There are five candidates being considered for the next Federal Reserve chair when Jerome Powell’s term ends in May 2026, according to a shortlist kept by Treasury Secretary Scott Bessent. BlackRock’s (BLK) head of fixed income, Rick Rieder, is one of them.
Yahoo Finance Fed Correspondent Jennifer Schonberger outlines key information to know about Rieder.
For more, check out Jennifer Schonberger’s profiles of the other four shortlist candidates: Fed chair frontrunner Kevin Hassett, former Fed Governor Kevin Warsh, current Fed Governor Chris Waller, and Fed Vice Chair of Supervision Michelle Bowman.
Make sure to also watch Jen’s interview with Hassett and Yahoo Finance anchor Julie Hyman’s interview with Rieder.
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