Fed Chair Race Heats Up: Rick Rieder Gains Momentum After Trump Endorsement Markets are closely watching as Trump’s pick for the next Federal Reserve Chair is expected within a week, and the race has taken a dramatic turn. @RickRieder, @BlackRock Global CIO of Fixed Income, who had less than a 3% chance earlier this month, has surged to the top of prediction markets, now tied with former Fed Governor Kevin Warsh at 33%. The turning point came at Davos, where Trump publicly praised Rieder, boosting his momentum. Rieder advocates an aggressive rate cut to a “neutral” 3% to spur economic growth, a stance that aligns closely with Trump’s. With over 30 years on Wall Street and $2.4T in AUM, Rieder is seen as a pragmatic candidate with both market credibility and policy chops. What’s more, he’s openly supportive of crypto. Rieder has repeatedly suggested Bitcoin deserves a place in diversified portfolios, positioning him to potentially become the Fed’s first ever crypto-friendly Chair. #FedChair #RickRieder #BlackRock #Trump #MonetaryPolicy