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blackrock
Trump to interview BlackRock's Rick Rieder for Fed chair role
SUMMARY
President Trump will interview Rick Rieder of BlackRock for the Federal Reserve chairman position this week. This interview occurs at the White House and includes key administration figures. Rieder is among several finalists; others include Kevin Warsh, Kevin Hassett, and Christopher Waller.
Trump's selection will be made in January, with Jerome Powell’s term ending on May 15. If a new chair is chosen outside the current Board of Governors, an open seat will need to be filled. Fed Governor Stephen Miran’s term expires on January 31 and he advocates for more aggressive interest rate cuts.
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