BlackRock’s Rick Rieder gains traction as a potential Federal Reserve chair after praise from President Trump. Trump calls Rieder “very impressive” and hints at nearing a decision. Traders increase odds for Rieder to 33%, while former Fed Governor Kevin Warsh leads at 45%. Treasury Secretary Bessent expects announcement next week.

Read more at CNBC: Rieder odds rising for Fed chair after Trump calls BlackRock executive ‘very impressive’