Federal Reserve Chair Nomination
Kevin Warsh was confirmed as the new Federal Reserve Chair by the Senate in May 2026, succeeding Jerome Powell. As of June 22, 2026, Warsh's appointment has been called 'a new era of monetary policy in the United States' by Rick Rieder, BlackRock's chief investment officer, who was also a candidate for the position. President Donald Trump nominated Warsh, a former Federal Reserve governor, on January 30, 2026, after Rieder had been considered a frontrunner.
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June 2026 — 2 developments
Kevin Warsh Confirmed as New Federal Reserve Chair in May 2026
Kevin Warsh was confirmed as the new Federal Reserve Chair by the Senate in May 2026, succeeding Jerome Powell. Rick Rieder, BlackRock's chief investment officer, was among the candidates interviewed for the position. Rieder commented on Warsh's appointment, calling it 'a new era of monetary policy in the United States.'
Supreme Court Stays UGC Equity Regulations Amid Concerns of Misuse and Societal Division
The Supreme Court of India has placed an interim stay on the University Grants Commission (UGC) (Promotion of Equity in Higher Education Institutions) Regulations, 2026, effective January 29, 2026. The court cited concerns that the regulations were "too sweeping" and could lead to societal division, calling for a re-examination. The 2012 UGC Regulations will remain in effect until further orders.
January 2026 — 20 developments
Trump nominates Kevin Warsh as next Federal Reserve chair
President Donald Trump has nominated Kevin Warsh, a former Federal Reserve governor and critic of the central bank, as the next chair of the Federal Reserve, concluding speculation that Rick Rieder was the frontrunner.
Rick Rieder's political donations scrutinized amid Federal Reserve Chair nomination
Rick Rieder is facing scrutiny over his history of political donations to both Trump's rivals and prominent Democrats, which may complicate his nomination for Federal Reserve Chair.
Rick Rieder, Fed Chair Candidate, Supports Bitcoin as Store of Value
Rick Rieder, a candidate for Federal Reserve Chair, has been identified as a vocal supporter of Bitcoin, emphasizing its practicality and potential as a store of value. This stance is seen as potentially beneficial for the cryptocurrency.
Rick Rieder's Fed Chair Candidacy Strengthened by Alignment with Trump on Interest Rates
Rick Rieder's candidacy for Federal Reserve Chair is strengthened by his alignment with the Trump administration's objectives on interest rates and his advocacy for interest rate cuts.
BlackRock's Rick Rieder Finalist for Federal Reserve Chair, Interviews with Trump
BlackRock executive Rick Rieder is a finalist for the U.S. Federal Reserve Chair position, having interviewed with President Trump. Rieder, who leads BlackRock's global fixed-income investments, is noted for his lack of traditional Fed experience, which some view as an advantage. He has expressed expectations for the Fed's benchmark lending rate to drop to 3% from its current 3.5-3.75% range.
Rick Rieder could be first Fed chair without economics training or prior Fed experience
If appointed, Rick Rieder would be the first Federal Reserve chair without formal economics training or prior experience at the Federal Reserve.
Trump calls Rick Rieder 'very impressive,' boosting Fed Chair odds
President Trump publicly described Rick Rieder as "very impressive," which significantly boosted Rieder's odds of being nominated for Federal Reserve Chair. This direct endorsement from the President is a new development in the nomination process.
Treasury Secretary Bessent says Trump could nominate Fed chairman this week
Treasury Secretary Scott Bessent stated that President Trump could nominate the next Federal Reserve chairman as soon as this week.
BlackRock's Rick Rieder manages $2.4 trillion in fixed-income assets
Rick Rieder, a senior executive at BlackRock, manages approximately $2.4 trillion in assets focused on bonds and other fixed-income investments, and has served in advisory positions without holding a public policymaking role.
Rick Rieder leads Federal Reserve Chair prediction markets with 47% probability
On January 26, 2026, Rick Rieder continued to lead prediction markets for Federal Reserve Chair with a 47% probability, with Kevin Warsh trailing at 28% and Christopher Waller and Kevin Hassett also mentioned.
