🚨 Trump Considers BlackRock’s Rick Rieder for Fed Chair

🔥 The Fed Chair search is heating up. According to CNBC, BlackRock CIO Rick Rieder has joined a growing list of candidates to replace Jerome Powell when his term expires in May 2026. Other notable names include:

• Jefferies Chief Market Strategist David Zervos

• Former Fed Governor Larry Lindsey

• Fed Vice Chair for Supervision Michelle Bowman

• Fed Governor Chris Waller

• Fed Vice Chair Philip Jefferson

📢 Treasury Secretary Scott Bessent will interview all candidates, creating a shortlist for President Trump’s final decision.

💡 Key Considerations:

• Several candidates, including Rieder, have voiced support for Fed rate cuts, aligning with Trump’s policy stance.

• Current Fed members Waller and Bowman voted for a cut at the July FOMC meeting.

• No immediate appointment is expected, so the Fed’s policy direction will continue under Powell for now.

📊 This move signals continued market focus on interest rates, monetary policy, and potential shifts in Fed leadership. The selection could have far-reaching implications for both institutional investors and global markets.

#FederalReserve #Finance #BlackRock #InterestRates #BlacRrock

https://coingape.com/trump-considers-blackrocks-cio-rick-rieder-for-fed-chair-role/?utm_source=bnb&utm_medium=coingape