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CoinVoice has learned that, according to Jinshi, UBS Chief Economist Paul Donovan wrote that initiating a criminal investigation against the sitting Federal Reserve Chair could actually help strengthen the central bank's independence. Market reactions show that investors' concerns about the Fed's ability to manage interest rates without political interference are rising. Although overall asset prices are not highly volatile, long-term US Treasury yields are rising, and the US dollar is weakening. Donovan stated that Powell's tough stance may indicate that he is unwilling to resign from his Federal Reserve board position this year.