币界网报道：The recent US budget bill "Beautiful Bill" is likely to be voted on and become law. Federal Reserve officials, including Federal Reserve Board member Waller, unexpectedly proposed a possible interest rate cut in July, and the Federal Reserve Board began to discuss the requirements for loosening bank supervision. Deutsche Bank said that the main contents of this plan include: the transfer of ownership of US Treasury bonds from foreign investors to domestic investors, increasing domestic financial repression, vigorously promoting US dollar stablecoins, putting pressure on the Federal Reserve to cut interest rates and significantly weakening the US dollar. George Sarevelos, head of global foreign exchange research at Deutsche Bank, said in a recent report that these events seem unrelated, but in fact they indicate that the US macroeconomic policy mix may change significantly in the next few years. They call this shift the "Pennsylvania Plan", named after the street where the US Treasury Department is located in Washington, DC, and say that the plan is designed to help the US government cope with the huge debt.