Rick Rieder: The Bitcoin-Friendly Frontrunner for Next Fed Chair
It’s often been said that Donald Trump runs his White House like a reality TV competition — and the current race to find the next Federal Reserve chair provides a perfect illustration of that. Last year, five “finalists” were revealed by Treasury Secretary Scott Bessent. As we reported at the time, all of them are pro-Bitcoin, and many hold the view that interest rates should be much lower than they currently are. That would immensely please the president, who has been fiercely critical of Jerome Powell ...