fomcwatch

The search for the next leader of the world's most powerful central bank has reached its final countdown. In a series of high-stakes comments made from the sidelines of the World Economic Forum in Davos, President Trump confirmed that the interview process for the next Federal Reserve Chair has concluded, signaling that a formal announcement could arrive as early as next week.
#WhoIsNextFedChair
​While the market has long bet on traditional insiders, a dramatic shift in sentiment has seen a "dark horse" from Wall Street take the lead in a race that will define the global economic trajectory for years to come. #ETHMarketWatch
​Rick Rieder, the Chief Investment Officer of Global Fixed Income at BlackRock, has seen his nomination odds skyrocket. Previously considered a long-shot with just a 3% probability, Rieder’s standing on prediction markets like Polymarket and Kalshi has surged to over 50% following a series of "very impressive" endorsements from the President.
​Trump’s public praise has centered on Rieder’s deep market expertise and his reputation as a "well-known and highly respected" figure in the financial world. Managing approximately $2.4 trillion in assets, Rieder represents a departure from the academic and bureaucratic backgrounds of previous Chairs—a quality that reportedly appeals to a President looking to disrupt the status quo at the Fed. #USIranMarketImpact
​While the field began with several heavyweight contenders, the President hinted that his "shortlist" has narrowed significantly. #GrayscaleBNBETFFiling
Rick Rieder BlackRock Executive Front-runner (~55%)
Kevin Warsh Former Fed Governor Top Contender (~30%)
Christopher Waller Current Fed Governor Strong Insider (~8%) $XRP
Kevin Hassett NEC Director Likely staying at NEC
Kevin Hassett, once the favorite, appears to have moved out of the running for the Chair position as Trump expressed a preference for keeping him in his current role as Director of the National Economic Council. Kevin Warsh, while still a formidable candidate, has seen his lead eclipsed by Rieder’s recent momentum. #FOMCWatch
​The impending transition marks the end of Jerome Powell’s tenure, which officially concludes in May 2026. The relationship between the White House and the current Chair has been famously fraught, with the President repeatedly criticizing Powell for being "too slow" to implement interest rate cuts.
​Treasury Secretary Scott Bessent has played a pivotal role in the vetting process, emphasizing the need for a Chair who can balance institutional stability with a more "innovative" approach to the Fed’s balance sheet.
​"I’d say we’re down to three, but we’re down to two. And I probably can tell you we’re down to maybe one, in my mind." — President Trump on the selection process. $BNB
$ETH ​The potential appointment of a Wall Street veteran like Rieder suggests a Federal Reserve that may be more attuned to real-time market signals than lagging economic data. Investors are bracing for a potential shift toward more aggressive monetary easing, a move the President has long championed to fuel domestic growth.
​With the "countdown stage" now in effect, the financial world awaits the final confirmation. Whether Trump chooses the institutional experience of Warsh or the market-driven approach of Rieder, the decision will undoubtedly send shockwaves through the global economy.