"1011 Insider Whale" Agent: If Rick Rieder is elected as Fed Chairman, it will be positive for ETH and RWA

"1011 Insider Whale" agent Garrett Jin posted on the X platform, stating that the probability of BlackRock executive Rick Rieder becoming the next Federal Reserve Chair has risen to 59.9%, significantly ahead of Kevin Warsh (22%). It is reported that Trump has completed the interview and has a clear preference. Rick Rieder is recognized for his central bank-level composure and bold Federal Reserve reform ideas, with results expected to be announced as soon as next week.

If elected, there will be two major benefits: first, the promotion of RWA on-chain will proceed more smoothly, with reduced regulatory friction and accelerated institutional capital inflow; second, the stability of U.S. Treasuries and the bond market will be enhanced, improving the efficiency of Treasury issuance and aiding in balance sheet recovery, aligning with the current government's policy orientation. Market views suggest that Rick Rieder leading the Federal Reserve would be a huge positive for RWA and ETH, with the RWA narrative expected to gain further momentum.