Core Points - Jerome Powell emphasized the importance of public service and defending democracy during his speech at Princeton University [1] - Powell highlighted the significant role of American universities in global innovation and economic vitality, urging graduates to appreciate and protect these institutions [3] - The Trump administration's recent actions against Harvard University, including the cancellation of its ability to enroll international students, could impact the university's ability to attract top talent [3] Summary by Sections Public Service and Democracy - Powell encouraged graduates to dedicate time to public service, reflecting on the historical mission of Americans to strive for equality since the founding of the nation [1] - He did not address political matters directly, maintaining the typical stance of Federal Reserve officials [2] Role of Universities - Powell stated that top American universities are a vital asset and should not be taken for granted, as they contribute significantly to the country's global standing in technology and economy [3] - He expressed hope that future generations would work to uphold and strengthen American democratic values [3] Recent Political Context - The Trump administration's recent cuts to federal funding for universities, particularly targeting Harvard, were noted, although Powell did not mention these actions in his speech [3] - Despite ongoing inflation pressures, Trump has been pressuring Powell to lower interest rates, which has not been successful [3] Personal Reflections - In his closing remarks, Powell defended the Federal Reserve's response to the COVID-19 pandemic and emphasized the importance of individual lives and character [4]

Group 1 - The article emphasizes the importance of public services being genuinely beneficial to the community, rather than merely serving as superficial displays or fulfilling bureaucratic requirements [2][3]. - It highlights the need for public services to be tailored to the actual needs of the people, advocating for a more engaged approach where officials understand the community's desires and challenges [2][3]. - The example of a village event in Shandong illustrates the effectiveness of community engagement, where local leaders actively sought input from residents to ensure the event met their interests, resulting in high participation [2][3]. Group 2 - The article discusses the significance of service quality as a reflection of both capability and attitude, showcasing how thoughtful public service can enhance a region's competitiveness and attractiveness [4]. - It notes that continuous improvement in public service is essential, shifting the focus from merely providing what is available to understanding and delivering what is truly needed by the community [4]. - The positive feedback from candidates in Chongqing regarding the supportive services provided during their examination highlights the impact of attentive public service on community perception and satisfaction [4].

Group 1 - The Shanghai Blockchain Assessment Center has officially been launched, established through a collaboration between Shudong Chain Valley and the China Electronic Technology Standardization Institute, providing blockchain assessment services based on national standards for various industries [1][3] - The establishment of the center is a significant step in building the blockchain industry ecosystem in Jing'an District, highlighting the importance of blockchain technology in enhancing the efficiency and security of infrastructure in governance and public services [3] - The event also featured the "Jing'an District Blockchain Industry High-Quality Development Conference and 'Blockchain + Public Service' Scenario Market," indicating a strong focus on the integration of blockchain technology with public services [3] Group 2 - The Shanghai Blockchain Technology Association and the Shanghai Digital Commerce Association have officially settled in Shudong Chain Valley, which will host a series of industry training, competitions, and summits to promote industry aggregation [3] - The "Blockchain + Public Service" scenario market showcased applications using AI technology through digital humans, emphasizing the innovative applications of blockchain in public service [3] - Jing'an District is actively seizing opportunities for blockchain industry development, aiming to create an innovative hub for blockchain technology [3]