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Congress hits Robinhood HARD! GameStop hearing in 10 minutes (supercut)

Watch the best clips from the congressional hearing on the GameStop short squeeze. Members of the House Financial Committee question Robinhood CEO Vlad Tenev, Citadel CEO Kenneth Griffin, Melvin Capital CEO Gabriel Plotkin, Reddit CEO Steve Huffman, Jennifer Schulp, Director of Financial Regulation Studies at the Cato Institute, and ‘Roaring Kitty’ himself, Keith Gill.

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Watch the best clips from the congressional hearing on the GameStop short squeeze. Members of the House Financial Committee question Robinhood CEO Vlad Tenev, Citadel CEO Kenneth Griffin, Melvin Capital CEO Gabriel Plotkin, Reddit CEO Steve Huffman, Jennifer Schulp, Director of Financial Regulation Studies at the Cato Institute, and ‘Roaring Kitty’ himself, Keith Gill.

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108 Comments

108 Comments

  1. TheKfcBandit

    February 19, 2021 at 12:54 am

    18

  2. Adam Macias

    February 19, 2021 at 12:54 am

    Fine, I’m going to say it. AOC is not that hot.

    • austin

      February 19, 2021 at 12:59 am

      stop lying

    • Edward Hoffenheim

      February 19, 2021 at 1:20 am

      @austin She’s like average, not that it matters

  3. Cotten Helmsworth

    February 19, 2021 at 12:55 am

    It’s amazing watching someone who has no clue about what they’re talking about try to sound like they’re important and relevant.

    • Charlie Nelson

      February 19, 2021 at 12:57 am

      No kidding, she is worthless as a politician, she just likes to complain about everything.

  4. hudson berry

    February 19, 2021 at 12:55 am

    AOC showing no mercy 💪🏻

  5. Dallac Ais

    February 19, 2021 at 12:55 am

    Well isn’t that a shame

  6. Patti Pilcher

    February 19, 2021 at 12:57 am

    Loud Mouth Skin Bag! Fake person AIC!!!

  7. burn type-r

    February 19, 2021 at 12:58 am

    Lol aoc…

  8. Patti Pilcher

    February 19, 2021 at 12:59 am

    CONGRESS SHOULD HAVE NO SAY! JUST BECAUSE THEIR FRIENDS GOT STUCK!

  9. MunchFPV

    February 19, 2021 at 1:00 am

    AOC needs to be removed from holding any position of power. ty.

    • Deborah Dobbie

      February 19, 2021 at 1:02 am

      I agree but I love her attitude with this guy 🤣

    • Hector G.

      February 19, 2021 at 1:03 am

      Can you give a reason why? She is doing exactly what the people that voted for her want. I am sure whoever represents you would not be of our liking, should we remove them?

    • SeanJ2A

      February 19, 2021 at 1:27 am

      This doesn’t make sense, almost anyone can say the exact same thing about your Representative or Senator of choice.
      Example, I’m sure if we somehow magically threw Ted Cruz in her seat people would say the same.

      She belongs because they people in her district, state or etc says she belongs by voting for her, it is what it is.

  10. SPEAK UP

    February 19, 2021 at 1:00 am

    AND YOU DON’T LIKE AOC….. why?

  11. Deborah Dobbie

    February 19, 2021 at 1:01 am

    Of course his name is Vlad 😅🤣

    • willow unleash

      February 19, 2021 at 1:10 am

      Lol whats that supposed to mean. Its not like he’s a crook.

  12. Patti Pilcher

    February 19, 2021 at 1:02 am

    Can’t let the public make money in the same way the elite big boys do!!!

  13. JayTX

    February 19, 2021 at 1:02 am

    Robinhood and wallstreet got caught and have been exposed.

  14. Patti Pilcher

    February 19, 2021 at 1:04 am

    Rules for thee but not for me!!!

  15. Deborah Dobbie

    February 19, 2021 at 1:05 am

    The guy at 3 mins – certified badass.

