每经编辑：杜宇 央视新闻8月26日消息，据路透社、《纽约时报》等媒体报道，当地时间8月25日，美联储理事库克表示，特朗普无权将她从美联储解雇，她也不会辞职。 图片来源：央视新闻 据悉，库克通过律师向媒体发表声明回应称，特朗普"在法律上既无依据也无权力"解除其职务——该职位由时任总统拜登于2022年任命，其任期将持续至 2038年。 库克强调："我将继续履行稳定美国经济的职责。"其律师指出，特朗普的要求"缺乏正当程序、事实依据和法律授权，库克方面将采取一切必要法律行动予 以抵制"。 库克是美联储首名非洲裔女性理事，任期至2038年。她2022年5月就任美联储理事，先前是密歇根州立大学经济学教授，曾在民主党人奥巴马任总统期间任 职于经济顾问委员会。 25日当天稍早前，美国总统特朗普在其社交媒体"真实社交"上公开了一封致美联储理事莉萨·库克的信件，宣布即刻将其免职。 据了解，特朗普在信中援引的《联邦储备法》确实规定总统可"基于正当理由"撤换美联储理事。不过自上世纪70年代以来，历任美国总统为保持货币政策公 信力，均避免干预美联储事务。 据央视新闻，这场风波始于上周美国联邦住房金融署署长普尔特对库克抵押贷款问题的质疑 ...

Group 1 - The core event involves President Trump signing a document to dismiss Federal Reserve Governor Cook, marking a significant challenge to the independence of the Federal Reserve [1] - This unprecedented action is viewed as a potential financial risk signal, possibly leading to legal disputes and uncertainty in central bank policy decisions and market expectations [1] - The immediate market reaction saw the US dollar index drop nearly 30 points, reflecting concerns over the Federal Reserve's independence and increasing expectations for future interest rate cuts [3] Group 2 - Gold prices surged over $20 shortly after the news, demonstrating its role as a traditional safe-haven asset amid market uncertainty [3] - Technical analysis indicates that gold shows a strong upward trend in the long term, while short-term charts suggest a consolidation phase, advising traders to be cautious [3] - Silver also displays positive technical indicators, with key resistance at $38.80-$39.00 and support around $37.50, suggesting potential for upward movement if resistance is broken [3][4] Group 3 - The event has caused immediate and noticeable impacts on financial markets, leading to structural differentiation where the dollar is under pressure while precious metals like gold and silver rise due to safe-haven demand [4] - Investors are advised to consider both the political risks and technical analysis when setting trading strategies, focusing on key support and resistance levels [4] - The market is currently processing the uncertainties brought by this rare event, emphasizing the need for caution and attention to technical signals and market sentiment changes [4]

在美国总统特朗普公然"单方面"宣布解雇美联储理事丽莎·库克（Lisa Cook）后，这位前总统拜登任命 的理事霸气回应称，特朗普无权这么做，她不会辞职。 库克是第一位担任美联储理事的黑人女性。她在周一的一份声明中表示，"特朗普总统声称'有正当理 由'解雇我，但无任何法律依据，他也无权这么做。" 周一晚间，美国民主党资深参议员伊丽莎白·沃伦（Elizabeth Warren）在一份声明中炮轰道，"非法解雇 丽莎·库克的行为是总统绝望地寻找替罪羊以掩盖其未能降低美国人生活成本的最新例证。" 分析人士指出，特朗普解雇库克的决定可能会在联邦法院受到质疑，最高法院可能最终裁定解雇她是否 合法。如果该提议得到维持，特朗普将有望组建一个由他任命的理事占据多数的美联储理事会，后果可 想而知。 据了解，国会在1913年的《联邦储备法》中限制了总统单方面解雇美联储理事的权力，该法案规定总统 只能在有"正当理由"的情况下，才能这样做。虽然法律没有详细说明究竟什么才算"正当理由"，但它历 来被解读为渎职或玩忽职守。 特朗普在致库克的信中则有意无意地与上述"正当理由"联系起来。他写道："我已认定，有充分理由将 你从当前职位上罢免。" ...

库克通过律师阿贝·洛厄尔回应称，特朗普总统将其解雇缺乏法律依据及相关权力。"我将继续履行我的 职责，帮助美国经济。"洛厄尔表示："我们将采取一切必要措施，阻止其非法行为。" 美国联邦住房金融署署长比尔·普尔特20日公开指认库克曾同时将两处房产申报为其"主要住宅"以获取 更优惠贷款利率，并向司法部提交一份刑事指控。特朗普当天晚些时候在社交媒体上转发相关报道并 称"库克必须辞职"。21日，美司法部表示将对库克展开调查。 根据美国国会1913年通过的《联邦储备法》，总统只能"因故"解雇美联储理事，但法律并未明确"因 故"的具体内容。 宾夕法尼亚大学美联储历史学者彼得·康蒂-布朗表示，库克出任美联储理事已经过总统和参议院的审 查，目前将任职前发生的事情认定为解雇原因并不合理。 新华社华盛顿8月26日电 综述｜特朗普解雇美联储理事库克 被指"非法" 新华社记者徐静 美国总统特朗普25日以涉嫌住房抵押贷款欺诈为由解雇美联储理事莉萨·库克。这一被媒体称为"史无前 例"的做法引发争议，库克回应称特朗普无权解雇她，将继续履职。 特朗普当天在其社交媒体上一封致库克的信中表示，鉴于库克"在金融问题上存在欺骗行为且可能构成 犯罪"， ...

