Group 1 - The core viewpoint of the article suggests that under Kevin Warsh's potential leadership as the Federal Reserve Chairman, there may be a shift in the Fed's policy direction towards a combination of "rate cuts + balance sheet reduction" [1] - Communication between the Federal Reserve and the Trump administration is expected to be smoother, maintaining the administration's supportive stance towards capital markets and overall liquidity [1] - The overall monetary policy stance remains relatively accommodative in relation to the strength of the economy, indicating that the independence of the Federal Reserve may be eroded in the medium term, which could lead to a decline in the intrinsic value of the US dollar [1]