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Rick Rieder, BlackRock’s fixed-income chief, is rising as a top Fed Chair contender due to Trump’s backing and market expertise.
Rick Rieder, BlackRock’s global fixed-income CIO overseeing $2.4 trillion in assets, has emerged as a top contender for Federal Reserve Chair, fueled by praise from President Donald Trump and his frequent media presence.
Known for his practical market expertise, Rieder stands out among potential candidates for his real-world financial experience over academic credentials.
His rise reflects growing speculation about a shift in Fed leadership toward someone with deep market insight, though no formal nomination has been made.
The appointment could influence future U.S. monetary policy as Chair Jerome Powell’s term nears its end.
Rick Rieder, jefe de renta fija de BlackRock, está ascendiendo como uno de los principales aspirantes a la presidencia de la Fed debido al respaldo de Trump y su experiencia en el mercado.