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Rieder odds rising for Fed chair after Trump calls BlackRock executive ‘very impressive’
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 finalists in the race to see who will succeed current Chair Jerome Powell when his term expires in May. Trump also indicated that he is near a decision, with a candidate field that began at 11 now whittled “down to maybe one,” the president said during the interview from the World Economic Forum in Davos, Switzerland. ... (full story)
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From thehill.com | Jan 22, 2026
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