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Rick Rieder Surges as Front-Runner for Fed Chair as Betting Odds Climb

Prediction platforms now favor the BlackRock bond chief following public praise from President Trump.

Overview

  • Rieder’s probability on Polymarket has hovered near 50% in recent days, while Kalshi bettors put his chances around 39%, ahead of Kevin Warsh and Christopher Waller.
  • His odds spiked after Trump called him “very impressive” during the president’s Davos trip, according to market data and recent reporting.
  • Rieder serves as BlackRock’s chief investment officer for global fixed income, overseeing roughly $2.4 trillion in assets.
  • He has urged lowering the federal funds rate toward about 3%, a stance analysts describe as dovish relative to current policy.
  • Rieder has been outspoken about bitcoin’s role as a store of value, though supervisory rulemaking at the Fed has been led by Vice Chair Michelle Bowman under current practice.