Stock indices continue to demonstrate stability. Wall Street ended the day at another historic high, fueling the growth of quotations in Asia and Europe. Markets are supported by a combination of strong corporate reports, including the results of Netflix, and expectations of a possible Fed rate cut in the fall.In addition, the U.S. Federal Reserve found itself in the center of a political conflict: the Trump administration accused the head of the Fed, Jerome Powell in an overly "luxurious" reconstruction of the headquarters of the regulator. The head of the central bank rejected the accusations, pointing to the need for a major overhaul, including compliance with historical standards. At the same time, a number of Republicans demanded Powell's resignation. However, some members of the Senate Banking Committee rose to his defense, emphasizing the importance of the Fed's independence.The topic of repairs has become a new tool of pressure on Powell, whom Trump has long sought to replace because of his refusal to quickly reduce rates.In the event that the risks of changing the head of the Fed will increase, the US dollar will be under pressure, as a result of which the market may reach new historical highs.