< p > Trump again retracted his statement. On today (April 23rd Beijing Time), he said that he had no intention of firing Federal Reserve Chairman Powell. Trump stated, "I have no intention of firing him. I hope to see him more proactive in cutting interest rates... But no, I have no intention of firing him." < / p >< p > [Smart Comment]: Whether Trump really has the power to fire the Federal Reserve Chairman is still a controversial issue. The independence of the Federal Reserve is an intentionally preserved "anti-presidential mechanism" in the American constitutional structure, aimed at avoiding excessive political intervention in the economy. The Federal Reserve is an independent central bank outside the White House. The Fed Chairman is nominated by the President, but the term arrangement is deliberately staggered with the presidential term to avoid synchronization. In addition, the Fed's budget does not rely on Congressional appropriations, but is self-sufficient, which further enhances its independence. < / p >< p >< img src = "//p3-sign.toutiaoimg.com/tos-cn-i-ezhpy3drpa/462bec14129e45efad9ce64618864a95~tplv-obj:1200:628.image?_iz=97245&bid=15&from=post&gid=1830145662274567&lk3s=06827d14&x-expires=1753142400&x-signature=VQRpPLYk1uOoJhtVjNYdRCpRvck%3D" / >< img src = "//p3-sign.toutiaoimg.com/tos-cn-i-ezhpy3drpa/177c778cc96249579174eccc9e10daa1~tplv-obj:1080:1713.image?_iz=97245&bid=15&from=post&gid=1830145662274567&lk3s=06827d14&x-expires=1753142400&x-signature=FDokSQ6OVvWs6cEGXXBIOOGGsx0%3D" / >< / p >< p > Original article: https://www.toutiao.com/article/1830145662274567/< / p >< p > Statement: This article only represents the author's personal views.< / p >