  16. Thomas Louie

    February 19, 2021 at 1:05 am

    rip robin hood

  17. S S

    February 19, 2021 at 1:06 am

    Thank you for the question, allow me to doge and ignore everything you say until the chairman says the time is up. Thank you

  18. Michael Schore

    February 19, 2021 at 1:06 am

    Why isn’t Congress going after the Hedge Funds? What possible good does it do to allow the HFs to make huge sums of money by betting that a company will FAIL? Please do explain how that benefits society?

  19. Miguel A. Rivera S.

    February 19, 2021 at 1:09 am

    🔥

  20. Joe c

    February 19, 2021 at 1:10 am

    They cost me lots of money in 2019 by not allowing me too sell my stock be for watched it go from 20 dollars or so to 2.55cents or so i need too look it up but i didnt know it against the law so i should sue robinhood i just stopped using the app

  21. ArMx RISH

    February 19, 2021 at 1:10 am

    how tf can they keep saying random stuff and not answering the question. so annoying

  22. SPEAK UP

    February 19, 2021 at 1:11 am

    THESE AREN’T YES OR NO ANSWERS CONGRESS 🙃

  23. Doug Unfunny

    February 19, 2021 at 1:14 am

    Rep. Brad Sherman ain’t messing around.

  24. Guilherme Bueno

    February 19, 2021 at 1:18 am

    Why the congressmen are so mad?

  25. Edward Hoffenheim

    February 19, 2021 at 1:23 am

    McHenry asks him what everyone is wondering: why allow selling, but now buying?

    He responds saying he’s grateful for the opportunity to address that. Like it was some scarce opportunity. He had the CNBC interview, twitter, YouTube and reddit as very willing platforms to make the case. And just NOW he’s oh so thankful he has a platform to address it 🙄

  26. Re Pure

    February 19, 2021 at 10:12 pm

    When you short a stock please inform the public. This way I will be more prone to holding my shares vs. Thinking something is wrong with my holdings.

  27. kdawgovich

    February 19, 2021 at 10:34 pm

    “you are doing a great job of wasting my time. If you’re going to filibuster, you should run for the Senate” 😂😂😂

  28. Kerdack

    February 19, 2021 at 10:35 pm

    AOC gives no f*cks.

  29. Joshua Garcia

    February 19, 2021 at 10:46 pm

    When I was a boy in Bulgaria

  30. Blazes WithWolvez

    February 19, 2021 at 10:48 pm

    She’s hot! 😍😚

  31. mooseT

    February 19, 2021 at 11:01 pm

    YES or NO? Vlad: I had the same haircut when I was a little boy in Bulgaria.

  32. Joel Halbert

    February 19, 2021 at 11:04 pm

    She’s asking questions for points. Shallow.

  33. DePrepper

    February 19, 2021 at 11:10 pm

    The whole thing is one of the communally-dumbest events in history, except for DFV. People don’t even understand that Robinhood actually HELPED people not allowing them to buy too much of a pump n dump. First, you have hedge funds shorting stock that doesn’t even exist. Then you have individual/retail investors loosing millions after the pump n dump was over. Newb investors want the freedom to try and get rich quick from the pump and then be reimbursed when they are bag holding

  34. Guillermo Procel

    February 19, 2021 at 11:25 pm

    6:45 he’s not reading a script at all

  35. Sinuous

    February 19, 2021 at 11:32 pm

    Annnnd, nothing really happens, as usual.

  36. Gustav Licht

    February 19, 2021 at 11:32 pm

    Vlad sounds like a broken record. He cannot even answer a simple yes or no question.

  37. Pee Bee

    February 19, 2021 at 11:40 pm

    The rich just keeps getting richer, While the poor suffer..

  38. Morten Stenberg

    February 19, 2021 at 11:55 pm

    The congress just seem So clueless.

  39. Dream Logic

    February 20, 2021 at 12:00 am

    I really love AOC but I think she’s out of her depth on the details here. I also don’t appreciate when a questioner talks over the subject when they don’t get the answer they want.

  40. JJ Carter

    February 20, 2021 at 12:02 am

    I love how irritated politicians get when people answer questions the same way they do.

