Two Senior Administration Officials tell FBN that people in the room for the Fed Chair interview with Rick Rieder felt that him having no prior experience at the Fed is viewed "as a big positive"
The suggestion that Rick Rieder's lack of prior Federal Reserve experience is seen as a positive may indicate a potential shift in the Fed's leadership approach, focusing on fresh perspectives rather than conventional wisdom.
Ontario's Premier says China and Canada EV agreement will hurt workers
Daily US Equity Opening News - MU gains after insider buy; PNC tops earnings expectations; RF downgraded after guidance miss
Two Senior Administration Officials tell FBN that people in the room for the Fed Chair interview with Rick Rieder felt that him having no prior experience at the Fed is viewed "as a big positive"
Tesla (TSLA) gets 5-wk extension in US probe of FSD traffic violations
Southbound ship traffic in Turkey’s Dardanelles Strait has been suspended following a ship engine failure, according to a shipping agent
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
- In the room for the meeting was President Trump, Vice President Vance, Sec Scott Bessent, Chief of Staff Susie Wiles, and Deputy Chief of Staff Dan Scavino.
- The final list of candidates is: Kevin Warsh, Kevin Hassett, Christopher Waller, and Rick Rieder
- Rieder is the only person on the finalists list that has no previous Federal Reserve Experience.
This could imply a more market-responsive and innovative policy stance, which may influence investor expectations for future rate decisions. Keep an eye on the USD and yield curves as markets digest the implications of this potential nomination.
Related headlines
- US EQUITY OPEN: US indices reverse initial CPI losses2 days ago
- Newsquawk US Market Wrap: Markets chop, and yields flatten after hot core CPI boosts Fed rate hike bets1 day ago
- US President Trump reiterates USD 5k payment to all US adults will happen 1 day ago
- CRUDE WRAP: WTI (V6) SETTLES USD 2.43 LOWER AT 100.05/BBL; BRENT (X6) SETTLES USD 3.02 LOWER AT 104.61/BBL1 day ago
- Saudi Crown Prince MBS has personally urged President Trump to launch military strikes against Houthi forces in Yemen amid their rapid advance along the Red Sea coast, reports to CBS citing sources2 days ago
- US President Trump reiterates that Iran will never possess a nuclear weapon2 days ago
- Trump removes 50% tariff on bulk Canadian whisky and liquers, effective September 15th2 days ago
- Fed court reportedly blocks Trump order to keep Michigan coal plant open2 days ago
- Newsquawk European Market Wrap - 11th September 20262 days ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 8 TICKS LOWER AT 106-03+1 day ago
- Saudi Arabia has signaled a potential willingness to launch a major unilateral military operation against the Houthis, though Riyadh has not yet reached a final decision, according to ABC1 day ago
- A high-ranking Iranian security and political source told Al Mayadeen that contrary to claims and intimidation tactics, US President Trump is seeking to return to negotiations with Iran2 days ago
- Russian senior diplomat Ushakov says President Putin and Indian PM Modi discussed Ukraine during talks in New Delhi2 days ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan1 day ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan2 days ago
- Germany is developing a pharmaceutical pricing proposal for the Trump administration in an effort to avert potential US tariffs on German goods, reports Politico citing sources2 days ago
- US FX WRAP: Dollar sees two-way action, but initially firms on hotter-than-expected core M/M print1 day ago
- JPMorgan revises Fed forecast and now sees hikes in September and December1 day ago
- [MARKET UPDATE] Action seen after US CPI has reversed, with XAU above pre-data levels, USD under pressure while fixed income and equity futures have entirely reversed the move and are extending to the upside2 days ago
- Google (GOOGL) just completed its USD 1.5bln-plus deal for AI startup Mechanize, reports Business Insider1 day ago
The whole workspace, free to try.
Try it free