BlockBeats News, January 30th: According to sources familiar with the matter, Trump met with the current top candidate for the new Fed chair and former Fed governor Kevin Warsh at the White House on Thursday.
After Trump announced that he would reveal the final Fed chair nominee tonight Beijing time, the nomination probabilities of the candidates experienced a dramatic reversal. The nomination probability of the previous frontrunner, Rick Rieder, Chief Investment Officer of BlackRock Global Income, plummeted from a peak of over 60% to 11%, while Kevin Warsh’s nomination probability surged to 81%.
