According to ChainCatcher, as reported by Zhitong Finance, TF Securities has released a research report stating that Trump is considering candidates for the new Federal Reserve Chair, raising concerns in the market about the "independence" of monetary policy. If Trump nominates a Fed Chair with MAGA leanings and close personal ties, there could be four potential impacts: increased risk of stagflation; heightened fiscal concerns; weakened status of the US dollar and capital flight; and for the markets, a possible "triple whammy" for US stocks, bonds, and the currency.