According to Jinshi Data, Tiffany Wilding, an economist at Pacific Investment Management Company (PIMCO), pointed out that although U.S. President Trump may continue to criticize the Federal Reserve and call for interest rate cuts, he will not replace the current chairman Powell. Trump will influence Federal Reserve decisions through upcoming appointments, including the term of Governor Quigley expiring in January and the term of Chairman Powell expiring in May. Powell's term as a governor will last until January 2028. Wilding emphasized that new leaders must present convincing monetary policy proposals, first obtaining Senate approval and then seeking majority support from the Federal Open Market Committee.