FILE - Pedestrians pass a GameStop store on 14th Street at Union Square, Thursday, Jan. 28, 2021, in the Manhattan borough of New York. The GameStop saga has been portrayed as a victory of the little guy over Wall Street giants but not everyone agrees, including some lawmakers in Washington. The House Financial Services Committee is ready to dig into the confounding episode at a hearing on Thursday, Feb. 18. (AP Photo/John Minchillo, File) (Copyright 2021 The Associated Press. All rights reserved.)
WASHINGTON – Lawmakers in Washington are digging into the GameStop saga at a congressional hearing. Watch it live.
The episode has been portrayed as a victory of the little guy over Wall Street titans, but not everyone is buying it. Lawmakers from both parties are among the skeptics.
no success. we remain at an impasse. because my friend the democratic leader continues to demand a new and different set of rules for president trump. reporter: democrats controlled the process until now and want to ensure republicans conduct what they consider a fair trial. that includes setting the parameters of opening statements and then calling witnesses who the white house blocked from testifying during the house hearings. the president s case, so weak, that none of the president s men defend him under oath. reporter: republicans want the senate to first hear both the prosecution and the defense without committing to call witnesses to testify. it s like the prosecutors are getting cold feet. in front of the entire country. and second-guessing whether they even want to go to trial. reporter: the senate trial will likely come at a crucial time for democrats hoping to take on trump in november.
the decision to delay handing over the measures created another partisan showdown. senate leaders met thursday to discuss terms of the trial with no success. we remain at an impasse. because a new and different set of rules for president trump. democrats have controlled the process until now and want to ensure republicans conduct what they consider a fair trial. that includes setting the parameters of opening statements and then calling witnesses who the white house blocked from testify during the house hearings. the president s case so weak that none of the president s men can defend him under oath? republicans want the senate to first hear both the prosecution and the defense without committing to call witnesses to testify. looks like the prosecutors are getting cold feet in front
to do. unlikely the senate subpoenas bolton when the house did not do so. democrats are not willing to go through the process of a judiciary dealing with these questions of who can come and testify. and then the other question is how much appetite do voters have for this in a place like colorado or maine? that s an open question and you have seen independent voters who are important skeptic fiscal sliver not be moved by house hearings. it s part of the obligation when you use a potent tool like impeachment is to convince people and they haven t gotten there. there s some slippage in favor of not removing the president, not impeaching him and against impeaching. in cnn polls which is a survey of all polls, 46% say yes to remove, 49% say no. democrats went down in that cnn
holds. you know, the strategy of the house impeachment managers will be they want to present their case. they will want to present this incredible story that they ve developed in the course of he s house hearings and they will want to augment that story with the testimony of certain people who they sought to get testimony from in the house and failed because the white house stiffed them. and that, of course, is part of the basis for the second article of impeachment, the obstruction of congress. so they re going to want to try to present as much as they can. and the question for mcconnell is whether he can hold together 51 senate republican votes to prevent them from doing that. and i think that s a question, you know, quite apart from the question of, you know, how many