  41. Macro Trader

    February 20, 2021 at 12:06 am

    The Rep. questioning Ken Griffin clearly doesn’t understand how the markets work

  42. Germ0o

    February 20, 2021 at 12:11 am

    VLAD ZUCKERBERG 😆🤣😂😹. What a crook

  43. Macro Trader

    February 20, 2021 at 12:12 am

    funny how everyone is all of sudden skeptical of Robinhood and their “free” model for retail investors….but the same people have been likely using Facebook for “free” for years and likely have no clue how they make money…..If Robinhood isn’t really free as stated by Rep AOC then Facebook isn’t either….yet how many people deleted their Facebook accounts….it’s difficult to regulate something that you don’t really understand….looks like a lot of political posturing to seem tough on Wallstreet….It’s common sense that if two orders come in with same size they will not come in at the same time. One will get better execution regardless even if that’s due to microsecond difference. Order 1 of 100 hit the bid when supply was 50 and price was 50, Order 2 hit the bid when supply was 200 and 49.90. Who got the better price? In simple terms both orders won’t be executed at the same time. The order executed first will affect the execution of the second even if we’re talking in terms of microseconds. The price that the second order gets will reflect the change in supply/demand as a result of the first orders execution.

    Reps have likely never seen an orderbook…..in the example above demand of 50 at $50 means there exists figuratively 50 people looking to buy at $50 if Order 1 hits the bid, or sells 100 into this demand it can only fill 50 of the order at $50 and must fill the second half at $49.90.

    There’s supply of 200 at $49.90. When Order 1 gets completed there will only be 150 left. When Order 2 gets executed to sell 100 it has to be done at $49.90 because that’s where demand is. So that person/institution will get a price of $49.90 for the entire order because Order 2’s supply didn’t exceed demand at that price. Order 1 got a price of $50 for 50 shares and $49.90 for 50. If another Order comes in to sell, the cycle continues and that’s how the market moves in general.

    So who will get the better price, if the size is equal, it depends on execution; which order will get executed first and what’s the supply/demand ratio. This is what Ken Griffin was trying to explain. He said that it was economics(i.e. supply and demand which is economics 101) but he underestimated the general public’s understanding of the topic.

  44. Jacky-Boy514

    February 20, 2021 at 12:13 am

    Is it me or does Robin Hood ceo look like he’s wearing a wig?

  45. William Leslie

    February 20, 2021 at 12:37 am

    I hope the make an example of them.

  46. ObieJPM

    February 20, 2021 at 12:39 am

    Glad I’ve left cant wait to short their IPO

  47. Michael Kern

    February 20, 2021 at 12:48 am

    Hurry up and release their IPO so we can buy some Puts!!

  48. johnlich1

    February 20, 2021 at 1:11 am

    I absolutely despise AOC

  49. NiteEy3

    February 20, 2021 at 1:21 am

    If ur smart u know that stocks is the past. The future is CRYPTO especially when You are a amateur and u can bring in 20k in a month 🤑

  50. 天佑

    February 20, 2021 at 1:32 am

    That ending fire

  51. Jason Wiercinski

    February 20, 2021 at 11:13 pm

    Most of the representatives dropped the ball here. Naked shorting should have been the #1 focus of this hearing.The squeeze in Gamestop wouldn’t have been so drastic if the stock wasn’t shorted more than its float.

  52. Alex Edson

    February 20, 2021 at 11:30 pm

    The real crime here is that haircut

  53. Another One Bites the Dust

    February 20, 2021 at 11:35 pm

    Like AOC should be questioning anybody… I wanna know why she lied about where she was on January 6!

  54. david pena

    February 20, 2021 at 11:42 pm

    I am not buying a stock on robinhood ever again

  55. Theresa Bettle

    February 20, 2021 at 11:47 pm

    Got caught with their pants down. 🤣

  56. Dj Dann.

    February 20, 2021 at 11:48 pm

    So could we just shut down the Robinhood?

  57. Bledar P

    February 20, 2021 at 11:52 pm

    vlad needs to be in jail….

  58. Jsilguero 3

    February 20, 2021 at 11:59 pm

    Your allowed to explain the question but you don’t allow someone to explain their answer.

