US EditionTrump Faces Tough Fed Chair Search
Rick Rieder’s market experience as BlackRock’s trading chief has positioned him as the leading candidate to chair the US Federal Reserve, influencing national monetary policy.
- President Donald Trump's search for a new Federal Reserve chair is challenging due to complications from his attacks on the central bank.
- Rick Rieder, an executive at BlackRock, has been identified as a leading candidate for the role.
- The search for a candidate has been described as a hunt for an elusive unicorn.
43 Articles
43 Articles
Who will be the next Fed boss? According to betting markets, Rick Rieder is the new favorite. Trump's recent statements have influenced the forecasts. What is Rieder's position on central bank independence?
Daily Journal
Financial trading master Rick Rieder emerges as possible Fed chief
The emergence of BlackRock's Rick Rieder as a Federal Reserve frontrunner means the US central bank could be led by a financial markets master less academically credentialed than other recent chairs.
Rieder odds rising for Fed chair after Trump calls BlackRock executive 'very impressive'
Rick Rieder, BlackRock’s senior managing director, speaking at the Delivering Alpha conference in New York City on Sept. 28, 2023. Adam Jeffery | CNBC BlackRock fixed income chief Rick Rieder’s star is rising as a potential Federal Reserve chair following flattering remarks Wednesday from President Donald Trump. In a CNBC interview, Trump called Rieder “very impressive” following a recent meeting between the two. Rieder is one of a few finalist…
In charge of bond investments at BlackRock, Rick Rieder is now cited as a potential candidate for the Fed's presidency to succeed Jerome Powell. His profile, atypical for the Fed, attracts the attention of the White House and markets. Portrait.
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