Core Viewpoint - The unexpected announcement by Trump to remove Federal Reserve Governor Lisa Cook has raised significant concerns about the independence of the Federal Reserve and the potential political motivations behind this action [1][3][6] Group 1: Political Context - Trump's decision to dismiss Cook is unprecedented in U.S. history, marking a significant shift in the relationship between the presidency and the Federal Reserve [3] - The allegations against Cook stem from a criminal referral regarding mortgage fraud, but legal experts suggest that there is insufficient evidence for such a claim to hold [3][6] - If Trump successfully removes Cook, he would gain a majority in the Federal Reserve Board, potentially undermining its independence [3][6] Group 2: Market Reactions - Following the announcement, Nasdaq futures fell by 0.2%, the Japanese yen strengthened, and gold prices recovered from earlier losses, indicating market volatility in response to the news [1] - Traders are now focused not only on market fluctuations but also on the constitutional implications of Trump's actions and whether Cook will resist the dismissal [6] Group 3: Implications for Federal Reserve Independence - The independence of the Federal Reserve has been a cornerstone of U.S. monetary policy since the 1930s, and Trump's actions threaten to disrupt this foundational principle [6] - The potential for the Federal Open Market Committee (FOMC) to become a political tool rather than an independent body raises concerns among economists and lawmakers [6]

Core Viewpoint - The unexpected dismissal of Federal Reserve Governor Lisa Cook by President Trump has triggered significant market volatility, raising concerns about the independence of the Federal Reserve and the potential for interest rate cuts [1][3]. Market Reaction - The immediate market response included a 0.3% drop in the US dollar index, while gold and the Japanese yen saw increases, reflecting a typical flight to safety during periods of uncertainty [3]. - The market interprets the dismissal as a signal for increased likelihood of interest rate cuts in September, given the current sensitive economic climate in the US [3]. Concerns about Federal Reserve Independence - There is growing skepticism regarding the independence of the Federal Reserve, which has historically been a cornerstone of the dollar's status as a global reserve currency [3]. - Direct political intervention in central bank personnel decisions raises alarms reminiscent of practices in emerging markets, potentially leading to a loss of monetary credibility and capital flight [3]. Impact on Dollar Confidence - The concerns regarding the Federal Reserve's independence are shaking market confidence in the US dollar, prompting some investors to seek alternative assets [3]. - Traditional safe-haven assets like gold and the yen are experiencing increased buying interest as a result of this uncertainty [3]. Gold Market Analysis - Gold prices are currently showing mixed signals, with prices above moving averages indicating a strong trend, yet a lack of bullish momentum suggests a divergence in market sentiment [4]. - Key support for gold is identified in the 3360-50 range, while resistance is noted at 3385-90 and a stronger level at the psychological barrier of 3400 [4]. - The outlook for gold remains cautiously optimistic, with potential for short-term fluctuations due to the uncertain direction of the dollar [4]. Investment Recommendations - Investors are advised to exercise extreme caution during this period of high uncertainty, with conservative investors recommended to stay on the sidelines [4]. - Aggressive traders may consider short-term trading within the 3360-3395 range, but should implement strict stop-loss measures [4]. - Future market movements will depend on further actions from the White House and responses from Federal Reserve officials, with ongoing debates about monetary policy independence likely to influence gold prices in the latter half of the year [4].

Group 1: Event Overview - Trump announced the dismissal of Federal Reserve Governor Lisa Cook on August 25, 2025, citing "sufficient reason" related to alleged fraudulent behavior[1] - Cook, a Democratic appointee, was the first Black woman to hold the position and was seen as a neutral dove in monetary policy[1] Group 2: Implications for Federal Reserve Independence - Trump's action challenges the long-standing tradition of respecting the Federal Reserve's independence, potentially leading to a more politicized monetary policy[2] - The dismissal may allow Trump to appoint a more dovish member, shifting the balance of the Federal Open Market Committee (FOMC) towards a majority favoring looser monetary policy[5] Group 3: Market Reactions - Short-term effects may include a depreciation of the dollar, increased volatility in risk assets, and a rise in demand for safe-haven assets[2] - Stock markets reacted negatively, with declines observed across major indices, reflecting concerns over the Federal Reserve's independence and future policy uncertainty[8] Group 4: Long-term Considerations - If Trump's control over the Federal Reserve strengthens, it could lead to a prolonged low-interest-rate environment, impacting stock valuations and increasing market volatility[10] - The weakening of the dollar may enhance U.S. export competitiveness but could also trigger global currency tensions and competitive devaluations[10]