  59. David Sheppard

    February 21, 2021 at 12:00 am

    I wonder if Gill, Tenev, Griffin, & Plotkin are willing to undergo facial transplants because there are a lot of angry people who have some connections with some very bad people.

  60. Lobo Solitario

    February 21, 2021 at 12:18 am

    She would look good on castingcouch

  61. J Merli

    February 21, 2021 at 12:18 am

    If there was naked shorts. The SEC should be arresting people and taking them to court. The lack of regulation and compliance creates distrust in our markets. If the SEC (U.S. government) was doing their job this should not have even happened.

  62. TWO WORDS.

    February 21, 2021 at 12:23 am

    Close your robinhood account and get on a real system

  63. Money Makers

    February 21, 2021 at 12:24 am

    can’t believe people still use crocking Hood,

  64. Terry Hayward

    February 21, 2021 at 12:26 am

    Boy she loves that power

  65. Mike C

    February 21, 2021 at 12:31 am

    Can’t answer yes or no question lol

  66. Rocky Daniel

    February 21, 2021 at 12:41 am

    Good grief-the B team going after these clowns

  67. TJ Griffin

    February 21, 2021 at 12:42 am

    I don’t know why Congress even bothers with talking to these kinds of hearings. All people do is skate around answers

  68. TLR Eclipse

    February 21, 2021 at 1:09 am

    Only person who answered the questions quickly and honestly is not a Cat.

  69. Jerry Ware

    February 21, 2021 at 1:15 am

    Outlaw order flow payments.

  70. Gold Guilder

    February 21, 2021 at 1:16 am

    The Congress isn’t letting RobinHood answer to its complete answer.

  71. oesqued

    February 21, 2021 at 1:16 am

    Robinhood is fundamentally no different than other online brokers. I choose based on the reliability of the institution that offers the service rather than popularity.

  72. Michael Robinson

    February 21, 2021 at 1:22 am

    Frauds. Blatant frauds.

  73. Utopia Light

    February 21, 2021 at 1:28 am

    Stock market is a gamble. People should go in and not expect any consequences

  74. BlazinNSoul

    February 21, 2021 at 1:29 am

    All I want to know is where is the cat? 🐈

  75. Pierce

    February 21, 2021 at 1:29 am

    These congressional hearings are pointless. Not picking up for anyone here, but the limited time doesn’t allow anyone to give a straightforward yes or no because some of the questions can pigeonhole someone into an answer that requires more depth and context before the answer can be judged. Take for instance at 2:34, the guy at Citadel is explaining WHY one sale would get preference over the other. I think it’s important to note before he says which party gets preference as it could make it seem like Citadel is being shady.

    Again, not advocating for anyone, but a hearing is where people should be heard, not shut down because someone needs to reclaim their time.

  76. David Kattan

    February 21, 2021 at 6:51 pm

    Now this women is for the people! God bless her and give a long and promising career.

  77. Santiago Lopez

    February 21, 2021 at 6:55 pm

    Stupid old maxine.

  78. Santiago Lopez

    February 21, 2021 at 6:57 pm

    They caught and they exposed. Robinhood and walls street

  79. GeneralGhandi

    February 21, 2021 at 7:02 pm

    We’re sorry.. SOrry

  80. tickettothemoon

    February 21, 2021 at 7:21 pm

    The basic problem here is that these politicians don’t understand who the ACTUAL customer is and who the ACTUAL product is.

  81. Black Bass

    February 21, 2021 at 7:23 pm

    Steal from the poor and give to the rich! That’s not the story of Robinhood

  82. frannelk

    February 21, 2021 at 7:38 pm

    Answer yes or no… Interesting.. Welcome to the inquisition 2.0

  83. Carlos Rosales

    February 21, 2021 at 7:54 pm

    Chewbacca defense at its finest

  84. CrzyLion

    February 21, 2021 at 8:12 pm

    how are you supposed to ever believe this is not a hoax when they have time alloted to them to ask questions like its kids in a class questioning a guest speaker…

  85. VinzKyc Music

    February 21, 2021 at 8:29 pm

    Caught cheating to my Wife
    Me:I appreciate the opportunity to address that.

