SHOW TRANSCRIPT
The GameStop saga may be over on Wall Street, but it’s just starting on Capitol Hill. This hearing is going to be educational, said Congresswoman Maxine Waters.
The House Committee on Financial Services will probe key players in the trading frenzy Thursday afternoon, including Keith Gill. He s the Reddit user who inspired a horde of investors to pour money into GameStop, eventually pushing the share price up 1,500% and shaking confidence in the stock market. GameStop is one of the most compelling asymmetric opportunities in the market today, Gill said in a YouTube video on his channel.
The witness list also includes the CEOs of Robinhood, Citadel, Melvin Capital, and Reddit, as well as the Cato Institute’s director of financial regulation studies.