Core Viewpoint - Trump's dismissal of Federal Reserve Governor Lisa Cook marks a historic precedent in U.S. politics, raising questions about the independence of the Federal Reserve and the implications for financial markets [1][8]. Group 1: Dismissal of Lisa Cook - Trump has officially dismissed Lisa Cook, the first Black woman appointed to the Federal Reserve Board, citing allegations of mortgage fraud related to her housing applications [3][5]. - The Justice Department has only initiated an investigation, and no formal charges have been established against Cook [3][5]. - Cook has publicly rejected Trump's claims, indicating a potential legal battle that could escalate to the Supreme Court [3][8]. Group 2: Motivations Behind the Dismissal - The dismissal appears to be a strategic move by Trump to influence monetary policy, particularly to facilitate interest rate cuts that Cook opposed [5][6]. - By removing Cook, Trump aims to fill the vacancy with his own appointees, potentially gaining control over the Federal Reserve's decision-making process [6][9]. - This action serves as a political maneuver to rally support from his voter base by portraying himself as a champion against corruption [6][10]. Group 3: Implications for the Federal Reserve - Trump's actions have severely undermined the perceived independence of the Federal Reserve, setting a dangerous precedent for future presidential interventions [8][10]. - If Trump successfully appoints new members, the Federal Reserve Board could become aligned with his political agenda, impacting future monetary policy and regulatory decisions [9][10]. - The market's reaction has been negative, with the dollar declining and gold prices surging, indicating a loss of confidence in the Federal Reserve's autonomy [10][11].

Core Viewpoint - The dismissal of Federal Reserve Governor Cook by President Trump raises concerns about the Fed's ability to control inflation, leading to a steepening of the U.S. Treasury yield curve, with the spread between 5-year and 30-year yields reaching its highest level since 2021 at 116 basis points [1][4]. Group 1: Market Reactions - The market speculates that Trump will appoint a more dovish policymaker to replace Cook, which aligns with his stance on urging the Fed to ease monetary policy, potentially lowering short-term rates but risking higher long-term inflation expectations [4]. - Following the announcement, the dollar index initially fell but recovered some losses after Cook stated she would not resign, indicating market sensitivity to changes in Fed leadership [6]. Group 2: Political Implications - Trump's action to remove Cook could allow him to appoint loyalists who support rate cuts, which may further challenge the independence of the Federal Reserve, a key factor in maintaining the dollar's safe-haven status [5][6]. - The Federal Reserve Board, consisting of seven members nominated by the president and confirmed by the Senate, may see a shift in its composition towards more dovish members if Trump successfully appoints new governors [5]. Group 3: Economic Impact - The recent developments have intensified negative sentiment towards U.S. assets, with traders seeking alternatives to the dollar and Treasuries amid concerns over the Fed's independence [5]. - Standard & Poor's recently reaffirmed the U.S. AA+ credit rating but warned that political developments undermining the Fed's independence could put this rating under pressure [5].

Core Viewpoint - President Trump announced the dismissal of Federal Reserve Governor Lisa Cook due to allegations of mortgage fraud, which may lead to a legal battle and reflects his ongoing attempts to exert control over the Federal Reserve [1][2][4]. Group 1: Dismissal Reasons - Trump stated he had sufficient reasons to dismiss Cook, citing allegations of her involvement in mortgage fraud [2][4]. - The allegations include Cook declaring two properties as her "primary residence" to obtain better mortgage rates, which were reported to the Department of Justice [4][10]. - Trump emphasized the significant responsibilities of the Federal Reserve and the potential criminal behavior related to Cook's financial dealings as justification for her dismissal [4]. Group 2: Context and Implications - Trump's dissatisfaction with the Federal Reserve's refusal to lower interest rates has led to his criticism of both Chair Jerome Powell and now Cook [5]. - Cook, the first Black woman to serve as a Federal Reserve Governor, has a term lasting until 2038 and previously served as an economics professor [9]. - The dismissal could set a precedent for further appointments that align with Trump's economic policies, particularly if he can secure a majority among the seven Federal Reserve Governors [11]. Group 3: Legal Considerations - The dismissal of a Federal Reserve official by the President is not straightforward; legal scholars note that valid reasons beyond policy disagreements are required [11]. - If Cook refuses to resign, it may lead to a legal confrontation between the White House and the Federal Reserve, potentially reaching the Supreme Court [11][14]. - A ruling that undermines the independence of the Federal Reserve could impact market confidence in its ability to manage inflation [14].