刚刚，稳定币法案通过！美联储，降息大消息！

Group 1: Legislative Developments - The GENIUS Act was passed with a vote of 308 in favor and 122 against, indicating bipartisan support with 102 Democrats voting for it and 12 Republicans against it [1] - The Senate had previously approved the same bill in mid-June [1] Group 2: Federal Reserve's Monetary Policy - Federal Reserve officials are signaling a "hawkish" stance, with Governor Adrianne Kugler suggesting that interest rates should remain unchanged for some time due to the impact of tariffs on consumer prices [4][6] - New York Fed President John Williams stated that the current monetary policy is in the "right place" and warned against complacency regarding the effects of increased tariffs on inflation [8][10] - Kugler noted that inflation remains above the Federal Open Market Committee's 2% target, with upward pressure from tariffs, and predicted additional price increases later in the year [6][8] Group 3: Federal Reserve Independence and Leadership - Powell defended the Federal Reserve's independence in response to criticisms regarding its financial management and policy independence [3] - Potential Fed chair candidate Kevin Walsh expressed that the Fed is facing a "credibility crisis" and criticized Powell's leadership, suggesting that the Fed should not overly worry about inflation from tariffs [11][13] - Morgan Stanley's report indicated that regardless of whether Powell is dismissed, the market is already pricing in the policy direction of the next Fed chair [15][17] Group 4: Market Reactions and Predictions - Analysts predict that the discussion around loose monetary policy will intensify, contributing to a positive sentiment in the stock market [19] - The current situation is compared to historical conflicts between the White House and the Fed, suggesting a recurring theme of political pressure on monetary policy [16][17]