美国总统唐纳德·特朗普周四签署了一项行政命令，旨在扩大9万亿美元美国退休市场对加密货币、私募股权和房地产等替代资产的准入。该命令指示联邦监管机构重新审视和澄清现有规则，允许这些投资于专业管理的401（k）退休基金，约有9000万储户使用。特朗普还指示劳工部发布指导意见，并考虑为计划受托人提供安全港，以降低法律风险。在另一项命令中，特朗普谈到了保守派所谓的“降级”，呼吁监管机构审查银行基于政治信仰拒绝服务的说法。

U.S. President Donald Trump signed an executive order on Thursday aimed at expanding access to alternative assets—such as cryptocurrency, private equity, and real estate—in the USD 9 trillion U.S. retirement market. The order directs federal regulators to revisit and clarify existing rules to allow these investments in professionally managed 401(k) retirement funds, used by roughly 90 million savers. Trump also instructed the Department of Labor to issue guidance and consider safe harbors for plan fiduciaries to reduce legal risks. In a separate order, Trump addressed the alleged “debanking” of conservatives, calling on regulators to examine claims that banks have denied services based on political beliefs.

特朗普的美联储选择，英格兰银行的“鹰派”削减对美元构成压力。周五，美元面临压力，并有望每周下跌，因为美国总统唐纳德·特朗普临时选择了一位替补美联储理事，这引发了人们对他任期结束后将接替主席杰罗姆·鲍威尔的鸽派人选的期望。

Trump's Fed pick, Bank of England's 'hawkish' cut weigh on dollar.The dollar was under pressure on Friday and was on course for a weekly fall as U.S. President Donald Trump's temporary choice for a fill-in Federal Reserve Governor stoked expectations for a dovish pick to replace chair Jerome Powell when his term ends.

周五，美元指数稳定在98以上，但仍有望创下约0.5%的周跌幅，因为对美联储降息的预期增加，对新关税经济影响的担忧对美元造成压力。上周非农就业报告弱于预期后，每周首次申请失业救济人数超过预期，加剧了劳动力市场降温的迹象。在政治发展方面，唐纳德·特朗普总统提名经济顾问委员会主席斯蒂芬·米兰接替阿德里安娜·库格勒担任美联储理事会成员。市场还对美联储理事克里斯托弗·沃勒是央行行长的主要竞争者的报道做出了反应，这增强了人们对9月份降息的预期。在贸易方面，特朗普的全面报复性关税于周四午夜生效，征收10%至41%的关税，引发了人们对其可能拖累美国经济的担忧。

The dollar index steadied above 98 on Friday but remained on track to post a weekly loss of about 0.5% as expectations for Federal Reserve rate cuts grew and concerns over the economic impact of new tariffs weighed on the currency. Weekly jobless claims exceeded forecasts, adding to signs of a cooling labor market after last week’s weaker-than-expected nonfarm payrolls report. In political developments, President Donald Trump nominated Stephen Miran, chair of the Council of Economic Advisors, to replace Adriana Kugler on the Federal Reserve Board of Governors. Markets also reacted to reports that Fed Governor Christopher Waller is a leading contender to head the central bank, reinforcing expectations for a September rate cut. On the trade front, Trump’s sweeping retaliatory tariffs took effect at midnight on Thursday, introducing levies ranging from 10% to 41% and stoking concerns over their potential drag on the US economy.

美国总统唐纳德·特朗普周四宣布，他打算提名经济顾问委员会现任主席斯蒂芬·米兰进入美联储理事会。Miran将接替Adriana Kugler，后者将于周五卸任，任期至2026年1月31日。他曾在特朗普的第一任期内担任财政部部长史蒂文·姆努钦的经济政策顾问。提名需要参议院确认。

U.S. President Donald Trump announced Thursday his intent to nominate Stephen Miran, current Chair of the Council of Economic Advisers, to the Federal Reserve Board of Governors. Miran is set to replace Adriana Kugler, who will step down on Friday, and would serve a term lasting until January 31, 2026. He previously served as an economic policy adviser at the Treasury Department under Secretary Steven Mnuchin during Trump’s first term. The nomination requires Senate confirmation.