  86. ok va

    February 21, 2021 at 8:40 pm

    the smirk while he says hes committed to being better really sums it up

  87. Fresh Pineapple77

    February 21, 2021 at 9:04 pm

    Shut down robinhood and lock everybody up that works for them or help them financially!

  88. Philip Caddick

    February 21, 2021 at 9:34 pm

    Look at those sleepy puppy dog eyes, she’s really milking this.

  89. Matty B Adventures

    February 21, 2021 at 10:21 pm

    Genius AOC at it yet again

    • Julianne Annie

      February 22, 2021 at 1:28 am

      Great video ✅From a technical point of view, the RSI looks promising in favor of the bulls, as the daily RSI is at the bullish territory above 50 (after reversing earlier today). At the same time, the Stochastic RSI oscillator is about to make a bullish crossover at the oversold area. In case this happens, it might assist the market in reaching higher highs. Lots of investors will do so well in the next bull market but you shouldn’t be of the mindset to only Hodl, which i see as an odd and old method to make profit because it can be very dangerous when the markets retracts. As hard as it is ƚradıภg Cryptos, it sure is way more lucrative and its’ quite logical if you just learn & pay attention to what’s going on, I’m not a pro ƚгadēг but I was lucky enough to make 120k usd Bitcoin worth since late year following the instructions and sιǫnals from results, Mr. Carlos. He has a trading community where you can meet other investors as yourself and to learn how ƚradıภg crypto works, helping them utilize the volatility of the crypto market to make profits daily. You can easily get to him 𝚠нαтαѕαρρ+19715122836 and Instagram @carlos_andrewfx…

  90. Faiyaz

    February 21, 2021 at 10:24 pm

    Are you a doctor Yes or No.
    I’m Jill Biden
    Yes or no

  91. Bit Poppa

    February 21, 2021 at 10:27 pm

    Get ’em

  92. romans1vs6teen

    February 21, 2021 at 10:33 pm

    A politician demanding a yes or no answer….. the irony!

  93. Lonnie Satterfield

    February 21, 2021 at 10:41 pm

    This congressman must be a Democrat since he is making so much of this “reclaiming my time” garbage. Just let him admit that he’s probably not near as sharp as this guy.

  94. Albus_ G

    February 21, 2021 at 10:49 pm

    If you ganna filibuster you should run for senate. LMAO

  95. Shackattack85

    February 21, 2021 at 10:50 pm

    The feds don’t like competition when it comes to pump and dumping and stock manipulation!

  96. morgan ghetti

    February 21, 2021 at 11:44 pm

    Lots of talking. Nothing will happen to these people.

  97. Moe Reese

    February 22, 2021 at 12:18 am

    Vlad needs to go to jail.

  98. David Cobos

    February 22, 2021 at 12:33 am

    His parents worked for the world bank

  99. Lee K

    February 22, 2021 at 1:21 am

    Terrifying that this is the best congressional committee that we can come up with to enforce laws or to investigate problems in our financial market laws. The rep from Guam, and Anthony Gonzales get it, maybe a couple of others.

  100. Julianne Annie

    February 22, 2021 at 1:26 am

    Great video ✅From a technical point of view, the RSI looks promising in favor of the bulls, as the daily RSI is at the bullish territory above 50 (after reversing earlier today). At the same time, the Stochastic RSI oscillator is about to make a bullish crossover at the oversold area. In case this happens, it might assist the market in reaching higher highs. Lots of investors will do so well in the next bull market but you shouldn’t be of the mindset to only Hodl, which i see as an odd and old method to make profit because it can be very dangerous when the markets retracts. As hard as it is ƚradıภg Cryptos, it sure is way more lucrative and its’ quite logical if you just learn & pay attention to what’s going on, I’m not a pro ƚгadēг but I was lucky enough to make 120k usd Bitcoin worth since late year following the instructions and sιǫnals from results, Mr. Carlos. He has a trading community where you can meet other investors as yourself and to learn how ƚradıภg crypto works, helping them utilize the volatility of the crypto market to make profits daily. You can easily get to him 𝚠нαтαѕαρρ+19715122836 and Instagram @carlos_andrewfx.

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