Charles Payne (television personality)

Charles V. Payne
Born	(1962-11-15) November 15, 1962
Occupation(s)	Financial journalist, CEO
Years active	1985–present
Known for	Host of Making Money with Charles Payne on Fox Business Network

Charles V. Payne (born November 15, 1962) is a financial journalist from the United States, known for his role on the Fox Business Network as the host of the program Making Money with Charles Payne.

Early life and education

At age 17, Payne joined the United States Air Force, where he served as a security policeman stationed at Minot Air Force Base in North Dakota. During his military tenure, he pursued studies at both Minot State University and Central Texas College.

Finance industry

Payne's professional journey commenced on Wall Street in 1985 when he worked as an analyst at E. F. Hutton. He later established Wall Street Strategies in 1991, a stock market research company where he serves as CEO and lead financial analyst.

In 1999, Payne reached a settlement with the SEC regarding accusations that Wall Street Strategies had advised clients to buy certain stocks without revealing that Payne received compensation for promoting those securities. While neither admitting nor denying any wrongdoing, Payne consented to a permanent injunction and paid a civil penalty amounting to $25,000.

Payne authored Be Smart, Act Fast, Get Rich: Your Game Plan for Getting It Right in the Stock Market in 2007. Additionally, he has made appearances on C-SPAN.

Fox Business

Payne became affiliated with Fox Business in 2007 as a contributor and was appointed host of Making Money with Charles Payne in 2014.

In June 2019, Payne asserted that the stock market immediately declined following President Obama's election, contrasting it with upward trends during President Trump's administration. PolitiFact evaluated this statement as "mostly false," acknowledging the accuracy of the numerical data but emphasizing that experts attribute the market downturn to wider economic factors rather than election outcomes.

In July 2017, Fox Business suspended Payne pending an inquiry after Scottie Nell Hughes, a former guest, accused him of sexual assault. Payne denied these allegations but confirmed a romantic relationship lasting three years with Hughes, who maintained a residence near Fox's Manhattan offices throughout their involvement. Hughes believed the relationship could lead to a permanent role at the network; however, her appearances diminished after their affair ended in 2015 and following her report against Payne. The suspension was lifted on September 8, 2017.

Personal life

Payne lives in Teaneck, New Jersey and is married to Yvonne Payne.

See also

• Black conservatism in the United States