TVA Chief Jeff Lyash Steps Down After Previous Critique By Trump Of $10.5M Compensation
US President Donald Trump has acknowledged the crowd before speaking the 2025 Republican Problem Meeting at Trump's National Dral Miami on January 27, 2025 in Dral, Florida. (Photo: Joe RAEDLE/Getty Images)
OAN staff James Meyers 10:13 am -Saturday, February 1, 2025
Jefflyhe, the CEO of the Tennessee Valley Bureau, has been the highest salary federal employee with a 10.5 million dollar compensation package per year, and has retired 11 days after President Donald Trump returned to the White House on Friday. did. Trump was very critical of Riash's “ridiculous” wage and pledged to fire him.
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TVA representatives have denied that Lyash has left for six -year work or under pressure from Trump's team.
“The answer is no,” said Spokeswoman Melissa Green. New York Post。 “When Jeff was hired in 2019, he told the TVA Board to inform them when he was seriously considering retirement. Jeff protected his words and the Board of Directors last fall. I started a conversation.
In his goodbye message, Lyash wrote: “I'm looking forward to the next chapter, but I spend more time with my family, grandchildren, and friends, but I miss the relationship with the TVA team throughout this area.”
“The true strength of the TVA is those people. The experienced and passionate labor is working to create a difference every day,” said Lyash.
Just in: Jeff Lyash, the CEO of the Tennessy Valley Bureau, has suddenly announced retirement on Friday, only 11 days after President Trump took office. did.
Trump said in August 2020 during his former administration last year, “We are driving him away in some way.” The Board of Directors will do it or we will do it, but he is gone. “
At that time, Trump claimed that Lyash should have earned “$ 500,000 or less a year” and should not get a “luxurious” exit package.
The president earns $ 400,000 a year in addition to $ 50,000 allowance. Congress members receive an annual salary of $ 174,000.
“It's the biggest job in the government's history. If you're interested in money, I've been waiting for someone to ask me, it's been a long time.” Was told in briefing. COVID-19 pandemic.
TVA manages hydropower dams and nuclear power plants.
In Lash, John Thomas, Chief of Finance, has $ 6.3 million a year, Don Moul, the highest finance manager, earns $ 5 million, David Fountain earns $ 3.3 million, and Tim Rausch brings $ 3.3 million. Acquired, Lash is not the only TVa that earns high wages. According to the November report Knox Building News Sentinel。
Steve Cohen Representative (D-Tenn) said New York Post In 2020, Lyash's wage said, “I did not do my best for public institutions.”
Many [TVA executives] Coen says that it will give energy to the poor in Japan, which is still economically suffering in many areas, and run more than 1 million dollars that operate an agent set to support support, “said Cohen. 。
“This makes the salary outside the range even more unpleasant. This has been wrong for decades, and these salaries should be considerably reduced, especially at this time.”
On the other hand, TVA has invested a large amount of power systems, investing in more than $ 22 billion, including $ 4 billion in 2024 in the past 10 years, and investing in new transmissions and $ 16 billion in generations over the next few years. I am doing it.
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