Click HERE to find out ⭐ House Committee on Financial Services Hearing to Include Robinhood CEO, Reddit Co-Founder and More. Peter Wells. It was a punchy start to the hearing as chair Maxine Waters opened the … Robinhood and GameStop testified in a hearing before Congress on Thursday. Robinhood CEO Vlad Tenev released his testimony ahead of Thursday's Congressional hearing. Robinhood's role in GameStop stock spike scrutinized by Congress. At the House Financial Services Committee hearing on GameStop, lawmakers aimed some of their harshest questions at Robinhood CEO Vlad Tenev. Robinhood CEO Vlad Tenev admitted that the app did not have the liquidity needed to meet an early-morning demand from its clearinghouse for $3 billion on January 28. Robinhood CEO defends actions in GameStop saga at hearing By Associated Press | PUBLISHED: February 18, 2021 at 8:07 p.m. | UPDATED: February 18, 2021 at 8:07 p.m. The House Financial Committee will also hear from the CEOs of Citadel and Melvin Capital, as … Tenev apologized to customers but defended the company, too. The company, which has found itself under fire in the past few weeks due to the GameStop debacle, has announced that it will begin supporting deposits/withdrawals of cryptocurrencies. Alexandria Ocasio-Cortez Tears Into Robinhood CEO at GameStop Hearing Deep F**king Value Meanwhile, Reddit’s Roaring Kitty showed up for his congressional testimony with viral cat memes. Reps. Alexandria Ocasio-Cortez, Chuy Garcia, Juan Vargas, Nydia Velazquez, Ritchie Torres, and Vicente Gonzalez questioned Vlad Tenev at the highly-anticipated Financial Services Hearing. Robinhood CEO Vladimir Tenev is expected to defend his company against suggestions it wasn't acting in the best interests of its customers, according to his testimony published Wednesday. Robinhood CEO and others in trading saga testify before Congress at GameStop hearing – as it happened Executives from Reddit, Melvin Capital and Citadel speak in first public hearing … GameStop hearing will include Robinhood and Reddit CEOs. The House Financial Services Committee's hearing on the GameStop trading frenzy remained squarely focused on the brokerage's CEO. 02/19/2021 - 17:42. in . After asking the CEO about Robinhood’s liquidity, she again cut him off when he didn’t directly answer. Reddit, Robinhood and hedge fund CEOs testify at House hearing on GameStop saga. GameStop hearing live: Robinhood CEO and others in trading saga testify before Congress. In addition, platforms like Robinhood give the trading firms data on stocks its users are buying and selling.Both Tenev and Ken Griffin, the CEO of … Vlad Tenev, chief executive officer and co-founder of Robinhood Markets Inc., speaks during a virtual House Financial Services Committee hearing Thursday. Executives from Reddit and other companies speak in first public hearing … Today is a big day for Robinhood, the popular trading platform. Eric Platt and Philip Stafford. Waters grills Robinhood CEO Tenev as hearing begins. (Feb. 18) The House asked Tenev to testify for Robinhood's role in January's GameStop frenzy. Latinx reps grill Robinhood CEO at GameStop Hearing. Reuters Vlad Tenev, CEO of Robinhood Markets, is seen testifying in a frame grab from video during an entirely virtual hearing of the U.S. House of Representatives Committee. Robinhood CEO Vlad Tenevappeared along with others, including Reddit CEO Steve Huffman, Citadel's Ken Griffin, Melvin Capital's Gabe Plotkin, and Keith Gill, who uses the handle "Roaring Kitty" on YouTube. (AP Photo/John Minchillo, File) In this image from video provided by the House Financial Services Committee, Vlad Tenev, chief executive officer of Robinhood Markets, Inc., testifies during a virtual hearing on GameStop in Washington, … The House Financial Services Committee is ready to dig into the confounding episode at a hearing on Thursday, Feb. 18. Reuters/File Photo WASHINGTON - Key players in the GameStop saga are testifying to a House committee Thursday. Lawmakers Grill Robinhood CEO in GameStop Hearing House members probe January's trading frenzy surrounding GameStop by grilling 'Roaring Kitty,' and Robinhood CEO… Robinhood’s CEO to face US lawmakers demanding answers. “I don’t have time, I just need a … by erickac. Washington – The CEO of Robinhood defended the trading platform to Congress Thursday for its actions during the GameStop trading saga, ... said at the start of the hearing. House lawmakers grilled the CEO of Robinhood Markets, Inc. as they examined whether the recent wild swings in the price of GameStop exposed conflicts in the market's structure that can hurt unsophisticated investors. Ken Griffin, Citadel’s billionaire founder, and Robinhood Markets Inc. Chief Executive Officer Vlad Tenev will testify next week at a House hearing on wild market swings in … In this image from video provided by the House Financial Services Committee, Vlad Tenev, CEO of Robinhood Markets, testifies during a virtual hearing Feb. 18, 2021. In addition to this, the company’s CEO, Vlad Tenev, will be speaking at a Congressional Hearing […] Vlad Tenev will testify at a congressional hearing on Thursday about January’s epic rally in stocks such as GameStop. The drama seemingly pitted everyday investors against Wall Street firms. Co-founder and CEO of Robinhood Vladimir Tenev. Photo: Noam Galai / Getty Images Players central to the GameStop market bonanza will call on Congress to shorten the time required for stock trades to settle, according to testimonies released ahead of their appearances at a Congressional hearing on Thursday. Vlad Tenev, Chief Executive Officer, Robinhood Markets, Inc. Kenneth C. Griffin, Chief Executive Officer, Citadel LLC Gabriel Plotkin, Chief Executive Officer, Melvin Capital Management LP ; Steve Huffman, Chief Executive Officer, Co-Founder, Reddit; Keith Gill; The virtual hearing will be held on February 18 at His testimony ahead of Thursday 's congressional hearing apologized to customers but defended company. 'S CEO to dig into the confounding episode at a hearing on,. Role in January 's GameStop frenzy - Key players in the GameStop trading frenzy squarely! 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