Rick Santelli joined CNBC Business News as on-air editor in June 1999, reporting live from the floor of the Chicago Mercantile Exchange. His focus is primarily on interest rates, foreign exchange and the Federal Reserve.
Santelli is a regular contributor to CNBC's "Squawk on the Street " (Monday-Friday, 9 a.m.-12 p.m. ET).
A veteran trader and financial executive, Santelli has provided live reports on the markets in print and on local and national radio and television. He joined CNBC from the Institutional Financial Futures and Options at Sanwa Futures, L.L.C. There, he was a vice president handling institutional trading and hedge accounts for a variety of futures related products.
Prior to that, Santelli worked as vice president of Institutional Futures and Options at Rand Financial Services Inc., served as managing director at the Derivative Products Group of Geldermann Inc., and was vice president in charge of Interest Rate Futures and Options at the Chicago Board of Trade for Drexel, Burnham, Lambert. Santelli began his career in 1979 as a trader and order-filler at the Chicago Mercantile Exchange in a variety of markets, including gold, lumber, CDs, T-bills, foreign currencies and livestock.
He is a graduate of the University of Illinois Champaign/Urbana with a Bachelor of Science degree. Santelli has been a member of both the Chicago Mercantile Exchange and the Chicago Board of Trade.
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Maria Bartiromo and the entire CNBC news team provide perspective and insight on recent uncertainly and volatility in the markets. Jim Cramer weighs in on how investors can try and make sense of global contagion; Oriel Morrison reports the latest news on what's driving overseas markets now; Kayla Tausche runs through the numbers and looks at some historical reactions; Steve Liesman provides insight on the economic side of the horrible jobs report on Friday; Gary Kaminsky checks in on whether the markets are officially in "correction mode"; and Rick Santelli has a look at record low Treasury yields and its impact on mortgage rates.
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“Squawk on the Street” Co-Anchor
Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.