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Seoul Economic Daily
Korea's Business Authority Since 1960

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BlackRock CIO Rick Rieder has emerged as a top candidate for Fed chair, with his odds surging to 47% on Polymarket while Kevin Warsh's chances dropped to 35%.

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BlackRock CIO Rick Rieder Emerges as Top Fed Chair Candidate

https://en.sedaily.com/international/2026/01/25/blackrock-cio-rick-rieder-emerges-as-top-fed-chair-candidate

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BlackRock CIO Rick Rieder Emerges as Top Fed Chair Candidate - Seoul Economic Daily

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SEDAILY.COM

Korea's first economic newspaper, established in 1960. Providing comprehensive coverage of Korean business, finance, technology, and economic news.

Seoul Economic Daily

Korea's leading economic newspaper providing business news, stock market updates, and financial analysis in English.

FederalReserve

RickRieder

BlackRock

Rick Rieder, chief investment officer of fixed income at BlackRock, the world's largest asset manager, has emerged as a leading candidate for the next Federal Reserve chair, with a decision expected as early as this week.

According to the Financial Times on Monday, Rieder's odds of being nominated as Fed chair on the prediction market Polymarket surged from 6% earlier this week to 47% as of the previous day. Kevin Warsh, a former Fed governor who had been considered a front-runner, saw his nomination odds drop from 64% to 35% over the same period.

Rieder's rise comes amid growing concerns that the Fed's independence could be undermined if President Trump appoints one of his close allies as chair.

Rieder is classified as a pure market veteran rather than a traditional central bank or government official. He has overseen $2.4 trillion in fixed income investment strategy at BlackRock. After working at Lehman Brothers for about 20 years, he founded and ran R3 Capital Partners before joining BlackRock in 2009 when the firm acquired his company.

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