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Rick Rieder discusses Fed profitability, monetary policy stability during interview for chair role
BlackRock executive Rick Rieder discussed several key issues, including the profitability of the Federal Reserve, during an interview for the top job at the central bank, senior administration sources told FOX Business. Other topics discussed during the meeting with Rieder, the chief investment officer of global fixed income at BlackRock, included the importance of monetary policy stability and U.S. debt dynamics, the sources said. The interview was conducted in the Oval Office and included President Donald Trump, Vice President JD Vance, Treasury Secretary Scott Bessent, chief of staff Susie Wiles and deputy chief ... (full story)