According to Mars Finance, on August 26, Chief Economist Stephen Halmalik of Economics Unchained stated that the independence of central banks has been one of the cornerstones of the global financial system since the early 1990s. Therefore, attempts to undermine the independence of the Federal Reserve are concerning. If Fed Governor Cook is dismissed and the new governor's appointment is directly influenced by the president, this would not be welcomed by the financial markets and could lead to rising bond yields, which are crucial for managing U.S. government debt. (Jin Shi)