Fed Chair Search: BlackRock's Rieder in the Running
Update: 2025-09-12
Description
White House Fed Chair Search Heats Up! Treasury Secretary Scott Bessent met with BlackRock's Rick Rieder as Trump seeks a new Fed leader to aggressively cut interest rates. Rieder is a key contender, but faces competition from Hassett, Warsh, and Waller. Meanwhile, the Senate is poised to confirm Stephen Miran to the Fed amidst drama with current governors and Trump's attempts to shake up the board. Who will Trump pick to lead the Fed?
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