents suggesting strong protections for Federal Reserve governors [5] - Market reactions include a rise in two-year Treasury yields and a strengthening of the dollar, indicating investor concerns over policy uncertainty and the potential impact on inflation expectations [5]