#美国证券交易委员会推进数字资产监管框架创新 【Federal Reserve Policy Independence in Focus, Battle Over Rate Decision Power Heats Up】

The White House's top economic officials recently made some interesting remarks. Current National Economic Council Chair Hassett revealed in an interview that if he were to lead the Federal Reserve in the future, he would listen to the President's policy advice, but when it comes to specific rate decisions, he would still uphold the independence of the Fed.

Behind these comments is actually recent political maneuvering. Trump only said this Friday that he believes he should have the authority to comment on the Fed's interest rate policies. His team has been pressuring current Fed Chair Powell for months, hoping for a quick rate cut, while also evaluating who will succeed Powell next.

The interesting part is—markets are paying attention to these policy signals. The Fed's interest rate movements will directly affect liquidity conditions and, in turn, influence the performance of the entire financial asset spectrum. From stocks to cryptocurrencies, everyone is speculating on the Fed's next move.

Hassett emphasized that the core responsibility of the Fed is to maintain decision-making independence and to collectively assess the appropriate interest rate level with colleagues. Implicitly, no matter how much political pressure there is, it cannot change the essence of the Fed as an independent institution. For market participants, this should be a relatively stable signal.