BlackRock's Rieder the latest candidate to interview in Fed chair search

Group 1 - BlackRock's Rick Rieder is a leading candidate for the next Federal Reserve chair, as the White House continues its search [1][2] - Rieder recently interviewed with Treasury Secretary Scott Bessent, who is focused on finding a successor to Jerome Powell and desires fundamental changes in the Fed's operations [2][3] - The discussion with Rieder included topics on monetary policy and structural issues within the central bank, indicating a shift from traditional approaches [3] Group 2 - The current administration has a list of 11 candidates for the Fed chair position, which includes various past and present officials, strategists, and economists [4] - The upcoming Fed meeting is anticipated to result in the first interest rate cut since December 2024, although Trump is advocating for larger cuts to alleviate pressure on the housing market and government borrowing costs [5]