Rick Rieder's Fed Chair Nomination Probability Jumps to 50% on PredictIt
Rick Rieder's likelihood of nomination for Federal Reserve Chair has surged to 50% on PredictIt, making him the most prominent candidate. This represents a significant increase from his 6% probability just a week prior.
Polymarket data shows Rick Rieder's Fed Chair probability rose to 59%
Polymarket data from January 24 indicated Rick Rieder's probability of becoming Federal Reserve Chair had reached 59%, a significant increase from previously reported figures for that day.
Rick Rieder's Polymarket Odds Surge from 6% to 34%
Rick Rieder's odds on Polymarket surged from 6% earlier this week to 34% as of Friday morning.
Rick Rieder's bond market understanding and demographic perspective could stabilize bond market
Rick Rieder's understanding of the bond market and fresh perspective on demographics could stabilize the bond market as Fed Chair. His thesis that lower rates reduce baby boomer spending power challenges conventional policy thinking.
Trump expected to nominate new Federal Reserve Chair within days
President Trump is now anticipated to nominate a new Federal Reserve Chair within days, narrowing the timeline for the decision. Rick Rieder remains a favored candidate in prediction markets.
Trump narrows Federal Reserve chair search to four finalists; Rieder's odds surge
President Trump has reportedly narrowed his search for the next Federal Reserve chair to four finalists. Rick Rieder's nomination odds on Polymarket surged to 47%, while former front-runner Kevin Warsh saw his odds drop.
Rick Rieder's Fed Chair odds surge after Donald Trump's public praise
Following public praise from Donald Trump, Rick Rieder's odds of becoming the next Fed Chair significantly increased on prediction markets like Kalshi and Polymarket. His chances on Polymarket rose to 33.1%-35%, placing him second behind Kevin Warsh.
Rick Rieder interviewed at White House on Fed profitability and monetary policy
Rick Rieder's interview at the White House took place, focusing on topics such as Fed profitability and monetary policy stability. This was reported as the final interview before the president makes his decision.
Rick Rieder interviewed at White House as potential Powell successor
Reports indicated that Rick Rieder was scheduled to be interviewed at the White House as a potential successor to Jerome Powell. He was identified as the fourth and final candidate Trump was expected to interview for the position.
Rick Rieder suggests shift from restrictive monetary policy as inflation subsides
Rick Rieder released a note stating that inflation appeared to be subsiding and that a softening labor market suggested a need to shift away from restrictive monetary policy towards a more balanced approach. These comments align with market expectations for the Fed to begin easing monetary policy.
December 2025 — 1 developments
Rick Reider to interview with President Trump at Mar-a-Lago next week
Rick Reider will interview with President Trump at Mar-a-Lago next week. The Trump Administration has narrowed its list of potential Federal Reserve nominees to include Kevin Warsh, Kevin Hassett, and Rick Rieder from BlackRock.
November 2025 — 1 developments
Trump administration to interview Rick Rieder as potential Powell successor
The Trump administration will interview Rick Rieder as a potential candidate to succeed Powell.
October 2025 — 2 developments
Economists Predict Federal Reserve to Lower Key Interest Rate Twice
Economists predict the Federal Reserve will likely lower its key interest rate by 25 basis points next week and again in December.
Rick Rieder met with Treasury Secretary to discuss Federal Reserve Chair position
Rick Rieder met with Treasury Secretary Scott Bessent to discuss the Federal Reserve Chair position, signaling his serious consideration for the role. Rieder's understanding of macroeconomics and financial markets, along with his call for a significant interest rate cut, aligned with then-President Trump's preferences.
July 2025 — 1 developments
Rick Reider and Warsh Emerge as Front-Runners for Fed Chair
Rick Reider and Warsh are front-runners for Fed Chair. Rick Rieder will be a better independent Fed chair.