CNBC's Rick Santelli Loses It Over Fed Policy

Jul 14, 2014

Whoa.

We're used to seeing CNBC reporter Rick Santelli rant. He established it as part his brand at the start of the financial crisis, in a tirade against the bailout that called for a new "tea party" protest.

But today he cut loose on the Federal Reserve, and CNBC economics reporter Steve Liesman seems to have lost all patience with him:

"There is no single piece of advice you've given that's worked, Rick. Not a single one."

Watch it here. It gets heated about 2:30 in, boils over at around 6 minutes, and Santelli walks off camera at about 11 minutes.

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