The American financial power center is experiencing an invisible undercurrent. The confrontation between Trump and JPMorgan Chase CEO has become the focus—this banking giant warned of serious consequences if the Fed's independence is undermined, only to be directly countered.

The current controversy centers on credit card interest rates. Trump strongly advocates for a cap of 10%, with a straightforward reason: "We must protect those paying 28% high interest." The banking industry loudly opposes this, claiming it would lead to credit tightening and the disappearance of reward points, but the White House firmly believes this is a necessary one-year measure.

What’s more provocative is that Trump continues to push for investigations and replacements of the Federal Reserve Chair. JPMorgan Chase executives even voiced that "this is not good for anyone," but it seems unlikely to shake Trump’s resolve. Within the Republican Party, there is also disagreement, with key lawmakers threatening to block the new Fed nominee.

Behind this tug-of-war over financial power, there are underlying concerns about the Fed’s independence, credit markets, liquidity, and a series of chain reactions. Market anxiety continues to rise, and who will ultimately win this game remains to be seen.