Trump Set to Interview BlackRock’s Rick Rieder for Federal Reserve Chair Role
QI Research CEO and chief strategist Danielle DiMartino Booth discusses economic growth during decreasing job growth on ‘Making Money.’
Exclusive: President Donald Trump is set to interview Rick Rieder, BlackRock’s chief investment officer of global fixed income, this week as a potential candidate for the next chairman of the Federal Reserve, according to administration sources speaking to FOX Business.
The interview with Rieder is scheduled for Thursday at the White House and will include key figures such as Trump, chief of staff Susie Wiles, Treasury Secretary Scott Bessent, and deputy chief of staff Dan Scavino.
This marks the fourth and final interview for candidates vying to replace Federal Reserve Chairman Jerome Powell, whose term concludes on May 15. Powell was nominated by Trump in 2017 and confirmed in 2018.
POWELL DECLINES TO WEIGH IN ON POTENTIAL SUCCESSORS AS TRUMP EYES NEXT FED CHAIR
Federal Reserve Chairman Jerome Powell’s term as Fed chief ends on May 15. (Sha Hanting/China News Service/VCG via Getty Images)
In addition to Rieder, other finalists for the position include former Federal Reserve Board Governor Kevin Warsh, National Economic Council Director Kevin Hassett, and Federal Reserve Board Governor Christopher Waller.
Rick Rieder, BlackRock’s chief investment officer of global fixed income.
Trump has indicated that he will announce his selection in January. If he chooses someone not currently on the Federal Reserve Board of Governors, that individual will need to fill an open seat.
FROM MORTGAGES TO CAR LOANS: HOW AFFORDABILITY RISES AND FALLS WITH THE FED
Fed Governor Stephen Miran’s term is set to expire on January 31, providing the president with an opportunity to make a selection. Miran, who was sworn in last September, took over the seat vacated by Adriana Kugler after her resignation. He has been vocal about the need for more aggressive interest rate cuts.
Stephen Miran, chairman of the Council of Economic Advisers, following a television interview outside the White House in Washington, D.C., on Tuesday, June 17, 2025. (Getty Images / Getty Images)
“I think policy is clearly restrictive and holding the economy back,” Miran stated during an interview on FOX Business’ “Mornings with Maria” last week. “I think that well over 100 basis points of cuts are going to be justified this year,” he added.
CLICK HERE TO GET FOX BUSINESS ON THE GO
If Trump opts for Waller, he could still appoint another individual when the seat becomes available.
QI Research CEO and chief strategist Danielle DiMartino Booth discusses economic growth during decreasing job growth on ‘Making Money.’
Exclusive: President Donald Trump is set to interview Rick Rieder, BlackRock’s chief investment officer of global fixed income, this week as a potential candidate for the next chairman of the Federal Reserve, according to administration sources speaking to FOX Business.
The interview with Rieder is scheduled for Thursday at the White House and will include key figures such as Trump, chief of staff Susie Wiles, Treasury Secretary Scott Bessent, and deputy chief of staff Dan Scavino.
This marks the fourth and final interview for candidates vying to replace Federal Reserve Chairman Jerome Powell, whose term concludes on May 15. Powell was nominated by Trump in 2017 and confirmed in 2018.
POWELL DECLINES TO WEIGH IN ON POTENTIAL SUCCESSORS AS TRUMP EYES NEXT FED CHAIR
Federal Reserve Chairman Jerome Powell’s term as Fed chief ends on May 15. (Sha Hanting/China News Service/VCG via Getty Images)
In addition to Rieder, other finalists for the position include former Federal Reserve Board Governor Kevin Warsh, National Economic Council Director Kevin Hassett, and Federal Reserve Board Governor Christopher Waller.
Rick Rieder, BlackRock’s chief investment officer of global fixed income.
Trump has indicated that he will announce his selection in January. If he chooses someone not currently on the Federal Reserve Board of Governors, that individual will need to fill an open seat.
FROM MORTGAGES TO CAR LOANS: HOW AFFORDABILITY RISES AND FALLS WITH THE FED
Fed Governor Stephen Miran’s term is set to expire on January 31, providing the president with an opportunity to make a selection. Miran, who was sworn in last September, took over the seat vacated by Adriana Kugler after her resignation. He has been vocal about the need for more aggressive interest rate cuts.
Stephen Miran, chairman of the Council of Economic Advisers, following a television interview outside the White House in Washington, D.C., on Tuesday, June 17, 2025. (Getty Images / Getty Images)
“I think policy is clearly restrictive and holding the economy back,” Miran stated during an interview on FOX Business’ “Mornings with Maria” last week. “I think that well over 100 basis points of cuts are going to be justified this year,” he added.
CLICK HERE TO GET FOX BUSINESS ON THE GO
If Trump opts for Waller, he could still appoint another individual when the seat becomes available.
