BlackRock executive Rick Rieder has risen to the top of prediction markets.
Federal Reserve Chairman Jerome Powell speaks at a news conference following the Federal Open Market Committee meeting in Washington on Oct. 29, 2025. Madalina Kilroy/The Epoch Times
President Donald Trump said on Jan. 29 that he would announce his pick to lead the Federal Reserve on Friday.
He moved up his planned announcement after saying earlier in the day that he would reveal his pick to succeed Jerome Powell as chair of the Federal Reserve next week.
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
