Rick Santelli, a mainstay of financial cable television, has announced his retirement from CNBC.
He will be taking his leave on October 2, an announcement made with great sorrow by his colleague who had nothing but good things to say about his work.
Watch:
Damn I cannot believe the GOAT is retiring. There’s nobody like him…he’s the only real asset CNBC has had. Long live the king! 👑 https://t.co/hvGVfY90wI pic.twitter.com/1uXHulUjlD
— Nicholas Mugalli (@RealNickMugalli) September 5, 2026
Considered the man who sparked the Tea Party movement during former President Barack Obama’s administration, some of Santelli’s best moments were candid callouts of the powers that be.
Watch:
Financial cable television fixture Rick Santelli announced today that he is retiring from CNBC after 27 years.
Santelli is the highly informed and highly frenetic presence on the Chicago trading floor explaining bond yields, Fed decisions and economic reports.
In 2009, he went… pic.twitter.com/9inptn5KZv
— Adam Waller (@adamdigital) September 4, 2026
His reaction to Obama’s mortgage relief plan shot him straight into the headlines and prompted a national movement.
“This is America. How many of you people want to pay for your neighbor’s mortgage, that has an extra mortgage and can’t pay their bills? Raise their hand,” he shouted on the Chicago trading floor, to boos from the surrounding traders. “President Obama, are you listening?”
“How about we all stop paying our mortgage? It’s a moral hazard,” one of the other traders chimed in.
Santelli suggested a “Chicago Tea Party” in retaliation, but when the clip went viral, protests popped up around the country as Americans rejected how their tax dollars were being used.
More recently, he took on COVID shutdowns:
This is my absolute favorite CNBC moment of all time. He never gave a shit even when it wasn’t popular…
Absolute legend! Happy retirement .@RickSantelli 🐐 pic.twitter.com/Im2HpmnpBN https://t.co/XlYssrwE62
— Nicholas Mugalli (@RealNickMugalli) September 5, 2026
“You can’t tell me that shutting down, which is the easiest answer, is the only answer,” he shouted in 2020, adding “IT’S NOT SCIENCE” when host Andrew Sorkin tried to push the masking narrative that had been like gospel to the left.
“500 people in a Lowe’s aren’t any safer than 150 people in a restaurant that holds 600. I don’t believe it!” he screamed, rejecting the “science” that we now know was bunk.
X users reacted to the announcement:
Rick had strong opinions. He was in the pits where trades , money and guts made the World Go Round. I will miss him.
— Dean Kolner (@DeanKolner) September 4, 2026
Say it ain’t so! My absolute favorite! Puts the Fed sycophant Lies-man back in the box. Whatever CNBC paid him…it wasn’t enough.
Hope they don’t get another milk toast liberal, news media schmuck who knows nothing about business or economics. Unbearable.— Tom Hawk (@Quantimer1) September 5, 2026
He and Dylan Ratigan and maybe a couple others made the network watchable. I loved his rants about moral hazard. Also first person I heard say the term ‘Quantitative Easing’. He knew his stuff and what was really happening.
— MikeRo (@ForceEquality6) September 4, 2026
Oh man! Enjoy retirement @RickSantelli. You will be missed!
— Syco (@twitchy_bro) September 5, 2026
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