President Donald Trump on Monday announced that two members of the Tennessee Valley Authority (TVA) would be fired and pressed for the removal of the CEO.
“Let this serve as a warning to any federally appointed board. If you betray American workers, then you will hear two simple words: “You’re fired,” Trump said at the White House on Monday.
Trump said he would remove TVA board chairman James Thompson and board member Richard Howarth, partially because of the TVA’s announcement that it would outsource 20 percent of its jobs to foreign workers.
The TVA is a federal corporation created in 1933 to provide power and economic development to the Tennessee Vally.
The president criticized the president of the Tennessee Valley Authority, Jeff Lyash, as overpaid — after earning $8.16 million in 2019.
Trump demanded that the TVA board push him out and not give him a severance bonus.
“He gets $8 million a year. So that was just a succession of deep-swamp things happening, and it’s a disgrace,” he said.
The president spoke with the U.S. Tech Workers group who raised concerns about what the TVA was doing.
During the meeting, White House Chief of Staff Mark Meadows entered and delivered a note to the president from the TVA CEO.
“He’s looking to change course and reverse it, and that’s good,” Trump said as the group of tech workers cheered. “Now, maybe he’ll take a major cut in salary, too. That’ll be phase two, right?”