The Briefing Room
General Category => Economy/Business => Topic started by: Hoodat on January 28, 2021, 10:04:28 pm
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Yellen received $800G from hedge fund in Gamestop controversy; WH doesn't commit to recusal
Sam Dorman, Fox News | Published 2 hrs ago
Newly-confirmed Treasury Secretary Janet Yellen received around $810,000 in speaking fees from the hedge fund that bailed out one of the primary losers in the recent Gamestop frenzy.
Yellen's financial disclosure shows her making $337,500 for multiple days in Oct. of 2020 from Citadel. She similarly banked $292,500 in October of 2019 and $180,000 in December of that year.
The Senate confirmed Yellen on Monday, making her the first female secretary of the department. She previously chaired the Federal Reserve after an appointment by former President Obama.
https://www.foxnews.com/politics/yellen-robinhood-citadel-gamestop-speaking-fees (https://www.foxnews.com/politics/yellen-robinhood-citadel-gamestop-speaking-fees)
Looks like the hedge fund folks will be getting favorable treatment from the current administration.