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Exclusive Analysis: Trump “Pre-appoints” Federal Reserve Chair! Is the Era of Dollar Independence Over? How Will Markets React? Ethereum Upgrade Sparks Opportunities!
Last night, a breaking news story shook global financial markets: Trump’s team abruptly canceled the final interviews for the Federal Reserve Chair because the candidate had already been “pre-selected.”
This is not just a simple personnel change—it could mean the end of the Federal Reserve’s “independence tradition” that has lasted for more than 70 years. Is Trump turning the world’s most important central bank into his own financial weapon?
1. No Suspense About the Pick: Why Was Hassett “Handpicked”?
All signs point to one person—White House National Economic Council Director Kevin Hassett.
Trump recently publicly called him a “potential Fed Chair,” which is almost an official announcement. Why him?
· Absolute Loyalty: Hassett is a longtime member of Trump’s economic team, previously serving as Chairman of the Council of Economic Advisers and now leads the National Economic Council.
· Policy Alignment: He once defended the Fed’s independence, but this year has shifted to openly support Trump’s calls for rate cuts and sharply criticized current Chair Powell for “moving too slowly.”
· Trump Has Had Enough: Trump nominated Powell, expecting him to cooperate with policy, but was repeatedly opposed. This time, he wants a compliant “insider.”
2. What Does Trump Want? Three Main Objectives Revealed
Why would Trump risk shaking the foundations of the dollar just to control the Fed?
1. Provide Ammunition for the “Tariff War”: Large-scale tariffs may drag down the economy, but rate cuts can offset negative effects and pave the way for ongoing trade confrontation.
2. Ease Debt Pressure: U.S. national debt has surpassed $38 trillion. With high rates, annual interest payments exceed $1 trillion. A sharp rate cut would greatly reduce the interest burden.
3. Full Control of the Economic Toolkit: Aligning monetary policy with fiscal policy (tax cuts, tariffs) to stimulate the economy entirely at his discretion and serve his re-election bid. #成长值抽奖赢iPhone17和周边 #十二月行情展望 #广场发帖领$50