Rick Rieder Favored as Next Fed Chair by Trump
- Rick Rieder leads Fed Chair race under President Trump’s consideration.
- 43% probability on Polymarket.
- Affects interest rates, market dynamics significantly.
Rick Rieder has emerged as a leading candidate for Federal Reserve Chair, with his probability rising to 43% as of January 23, 2026, according to Polymarket.
His potential nomination could influence cryptocurrency markets, notably BTC and ETH, through expected lower interest rates impacting economic activity and asset valuations.
Main Content
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In a significant shift, BlackRock’s Chief Investment Officer Rick Rieder has emerged as the leading candidate for the Federal Reserve Chair. As of January 23, 2026, Rieder’s odds on Polymarket rose from 3% to 43%.
Nut Graph
President Trump reportedly favors Rick Rieder for the role, raising his ranking above Kevin Warsh and Chris Waller. The President described Rieder as very impressive, boosting his candidacy for the position.
Market Influence
Rieder’s potential appointment as Fed Chair could drastically influence financial markets. His known advocacy for lowering the federal funds rate may spur changes, affecting crypto assets like BTC and ETH.
“I believe lowering the federal funds rate to around 3% can significantly reduce mortgage rates, allowing for greater labor mobility and unlocking housing value.” — Rick Rieder, Chief Investment Officer, BlackRock
The move may lower mortgage rates and enhance sectorial dynamics in housing and finance. Financial experts observe a strong correlation between Fed policy and economic behaviors.
Historical Context
Historically, a BlackRock CIO like Rick Rieder leading the Fed is unprecedented. Current board members like Waller typically fill the role, challenging traditional expectations.
Rieder’s stance on rate adjustments and potential yield curve control could reshape fiscal strategies. Market participants predict increased economic activity due to these proposed changes.
