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Four-person shortlist for Federal Reserve Chair emerges, Trump to make final decision in January

Summary: According to reports, US President Trump will interview Rick Rieder, Chief Investment Officer of BlackRock Global Fixed Income, this week to consider him as a potential candidate for the next Federal Reserve Chair. This will be the fourth and final interview for candidates to succeed current Federal Reserve Chair Powell. In addition to Rieder, the ...

According to reports, US President Trump will interview Rick Rieder, Chief Investment Officer of BlackRock Global Fixed Income, this week to consider him as a potential candidate for the next Federal Reserve Chair. This will be the fourth and final interview for candidates to succeed current Federal Reserve Chair Powell. In addition to Rieder, the final shortlist includes former Federal Reserve Governor Kevin Warsh, National Economic Council Director Kevin Hassett, and Federal Reserve Governor Christopher Waller. Federal Reserve Governor Bowman is no longer a candidate for the position. Trump stated that he will make the final decision in January. If Trump selects a candidate who is not currently a member of the Federal Reserve Board, that person must first be confirmed by the Board.

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