[U.S. House Proposes Bill to Adjust Federal Reserve's Mandate, Potentially Increasing Market Volatility] On September 20, U.S. House Republicans introduced the '2025 Price Stability Act,' proposing to eliminate the Federal Reserve's dual mandate of 'maximum employment + price stability,' focusing solely on curbing inflation. This move could heighten the risk of politicizing monetary policy, intensify short-term volatility in the U.S. dollar, Treasury bonds, and stock markets, and potentially impact asset allocation strategies in the long term. Bitunix analysts believe the bill's short-term impact is more on market sentiment, as actual implementation would require cross-chamber negotiations. It is recommended to monitor Congressional progress, responses from the Treasury and Federal Reserve, and developments in the bond market.