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#美联储理事库克免职争议# Looking back at history, the Federal Reserve Act of 1913 was originally aimed at ensuring the independence of the Fed. Today, Trump's firing of Cook has sparked much controversy. This reminds me of the conflict between President Roosevelt and the Fed during the Great Depression of the 1930s. At that time, Roosevelt also attempted to influence monetary policy, but ultimately failed to shake the Fed's independence.
Now Cook is preparing to sue, and this dispute may become another important moment to test the independence of the Fed. Historically, political interference in central banks often leads to negative consequences. In the 1970s, Nixon pressured the Fed to loosen monetary policy, ultimately resulting in severe stagflation.
Regardless of the outcome, this matter will become an important page in the development history of the Fed. As someone who pays attention to financial history, I will closely monitor the developments. This is not only about one person's stay or departure, but also about the foundation of the American financial system. I hope all parties can handle this rationally and maintain the independence and credibility of the Fed. After all, an independent central bank is crucial for maintaining economic and financial stability.