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“#‘Roaring Kitty’ Keith Gill defends his GameStop posts amid lawsuit” A star Reddit trader known as “Roaring Kitty” plans to defend his bullish GameStop calls in front Congress one day after being slapped with a lawsuit for his role in the trading frenzy. The trader, whose real name is Keith Gill, is set to testify…
“#Robinhood’s Vlad Tenev admits GameStop communication failure” Robinhood CEO Vlad Tenev said the investing app could have more clearly explained why it had to block trades of GameStop and other stocks during last month’s Reddit-fueled market frenzy. “I think the challenge was that no doubt we could have communicated this a little bit better to…
“# Robinhood, Melvin, and Citadel execs expected to testify on GameStop before Congress ” Executives from companies involved in the recent controversy between hedge funds and retail investors from Reddit may be testifying at a House Financial Services Committee hearing next week. According to a Reuters report, two people familiar with the matter said executives…
“# Amid hiring spree, Blockchain Association adds Token Taxonomy Act guru to team ” The Blockchain Association, a leading trade association and lobbying group, has hired Ron Hammond as its new director of government relations. The Blockchain Association has been one of Washington, D.C.’s biggest advocates for the crypto industry since its launch in 2018….
“#Rep. Liz Cheney won’t resign following censure by Wyoming GOP” US Rep. Liz Cheney said Sunday that she won’t resign from Congress — or give up her Republican leadership position — following her censure by the GOP in her home state of Wyoming for voting to impeach former President Donald Trump. “Look I think people…
“#Dem lessons in how not to deal with radicals like Marjorie Taylor Greene” Several recent precedents offer House Republicans a clear roadmap on how not to deal with Rep. Marjorie Taylor Greene: Under no circumstances should the Republican minority leader appear on glossy magazine covers celebrating the ascendancy of the radicals in the party as…
“#Who will get the 3rd stimulus check — and when can they expect it?” A key Senate vote early Friday paved the way for millions of Americans to get a third stimulus check under President Biden’s $1.9 trillion relief plan. Biden has proposed sending $1,400 to every person who got the first two payments, along…
“# New antitrust legislation aims to put an end to tech monopolies in the US ” The Senate sees new legislation aiming to update antitrust laws for new technologies. Senator and former candidate for the Democratic presidential nomination Amy Klobuchar is introducing the Competition and Antitrust Law Enforcement Reform Act today, Cointelegraph has learned. Sen….
“# Bitcoin-touting Senator Lummis appointed to Banking Committee ” The most vocally pro-crypto Senator in the U.S. will join the committee responsible for the nation’s financial regulation. On Wednesday night, Senator Lummis’ team told Cointelegraph that Lummis had received her committee assignments for the 117th congress. The freshman republican from Wyoming will take her place…
“#Go bipartisan, watch GOP destroy itself” We’re only two weeks in, and Joe Biden’s presidency finds itself at a hinge moment. We will learn most of what we need to know about his Oval Office leadership when we see which path he takes. The first path is bipartisanship. Right now, the news out of Washington…