Odaily Planet Daily News: Garrett Jin, agent of the "1011 Insider Whale," posted on the X platform that the probability of BlackRock executive Rick Rieder becoming the next Federal Reserve Chair has risen to 59.9%, significantly ahead of Kevin Warsh (22%). It is reported that Trump has completed the interviews and has a clear preference. Rick Rieder has been recognized for his central bank-level steady demeanor and bold reform proposals for the Federal Reserve. The result could be announced as early as next week. If elected, there will be two major benefits: first, the on-chain progress of RWA (Real-World Assets) will be smoother, with reduced regulatory friction and faster institutional capital inflows; second, the stability of U.S. Treasury and bond markets will be enhanced, improving the efficiency of government bond issuance and the balance sheet repair process, aligning with the current administration's policy direction. Market observers believe that Rick Rieder leading the Federal Reserve would be a major positive for RWA and ETH, potentially further boosting the RWA narrative.
Rick Rieder's Potential Bid for Fed Chair Viewed Positively for ETH and RWA
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Summary
Rick Rieder, a senior official at BlackRock, has a 59.9% chance of becoming the next Federal Reserve Chair, according to Garrett Jin from 1011内幕巨鲸. Rieder's reformist stance and experience in central banking could ease regulatory pressure, potentially boosting RWA and ETH. Improved bond stability, liquidity, and crypto markets may follow. Analysts view this as a significant win for crypto narratives. Additionally, BTC could gain more traction as an inflation hedge if Rieder's inflation-focused policies take shape.
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