Rep. Ted Budd: 'Really insulting' that Democrats think retail investors are 'dumb money'

Image
In photo illustration the Reddit logo on displayed on phone
In photo illustration the Reddit logo on displayed on phone
(Avishek Das/SOPA Images/LightRocket via Getty Images)

Rep. Ted Budd (R-NC) says that what was seen with users on Reddit and Robinhood regarding the GameStop stock "is that retail investors are really smart and they're a force to be reckoned with. And it's not just Wall Street that's in control, it's also the retail investors."

Just the News Spotlight