Read the story here. Advertise at Before It's News here.
Profile image
Story Views
Last hour:
Last 24 hours:

Psaki Dodges Question On Treasury Secretary Recusing From Robinhood Debacle

% of readers think this story is Fact. Add your two cents.


By Cameron Kerkes -

Press Secretary Jen Psaki dodged a question Thursday on whether or not the newly sworn-in Treasury Secretary would recuse herself from the Robinhood debacle, after reports of her connections to the company.

Janet Yellen was given $810,000 for speaking fees during 2019-2020 from Citadel and other hedge funds. Citadel is a hedge fund owned by Ken Griffin, a major GOP donor.

Citadel was one of several firms that collectively paid Robinhood almost $100 million in the first quarter of 2020, Fortune reports.

Citadel helped bail out Melvin Capital after Melvin’s heavy losses following the GME and AMC stock surge, sustained by short-selling Gamestop and AMC, according to Yahoo Finance.

Robinhood halted the ability for users to buy Gamestop or AMC, giving investors only the option to sell on Jan. 28.

Nandita Bose at Reuters asked Psaki if Yellen’s connections to Robinhood would cause Yellen to recuse herself from the administration’s response. Psaki said the Biden administration has a broad economic team and that the SEC put out a statement.

“I don’t think I have anything more for you,” she added.

Psaki also mentioned Yellen was paid speaking fees for being “one of the world-renowned experts on markets.”

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact [email protected]

Psaki Dodges Question On Treasury Secretary Recusing From Robinhood Debacle is original content from Conservative Daily News – Where Americans go for news, current events and commentary they can trust – Conservative News Website for U.S. News, Political Cartoons and more.



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.