“影子主席”浮出水面，美联储独立性风暴一触即发

Group 1 - The core viewpoint of the articles indicates that Kevin Hassett is emerging as the leading candidate to succeed Jerome Powell as the next Chair of the Federal Reserve, with President Trump likely to announce the nomination in early 2026 [2][3][5] - Market reactions suggest that Hassett is perceived as a more dovish candidate compared to Powell, leading to a decline in long-term U.S. Treasury yields and a weaker U.S. dollar [3][5] - The anticipation of Hassett's potential nomination is seen as a form of expectation management by the Trump administration, aiming to gauge market reactions and prepare for possible monetary policy easing [4][5] Group 2 - Concerns are raised about the potential politicization of the Federal Reserve with Hassett's close ties to Trump, which could challenge the independence of the institution [6][7] - Despite worries about Hassett's influence, it is noted that the Federal Reserve's decision-making structure, which includes a committee of voting members, will still play a crucial role in policy decisions [7] - The long terms of Federal Reserve governors, which can extend beyond presidential terms, are designed to ensure institutional independence, suggesting that Hassett's decisions may not be solely influenced by the Trump administration [7]