Acknowledges like robinhood yesterday restricted trading in gamestop and other volatile stocks. Robinhood eased up on those restrictions today but the backlash has been fierce. Here is reaction from conservative radio host Rush Limbaugh and bar stool sports Founder David portnoy. Its not just political now. The elites are Bent Out Of Shape that a bunch of average, ordinary users have figured out how to make themselves billionaires. Everything is rigged in favor of the elites. This has upset the rigging. I think its criminal. There has to be an investigation and people have to go to jail. Whether that actually happens i dont know. But ive never been more convinced about Market Manipulation and the people, the hedge funds controlling the game. Harris robinhood ceo is defending the decision. Watch. We had to make a very difficult decision to protect our customers and our firm. This decision was not made on the direction of any market maker. We are in a historic situation there is a lot of
Abortion access. Important its happened. All those who care about life we still have work to do. Former President Trump, he met the with House Minority leader Kevin Mccarthy. Trump pledged to work with mccarthy on gaining the House Majority in 2022. I feel good i knew that i would now. I feel good steve me too. Brian right. I dont think is he talking directly to us. Steve yeah he is. So good. Breen brian did he write this song for rocky 3 . Ainsley i wish we could ask him what does this song mean . Why do you feel good . Brian we couldnt book him. Steve it is friday, january 29th. Thats why we feel good because it is friday, january 29th. Kansas day coming to think about it when you grow up in kansas. It is the coldest day of the year so far. Right now outside it is 1 degrees in New York City. Sit back, relax, pour yourself a big cup of joe and enjoy the show starts now. Ainsley thank you for watching. Start about this story. Little Little People winning. Trading app. Robin hood is goi
That are being organized on facebook and read it buying the stock, bidding it up, causing those institutions to lose money here. Talking to the tune of billions of dollars over the past week or so for the sec, Securities Exchange commission is watching this and a sec regulator told me you might be hard for them to find a violation. Listen. I think when it comes to regulating the speech or regulating content, thats a huge challenge and certainly from a securities regulation perspective. I dont think the sec can regulate speech which everyone has the right to regulate in the sense charging a crime for doing it. What has lawmakers concerned is that robin hood is billed as a free Trading Platform had actually stopped or halted trades on gamestop and some of these others that were shorted which allowed the institutions to make back some of their money in those shorts yesterday. If robin hood said it needed the pause to collect collateral for its clearing house. They raised A Billion Dollars
Enrollment period for obamacare, to help struggling americans. Mary bruce standing by on that. The arrest at the capitol. Police say a man with a gun in his car and paperwork on Stop The Steal. The false claims about the election. And House Speaker nancy pelosi tonight on the continuing threat, saying the enemy is within. Saying members of Congress Want to bring guns onto the floor and have threatened other members. And the newly sworn in congresswoman and the videos. What she said to a survivor of the Parkland Shootings and what she said about the las vegas massacre. Tonight, the deadly leak at a plant. At least six workers killed. Workers say there were clouds of chemicals. Employees immediately falling unconscious. The major storm system slamming the west. Racing across the country. And now it could potentially become a significant noreaster. Up to a half foot of snow possible in some places in the east. And rob marciano with the new track tonight. General motors with a major announ
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