- BlackRock fixed-income CIO Rick Rieder has emerged as a serious contender to replace Jerome Powell as Fed chair, per Bloomberg.
- Polymarket odds for Rieder rose to 35% from 6% earlier this week, while Kevin Warsh fell to 41% from nearly 60%.
- Rieder is on a four-person shortlist that also includes Kevin Hassett, Chris Waller, and Kevin Warsh.
https://bitbo.io/news/rieder-gains-ground-fed-chair/
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