Odaily News According to CNBC, Musk is a loyal supporter of President-elect Trump and supports the idea of "allowing the president to intervene in the Fed's policy." According to reports, Utah Republican Senator Mike Lee had previously called on the Fed to "listen to the president" on social media. In response, Musk posted a "100" emoji on the 8th, expressing his full agreement. Mike Lee added the tag "#EndtheFed" to his post. Although Musk's comments were brief, they reflected a broader pressure campaign on the independence of the Federal Reserve that may form in the next Trump administration. According to reports, Federal Reserve Chairman Powell said on the 7th that he would not resign even if Trump asked him to resign. This marks a potentially controversial relationship between the Federal Reserve Chairman and the President-elect. The Federal Reserve's tradition of independence is designed to give the central bank the ability to formulate monetary policy, such as raising or lowering interest rates, entirely based on the future health of the U.S. economy. (Jinshi)