Page 74 - நகர்ப்புற வாழ்க்கைத்தொழில்கள் குழு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Legislation to end the death penalty in Ohio gains bipartisan support: Capitol Letter

Legislation to end the death penalty in Ohio gains bipartisan support: Capitol Letter
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GameStop Congressional hearing: What to expect from CEOs, lawmakers

Kathy Willens/AP Photo Committee Chair Maxine Waters said hedge funds are responsible for predatory conduct. Reddit sided with individual investors and Robinhood explained why it restricted trading. The House Committee on Financial Services today grilled the power players involved in last month s GameStop trading frenzy. The CEOs of Reddit, Robinhood, Melvin Capital, and Citadel are testifying to Congress following an unexpected rally of GameStop stock driven by individual investors. Lawmakers criticized these firms after some retail investors, including members of a popular Reddit forum r/WallStreetBets, invested in GameStop to burn institutional investors who bet against the stock. The trading frenzy caused GameStop shares to surge 2,000% month-to-date on January 29 and caught the attention of Elizabeth Warren, Alexandria Ocasio-Cortez, and Ted Cruz.

New yorkUnited statesAl iskandariyahMaxine watersSherrod brownElizabeth warrenTed cruzJosh gossettExchange commissionCommittee on financial servicesHouse committeeSenate bankingHouse committee on financial servicesAffairs committeeChair maxine watersFinancial services