January 24, 2026

Trump Backed Rick Rieder Now Leads the Odds for New Fed Chair

The race for the next Fed Chair continues to heat up, with Rick Rieder now leading market expectations. Rieder, BlackRock’s Chief Investment Officer of Global Fixed Income, has surged ahead after public praise from President Donald Trump. This shift in sentiment follows Trump’s direct meetings with finalists, as Jerome Powell’s term ends May 15 and

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