According to PolyBeats monitoring, on the prediction market Polymarket, three suspicious accounts have bet $3500 at 4~5¢ that Trump will appoint Rick Rieder as the Fed Chair. Rick Rieder was added to the market on August 13 last year, and the current probability for this event is 7%. These three accounts are also among the top 20 Yes holders in this market.
On January 8, Trump mentioned in an interview with The New York Times that he has made a decision but has not yet disclosed his pick. He spoke positively about Kevin Hassett, calling him "undoubtedly one of my favorite choices." Rick Rieder, the Chief Investment Officer (CIO) of Fixed Income at BlackRock overseeing trillions in bonds and macro assets, recently met with Trump. However, Rick Rieder lacks a Fed background, and appointing him as Fed Chair would face significant political pressure.
Accounts:
0x0222f6e7109e8be94ffe2582917dced224dd7f38
0x94885a3566cd74f28e0346f22a4bf002046ad531
0xfa87a158110370eb6dbe678843c055a6b144c2a0
Total Open Interest: $31k
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