End of an Era at CNBC: Iconic Markets Veteran Rick Santelli Retires After 27 Years

CNBC Markets Legend Rick Santelli Announces Retirement After More Than 27 Years

the staff of the Ridgewood blog

Wall Street NY, on of the last defining voices from when there was such a thing as ” financial journalism” is stepping back from full-time reporting. Veteran CNBC markets correspondent Rick Santelli, known for his spirited trading floor reports , bucking the Covid lock downs , stuck on stupid socialism and direct economic commentary, is retiring from his full-time position after more than 27 years with the network.

His final full-time broadcast will take place on October 2, as announced on CNBC’s Squawk Box. However, viewers haven’t seen the last of him—Santelli plans to transition into a contributor role following his official departure.

A Defining Legacy on the Trading Floor

Santelli first made his appearance on CNBC as a guest in 1994 before officially joining the network in 1999. Reporting primarily from the trading floor in Chicago, he became an indispensable fixture of CNBC’s financial coverage, specializing in:

• Financial market analysis

• Federal Reserve interest rate decisions

• Major U.S. economic and employment reports

Known for his willingness to challenge conventional financial narratives and engage in passionate debates, Santelli became one of the most recognizable personalities in business television.

Honoring More Than Two Decades of Financial Journalism

In an internal staff memo, CNBC Editor-in-Chief David Cho commended Santelli’s signature style and lasting impact on the network:

“Rick’s passion and personality have led to countless memorable exchanges. Whatever the subject, Rick has always approached it with the same energy, authenticity and willingness to challenge conventional thinking that have made him such a distinctive presence on CNBC.”

While his daily broadcasts from Chicago will draw to a close this October, Santelli’s continued presence as a network contributor ensures his insights will remain part of CNBC’s ongoing market coverage.

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Tags: CNBC Rick Santelli Financial News Stock Market Trading Floor Squawk Box Media News Business Journalism