Group 1 - The U.S. Labor Department reported that 139,000 non-farm jobs were added in May 2025, exceeding market expectations, which complicates the Federal Reserve's decision on interest rate cuts [2] - The divergence in monetary policy between the European Central Bank and the Federal Reserve is becoming more pronounced, with the Fed maintaining its stance while the ECB has cut rates multiple times [3] - The political implications of interest rate decisions are significant, as every 0.25 percentage point rate hold translates to billions in interest payments for the government [3] Group 2 - The political dynamics within the White House are tense, with President Trump considering personnel changes at the Federal Reserve as a means to influence monetary policy [5] - There are discussions about the potential replacement of Fed Chair Powell, with former Fed Governor Kevin Walsh being a top candidate, although some advisors suggest waiting until Powell's term ends in May 2026 [6] - Trump's impatience is growing as the midterm elections approach, and he is under pressure to maintain a low-interest-rate environment to support his economic policies [8] Group 3 - The internal fractures within Trump's administration are widening, with his extreme individualism and emotional decision-making style causing instability among his advisors [12] - The stability of Vice President Vance's position is uncertain, as loyalty is the primary criterion in Trump's political framework, making any personnel changes possible at any moment [13] - The nature of power dynamics in the Trump era reflects a deeper crisis within the U.S. political system, showcasing the volatility of political alliances and the potential for sudden shifts in personnel [15]