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President Trump does an about-face, as he changes his mind about firing TVA’s highly-paid CEO

President Trump fires Tennessee Valley Authority CEO Jeff Lyash Monday but then changes his mind later in the week

MEMPHIS, Tennessee — In Friday's Ransom Note: reversal of fortunes.

More than 100 contract workers for the Tennessee Valley Authority won't be fired after all.

Monday President Trump fired the TVA's board chair and another board member --and threatened to fire the rest of the board and the ceo--  if they didn't hire those workers back. The President was upset the jobs were being outsourced to foreign workers, and it fit well into his "America first" message.

So Thursday TVA CEO Jeff Lyash and acting chairman John Ryder, who is from Memphis, got on an airplane -- probably one of the TVA's private jets -- flew to D.C. and made nice with the administration.

Then came the groveling news release. "We were wrong," said Lyash. "we didn't fully understand the impact on our employees," he added.

But what about Lyash? Monday Trump was also critical of his $8.1 million income, called it "ridiculous," "a disgrace," and "a deep swamp thing."

But apparently Trump is now willing to overlook that. He got the win on the workers and Lyash also won big. The highest paid worker in the federal government still has his job, too. 

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