Kalshi Bets Elevate BlackRock’s Rick Rieder to Front-Runner for Fed Chair
A prediction market now places Rick Rieder, BlackRock’s chief bond investment officer, as the leading candidate to replace Jerome Powell as Federal Reserve chair in May. Kalshi users assign Rieder a 48% probability, with former Fed governor Kevin Warsh at 31% and current governor Christopher Waller at 8%. The market shift comes as political pressur…