From Tommy Christopher:
Elizabeth Warren Speaks Out About Robinhood Shutting Down GameStop Trades: ‘This is Not Right’
Massachusetts Senator Elizabeth Warren spoke out against the RobinHood app’s decision to shut down access to GameStop stocks, telling MSNBC’s Tiffany Cross that “this is not right.”
Sen. Warren became a hot topic on social media for her comments on the Gamestop chaos, and during an extensive interview on Saturday morning’s edition of The Cross Connection, spoke further on the trading flurry that roiled markets this week and prompted the Robinhood app to block its customers from buying the stock.
Ms. Cross asked Sen. Warren to weigh in on the issue, and specifically singled out lawmakers who didn’t treat the Coronavirus pandemic “with the same urgency as these random day-traders impacting the bottom line of these wealthy hedge fund managers.”
“Well, you’re right. we’re talking about a rigged system,” Warren said. “And it’s rigged in multiple ways…