Key Points Rick Rieder favors aggressive rate cuts, which could drive gold higher. Rieder says to allocate some of your portfolio to Bitcoin. These 10 stocks could mint the next wave of millionaires › There's a new candidate to replace Federal Reserve Chairman Jerome Powell when his term ends in May 2026. In mid-September, Rick Rieder, chief investment officer of global fixed income at BlackRock, the world's largest asset management company, met with Treasury Secretary Scott Bessent to discuss the ...