BlockBeats news, on January 24, 'BTC OG insider whale' agent Garrett Jin posted on social media that the probability of BlackRock executive Rick Rieder becoming the next chairman of the Federal Reserve has risen to 59.9%, clearly ahead of Kevin Warsh (22%). Trump has completed the interview and has selected his preferred candidate. Rick Rieder left a deep impression on Trump with his calm demeanor as a central bank president and bold Federal Reserve reform ideas. The announcement of the candidate could come as early as next week.
If Rick Rieder is elected, there will be two major benefits: first, the RWA access process will proceed more smoothly, regulatory friction will decrease, and institutional capital inflow will accelerate; second, the stability of U.S. Treasury bonds and the bond market will be enhanced, improving the efficiency of Treasury issuance and the repair of balance sheets, aligning with the current government's policy orientation. Rick Rieder's leadership at the Federal Reserve is a huge advantage for RWA and ETH, and the RWA narrative is expected to gain further momentum.
