Posted on 08/03/2020 12:03:35 PM PDT by John W
WASHINGTON — President Donald Trump said Monday that he had fired the chair of the Tennessee Valley Authority, saying the executive was getting paid too much and was hiring foreign workers.
Trump told reporters at the White House that he was formally removing the authority’s chair of the board and another member of the board, and he threatened to remove other board members if they keep hiring foreign labor.
The TVA is a federally owned corporation created in 1933 to provide flood control, electricity generation, fertilizer manufacturing and economic development to the Tennessee Valley, a region that was hard hit by the Great Depression. The region covers most of Tennessee and parts of Alabama, Mississippi and Kentucky as well as small sections of Georgia, North Carolina and Virginia.
He said the TVA board must immediately hire a new chief executive officer who “puts the interests of Americans first.” According to Trump, the CEO earns $8 million a year.
“The new CEO must be paid no more than $500,000 a year,” Trump said. “We want the TVA to take action on this immediately. ... Let this serve as a warning to any federally appointed board: If you betray American workers, you will hear two words: ‘You’re fired.’”
(Excerpt) Read more at nbcnews.com ...
PRESIDENT TRUMP IS A BRILLIANT ADMINISTRATOR.............
“We want the TVA to take action on this immediately. ... Let this serve as a warning to any federally appointed board: If you betray American workers, you will hear two words: ‘You’re fired.’”
...WINNING X 2!!
Bump
HOORAY Chief. Thank you, sir.
Damn.....lol...good move
Good move. The right thing to do.
There. Now....
Tony Fauci has cost a whole helluva lot more people their jobs than this guy ever did. Are you finally going to FIRE him too?
Go Trump!
He now needs to investigate PGE, a power company. They are a total rip-off.
NICE!
Seriously, half a mil per year salary for a government desk job?
What are we up to 27 trillion now?
8 mil to run a government utility. This is outrageous and other agencies should be looked at closely.
We need more of this cutting the fat out of government.
Amen!
The fired guy was making $8 million a year.
I guess another book is coming out.
Now privatize the TVA.
The CEO of the rinky-dink coop I work for makes 700k.
W I N N I N G
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.