Rick Rieder supports Bitcoin as Trump's Fed candidate.

Jerome Powell's Term Is Coming to an End

Federal Reserve Chairman Jerome Powell’s term will end in May. This situation has led to various speculations about who might succeed Powell. According to online betting data, Rick Rieder from BlackRock is emerging as a likely candidate to become the new Fed chairman, as appointed by former President Donald Trump.

Bitcoin May Become the New Gold

Rick Rieder, as a high-profile figure in the finance world, frequently discusses the benefits of Bitcoin. Rieder has stated that Bitcoin could replace gold, drawing on a perspective extending back to 2020. This view indicates the potential for Bitcoin's value to increase and has become an important subject of consideration for investors.