Recently, Trump took a widely noticed action by dismissing The Federal Reserve Board of Governors member Cook. This decision has sparked heated discussions in the financial community, with many analysts expressing concern.

Although Trump's intervention in the Fed's policies may bring some positive effects to the market in the short term, this practice may have serious negative consequences in the long run. The independence of the Federal Reserve Board of Governors is one of the key factors in maintaining market confidence. If the Fed's decisions are perceived to be influenced by political pressure rather than based on economic data and cyclical considerations, market participants may become skeptical of its policies.

For example, if an interest rate cut is seen as a result of political intervention rather than a reasonable response to economic conditions, investors may misinterpret it as a signal of economic recession. This misunderstanding could trigger unnecessary market volatility and economic uncertainty.

Therefore, although intervention may seem beneficial in the short term, maintaining the independence of the Fed is crucial for ensuring long-term market stability and economic health. It is hoped that future decision-makers will recognize this and minimize direct intervention in Fed policy, allowing it to formulate monetary policy based on professional judgment and economic indicators. This approach not only benefits the long-term development of the U.S. economy but also helps maintain the stability of global financial markets.