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Trump Eyes Wall Street's Rieder for Top Fed Job
BlackRock executive Rick Rieder’s recent meeting with President Donald Trump has ignited speculation that the bond market heavyweight is a serious contender to become the next chair of the Federal Reserve. The meeting immediately raises the profile of Rieder, who serves as BlackRock's chief investment officer for global fixed income. Over the last decade, this role has made him one of the most powerful voices in global bond markets. While he lacks direct experience within the Fed or in a government policy position, his opinions on monetary policy are closely monitored by investors and officials. Rieder's Case for ... (full story)