Trump to Announce Fed Chair Nominee on Friday Morning
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 30 2026
0mins
Source: aastocks
Trump's Announcement: US President Donald Trump is set to announce his nominee for the Federal Reserve Chair on Friday morning, according to foreign reports.
Front-Runners for Chair Position: Rick Rieder from BlackRock and former Fed Governor Kevin Warsh are leading candidates, with a 35% and 33% chance of being appointed, respectively, as per Polymarket predictions.
Factory Orders Data: The US factory orders for November increased by 2.7%, surpassing the previous month's decline of -1.3% and exceeding the forecast of 1.6%.
Market Context: The news comes amidst ongoing discussions about economic indicators and their impact on financial markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
