END OF AN ERA: Rick Santelli, the CNBC Reporter Credited With Kicking Off the Tea Party Movement is Retiring – Watch His Famous Rant (VIDEO)

CNBC economic-indicators analyst Rick Santelli plans to retire on October 2nd. Santelli, who joined CNBC in 1999, is best known for his 2009 on-air rant against the Obama administration’s housing bailout plans, which is widely considered the catalyst for the Tea Party movement. He provided passionate, plain-spoken analysis from the Chicago Board of Trade, drawing on his extensive trading experience.

• Rick Santelli, a longtime CNBC economic-indicators analyst, is retiring on October 2.
• He is best known for a 2009 on-air rant criticizing the Obama administration’s housing bailout, which is credited with initiating the Tea Party Movement.
• Santelli joined CNBC in 1999 and primarily reported from the Chicago Board of Trade, analyzing economic statistics.
• His reporting was noted for its plain-spoken and passionate delivery, focusing on the impact of federal policy on average Americans.
• Santelli possessed significant experience in trading financial markets, including options and futures.