Deep Tide TechFlow news, on July 12, according to Jin Shi Data reports, the White House is pressuring Powell regarding the renovation of the Federal Reserve headquarters. An article by 'Federal Reserve Mouthpiece' Nick Timiraos points out that Federal Reserve researchers say the latest developments, to put it positively, represent a transparent attempt aimed at creating a new pressure front for the Federal Reserve; negatively, it is a dangerous step to create legal grounds for Powell's dismissal. 'We are at a critical moment in the history of the Federal Reserve,' said Peter Conti-Brown, a scholar studying the Federal Reserve at the University of Pennsylvania. 'In my view, it is clear that the Trump administration is now using various mechanisms to fabricate a post hoc explanation for Powell's removal.' Investors are paying attention to this because firing the Federal Reserve chairman for political reasons would break established norms that have supported global confidence in the dollar for decades. 'If President Trump and his allies launch such an attack on the Federal Reserve, they will bring severe instability to almost every aspect of the global economy,' Conti-Brown said.