Janet Yellen accepted $810,000 in speaking fees from Citadel, owner of Robinhood.
Reporter: Are there any plans to recuse herself from advising the President on GameStop and Robinhood situation?
Psaki: âNo and sheâs an expert and deserves that money.â
Reporter: Are there any plans to recuse herself from advising the President on GameStop and Robinhood situation?
Psaki: âNo and sheâs an expert and deserves that money.â
Citadel is an investor in Melvin Capital, which shorted GME and got flattened by redditors. Citadel is also Robinhood's biggest customer. They buy your user data from Robinhood and use it to profit from your trades before you make them.
Here is more on the Citadel â Melvin Capital â Robinhood relationship. https://thenationalpulse.com/news/yellen-made-millions-speaking-to-wall-street/
A very informative thread about Robinhoodâs previous lawsuits and fines and why the relationship with Citadel is important. https://twitter.com/thehmbohnes2/status/1354892600394866695