美联储来个 “特朗普的人”，理事米兰在白宫兼职，首秀硬刚鲍威尔

Core Viewpoint - The appointment of Stephen Milan to the Federal Reserve raises concerns about the independence of the central bank, as he advocates for aggressive interest rate cuts aligned with Trump's economic policies [1][3][9]. Group 1: Appointment and Background - Stephen Milan, previously the chairman of Trump's economic advisory council, began his role at the Federal Reserve while still on unpaid leave from the White House, indicating a potential conflict of interest [3][5]. - His confirmation was contentious, passing the Senate by a narrow margin of 48 to 47 votes, highlighting the significant controversy surrounding his appointment [5][9]. Group 2: Economic Policies and Views - Milan is known for his alignment with Trump's economic strategies, including advocating for tariffs and a weaker dollar to boost exports, which he believes necessitates lower interest rates [7][11]. - He publicly challenged Federal Reserve Chairman Jerome Powell on the need for more substantial rate cuts, suggesting rates should drop below 3% by year-end [7][11]. Group 3: Implications for Federal Reserve Independence - Milan's dual role poses a threat to the long-standing principle of Federal Reserve independence, as he suggests that the central bank should be more responsive to presidential influence [9][11]. - The potential shift in policy could lead to increased inflation risks, as traditional economic theories warn against aggressive rate cuts in the face of rising tariffs [11][13]. Group 4: Broader Economic Impact - The ongoing debate about the Federal Reserve's independence could have significant repercussions for the U.S. economy, potentially leading to higher long-term interest rates and volatility in financial markets [13][15]. - The situation reflects a broader struggle over economic governance, questioning whether decisions should be made by data-driven professionals or politically motivated leaders [15].