{"id":53049,"date":"2025-09-12T14:38:35","date_gmt":"2025-09-12T18:38:35","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/blackrocks-rieder-climbs-ranks-for-fed-chair-via-transportation-debuts-on-nyse-and-trump-dines-with-qatari-pm\/53049\/"},"modified":"2025-09-12T14:38:35","modified_gmt":"2025-09-12T18:38:35","slug":"blackrocks-rieder-climbs-ranks-for-fed-chair-via-transportation-debuts-on-nyse-and-trump-dines-with-qatari-pm","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/blackrocks-rieder-climbs-ranks-for-fed-chair-via-transportation-debuts-on-nyse-and-trump-dines-with-qatari-pm\/53049\/","title":{"rendered":"BlackRock&#8217;s Rieder Climbs Ranks for Fed Chair, Via Transportation Debuts on NYSE, and Trump Dines with Qatari PM"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>BlackRock&#39;s Rick Rieder<\/strong> is reportedly a leading contender for the role of <strong>Federal Reserve Chair<\/strong>, with Treasury Secretary Scott Bessent having interviewed him as part of a selection process involving at least 11 candidates.<\/li>\n<li><strong>Via Transportation (<a href=\"\/stock\/VIA\">VIA<\/a>)<\/strong> made its <strong><a href=\"https:\/\/stockmarketwatch.com\/exchanges\/nyse\/today\" data-internallinksmanager029f6b8e52c=\"2\" title=\"NYSE Today\">NYSE<\/a> debut<\/strong> today, with shares opening at <strong>$44<\/strong>, below its initial public offering (IPO) price of <strong>$46<\/strong> per share.<\/li>\n<li><strong>President Donald Trump<\/strong> is scheduled to dine with the <strong>Qatari Prime Minister<\/strong> and Envoy Witkoff on Friday, marking a significant diplomatic engagement [cite: original_4, original_5].<\/li>\n<\/ul>\n<p>In a busy day across financial markets and political circles, <strong>BlackRock&#39;s (<a href=\"\/stock\/BLK\">BLK<\/a>) Rick Rieder<\/strong> has emerged as a prominent candidate for the next <strong>Federal Reserve Chair<\/strong>, while <strong>Via Transportation (<a href=\"\/stock\/VIA\">VIA<\/a>)<\/strong> saw a lukewarm market debut. Meanwhile, <strong>President Donald Trump<\/strong> is set to engage in high-level diplomacy with the <strong>Qatari Prime Minister<\/strong>.<\/p>\n<h2>Fed Chair Race Heats Up with Rieder in Focus<\/h2>\n<p><strong>Rick Rieder<\/strong>, Chief Investment Officer of Global Fixed Income at <strong>BlackRock (<a href=\"\/stock\/BLK\">BLK<\/a>)<\/strong>, is reportedly climbing the ranks of contenders for the coveted position of <strong>Federal Reserve Chair<\/strong> [cite: original_1, original_2, 3, 9, 11]. Treasury Secretary <strong>Scott Bessent<\/strong> has been actively interviewing candidates for the role, with Rieder among the four individuals Bessent has already met with out of a broader list of at least 11 potential options [cite: original_1, original_3, 3, 14, 18, 24]. Bessent&#39;s interviews began on Friday, September 12, 2025 [cite: original_1, 18, 23].<\/p>\n<p>Rieder has previously expressed views on monetary policy, including support for interest rate cuts, a stance that aligns with President Trump&#39;s past criticisms of the Fed&#39;s rate decisions. Other candidates reportedly under consideration include current Fed officials and former economic advisors. The selection process is being carefully managed by Bessent, who aims to present a shortlist to President Trump.<\/p>\n<h2>Via Transportation Makes NYSE Debut Below IPO Price<\/h2>\n<p><strong>Via Transportation Inc. (<a href=\"\/stock\/VIA\">VIA<\/a>)<\/strong>, a technology provider for public transit networks, commenced trading on the <strong>New York Stock Exchange (NYSE)<\/strong> today, September 12, 2025 [cite: original_6, 2, 6, 8]. The company&#39;s shares opened at <strong>$44<\/strong>, falling below its initial public offering (IPO) price of <strong>$46<\/strong> per share [cite: original_6, 2, 4, 8].<\/p>\n<p>The IPO involved the offering of 10,714,285 shares of Class A common stock, raising approximately <strong>$492.9 million<\/strong> in gross proceeds. The offering was priced at the higher end of its previously marketed range of $40.00 to $44.00 per share. The closing of the offering is anticipated on September 15, 2025, subject to customary conditions.<\/p>\n<h2>President Trump Engages in Diplomacy with Qatari Prime Minister<\/h2>\n<p><strong>President Donald Trump<\/strong> is scheduled to have dinner on Friday with the <strong>Qatari Prime Minister, Sheikh Mohammed bin Abdulrahman Al Thani<\/strong>, and Envoy Steve Witkoff [cite: original_4, original_5]. The meeting, reported via a pool report, underscores ongoing diplomatic engagements. This dinner follows a period of active discussions within the administration on various international and domestic fronts [cite: original_4, original_5].<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways BlackRock&#39;s Rick Rieder is reportedly a leading contender for the role of Federal Reserve Chair, with Treasury Secretary [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[8720,96,10623,486,10624,1841,4147,4335,4824,4945,5471,8718],"class_list":["post-53049","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-rick-rieder","tag-nyse","tag-via-transportation","tag-blk","tag-qatari-prime-minister","tag-via","tag-ipo","tag-donald-trump","tag-geopolitics","tag-monetary-policy","tag-blackrock","tag-fed-chair"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/53049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=53049"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/53049\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=53049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=53049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=53049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}