**[Trump's Remarks Have Limited Impact on the Federal Reserve, Market Reaction Remains Calm]** November 5 news: The Federal Reserve has faced pressure from nearly a year of continuous attacks by Trump, including insults, threats to fire Fed Chair Jerome Powell and Governor Cook, as well as demands for interest rate cuts to reduce government debt costs. Treasury Secretary Besant also accused the Fed of overstepping its authority since the financial crisis. Despite this, financial markets remained calm throughout 2025. Research by scholar Francesco Bianchi shows that inappropriate remarks during Trump's first term significantly influenced market expectations for the federal funds rate, but in the long term, the impact of presidential remarks is limited. Former Fed Governor Randy Kroszner and former Treasury Secretary Larry Summers both believe that the market has little concern about medium-term inflation rate increases, and the issue of the Fed overstepping its authority is not a major problem for the United States.