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Watch Live: Senate Banking Committee Discusses "Who Wins On Wall Street?"


Mr. Andrew N. Vollmer
In her testimony, Professor Fletcher, a former lawyer and expert in financial regulation, suggested that the meme stock episode undermined faith and proper functioning of American capital markets.
When the fundamental operation of the markets is undermined, there are far-reaching effects that extend beyond the capital markets, affecting consumer savings, investments, retirement plans, and the rest of the real economy.
The recent market volatility stemming from trading in meme stocks , most notably GameStop, has raised concerns as to the integrity, stability, and overall health of the markets.
Read the full testimony below:
The only buy-sider on the witness list for Tuesday is Rachel Robasciotti, the founder and CEO of Adasina Social Capital, which manages the Adasina Social Justice All Cap Global ETF. Robasciotti started her prepared testimony by musing about how the Gamestop saga reminded her of the infamous MIT blackjack team, whose ....

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Duke Bootee, Co-Writer of the Hip-Hop Hit 'The Message,' Dead at 69


After quitting the music industry to spend more time with his family, Fletcher earned master’s degrees from the New School in media studies and in education from Rutgers University. He got into teaching and was hired as a critical thinking and communication instructor at Savannah State University. He retired in 2019.
“He loved his cigars, coffee, jazz and the beauty of his wife’s natural hair,” Fletcher’s former student
Chelsea Caldwell said. “He gave us a whole lecture one time about embracing your natural self.”
In a statement, SSU said, “Savannah State University is saddened by the death of Edward Fletcher. He came to Savannah State University as a lecturer on Critical Thinking & Communication educating countless students after career in the music industry. In a 2015 interview for the student newspaper Tiger’s Roar, Professor Fletcher said education is his family’s business naming several members of his family who were educators includi ....

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