Rick Rieder, BlackRock's elder managing director, speaking astatine the Delivering Alpha league successful New York City connected Sept. 28, 2023.
Adam Jeffery | CNBC
BlackRock fixed income main Rick Rieder's prima is rising arsenic a imaginable Federal Reserve seat pursuing flattering remarks Wednesday from President Donald Trump.
In a CNBC interview, Trump called Rieder "very impressive" pursuing a caller gathering betwixt the two. Rieder is 1 of a fewer finalists successful the contention to spot who volition win existent Chair Jerome Powell erstwhile his word expires successful May.
Trump besides indicated that helium is adjacent a decision, with a campaigner tract that began astatine 11 present whittled "down to possibly one," the president said during the interrogation from the World Economic Forum successful Davos, Switzerland.
Following his comments, traders connected the Kalshi predictions market raised the likelihood for Rieder getting the information to 33%, astir treble wherever they were astatine the opening of the week. Rieder did not instantly respond to a petition for comment.
Former Fed Governor Kevin Warsh continues to clasp the pb astatine 45%, but that's down astir 14 points from Monday.
Treasury Secretary Scott Bessent, who has led the campaigner screening, told CNBC earlier this week that helium expects Trump volition denote a determination adjacent week.
—Disclosure: CNBC and Kalshi person a commercialized relationship.
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