Psaki Defends Treasury Secretary Janet Yellen For Taking Money From Citadel – Won’t Commit to Recusal in GameStop Scandal
White House Press Secretary Jen Psaki defended newly-confirmed Treasury Secretary Janet Yellen for taking speaking fees from Citadel.
Janet Yellen was previously paid more than $800,000 in speaking fees by Citadel.
On Thursday, Robinhood, an online brokerage firm, blocked retail investors trading GameStop and other stocks – a clear manipulation – in order to stop the bleeding and protect Citadel, a multinational hedge fund with a vested interest in Robinhood.
Citadel and Point72 infused nearly $3 billion into Melvin Capital, a hedge fund that took a beating after betting against GameStop as Reddit traders caused GME to soar.
The word on the street is that Citadel actually reloaded their shorts before they told Robinhood to stop trading GME (GameStop).
It gets juicier…
A person who purports to be a Robinhood employee (unconfirmed) blew the whistle on a conversation that went down with the brokerage firm’s C-Suite, Sequoia Capital (a venture capital firm that focuses on tech) AND THE WHITE HOUSE.
“Vladimir, yes founder Vladimir, and the C-Suite, received calls from Sequoia Capital and the White House that pressured into closing trading on GME etc. I guarantee you the same took place at E-trade and the others who closed trading,” the anonymous Robinhood employee posted to Reddit.
https://www.thegatewaypundit.com/2021/01/psaki-defends-treasury-secretary-janet-yellen-taking-money-citadel-wont-commit-recusal-gamestop-scandal-video/