A New Account Bets $40,000 on Rick Rieder as Next Fed Chair
2026-01-20 02:55
Odaily News A newly created account has continuously increased its bet on Rick Rieder becoming the next Federal Reserve Chair over the past six hours, at prices ranging from 15 to 18 cents. The account's total bet currently stands at $40,000, with an average cost of 14 cents, implying a 16% probability of Rick Rieder winning. Rick Rieder previously interviewed with Donald Trump, and there are reports suggesting he might face easier confirmation through Congress. He currently ranks second in probability.
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