Analyst Quick Comment: "FED Governor Fired" – Another Blow to Central Bank Independence by Trump!

　　According to CCTV News, on Monday Eastern Time, US President Trump did something unprecedented: he publicly posted a letter to Federal Reserve Governor Lisa Cook on his social media platform Truth Social, announcing her immediate dismissal.

　　Citing relevant clauses of Article II of the US Constitution and the Federal Reserve Act enacted in 1913, Trump stated that he had determined there were sufficient grounds to remove Cook from her position. The letter mentioned a criminal referral submitted by the Federal Housing Finance Agency on August 15, alleging that Cook had made false statements in mortgage documents.

　　Trump accused Cook of "fraudulent and potentially criminal conduct" in financial matters and claimed such behavior had undermined her credibility as a regulator.

　　Some media commentators described this as an unprecedented move, marking a further escalation of Trump's attacks on the US central bank. Affected by this news, the US dollar spot index, US Treasury yields, and S&P 500 index futures all declined.