Down, along come the rebel populous traders to say not on our watch. How big does this get . Welcome. Im neil cavuto. This is your very well depending on the stocks, profitable world. Not so great for the conventional market which is taking it on the chin because namely washington will take its investigations to gamestop and a host of others and all of these others that have been jumping far and fast. Susan li on the end of week theatrics that i dont think are ending on this end of the week. Hey, neil. The gamestop readit frenzy has taken wall street to unchartered territory. We have never seen volumes like this before. Its making investors nervous. The dow jones breaking below 30,000 this afternoon for the dow and the s p finishing the first month of the year lower. While it was a major selloff, the gamestop rally was backed on and amc and express and cost. This after robinhood allowed their traders to trade again raising a billion in cash to ensure they have enough money to clear the
Level as the controversy continues. President biden met with his Economic Team at the white house today, the administration has not yet said much on the controversy only saying talk to the sec and the feds are monitoring the situation. Strong backlash by some lawmakers including alexandria ocasiocortez and republican ted cruz. Republican senator josh hawley talked about this on fox news earlier. What youve seen with this gamestop meltdown that wall street is having now is these folks at home have got more criticism and more scrutiny than the people who singlehandedly crash the entire Financial Market in 2008. And they got bailed out, the government bailed out those people. It shows you that the fix is in. John White House Correspondent Kristin Fisher picks up reporting for us on this friday live on the north lawn. For the third day in a row, the white house is declining to weigh in on this controversy that has consumed both wall street and main street. The White House Press secretary w
Another pointless vicious unconstitutional impeachment schiff show. The outcome is predetermined to smear trump one last time. In the house, democrats are waging a campaign against republican Freshman Lawmaker who has been on the job for one month and one day. Joe, by the way, if you are still awake, you are still with us now, you are leading a country with great unity. Got to give you an applause for that. And tonight during a house wide vote, congresswoman, Margie Marjoriewas stripped of all because of the things that she said before getting elected. House democrats went ahead with their punitive measures even though congresswoman taylor green has now disagreed about her previous beliefs and conduct during an unscripted speech on the house floor today. Lets take a look. When i started finding this information, things that were not true in these posts, i stopped believing it. And i want to tell you any source and i say this to everyone, any source of information that is a mix of truth
The outcome is predetermined to smear trump one last time. In the house, democrats are waging a campaign against republican Freshman Lawmaker who has been on the job for one month and one day. Joe, by the way, if you are still awake, you are still with us now, you are leading a country with great unity. Got to give you an applause for that. And tonight during a house wide vote, congresswoman,it marjorie was stripped of all because of the things that she said before getting elected. House democrats went ahead with their punitive measures even though congresswoman Taylor Greene has now disagreed aboutut her previous beliefs and conduct during an unscripted speech on the house floor today. Lets take a look. When i started finding this information, things that were not true in these posts, i stopped believing it. And i want to tell you any source and i say this to everyone, anyan source of information that is a mix of truth and a mix of lies is dangerous. You see School Shootings are absol
Mccarthy warns democrats the tide may turn against you in the future. You will regret this. You may regret this a lot sooner than you think. If thats the new standard, if people are held to what they have said prior to even being in this house, if the majority gets to decide who sits on other committees, i hope you keep that standard because we have a long list you can work within your own. Harris sooner than you think, he says. Also in focus this hour claims of hypocrisy against a major book publisher, rnc chairwoman Ronna Mcdaniel reacts. A new battle over whether taxpayers should be on the hook for 650 billion in student loan debt. Steve forbes will weigh in. First lets bring in florida congressman matt gaetz of the House Judiciary Committee to talk about our top story. I understand you did not vote with those 11 republicans to remove Marjorie Taylor greene from her committees, why . It wasnt an attack on Marjorie Taylor greene it was attack on the voerts. She got more votes than i