5 chapters across the catalog
Governor Greg Abbott announced plans for a new Texas Stock Exchange (TXSE) backed by $120 million from investors like BlackRock and Citadel. The exchange aims to provide a venue for companies frustrated by the "woke" compliance and diversity requirements of the NYSE and NASDAQ. The hosts joke about taking the No Agenda Show public on the new exchange.
The hosts analyze the financial backing of Ron DeSantis by Ken Griffin of Citadel LLC, suggesting this gives DeSantis independence from Donald Trump. They examine DeSantis's victory speech where he declared Florida as the place "where woke goes to die." The discussion touches on Trump's refusal to denounce vaccines as a potential wedge for his base.
Financial analysts on CNBC and former SEC officials have criticized the GameStop surge as a "platform-created frenzy" that harms the market. In response, the Robinhood trading app restricted purchases of GameStop, AMC, and 48 other stocks, citing liquidity issues and market volatility. This move sparked outrage among retail investors who accuse the platform of protecting hedge funds like Citadel.
The White House has been cautious in its response to the GameStop situation, with Press Secretary Jen Psaki stating the economic team is monitoring the "market volatility." Critics have pointed out a potential conflict of interest, noting that Psaki's brother works for Citadel, one of the firms involved in the controversy. Retail investors continue to hold their positions, using the term "diamond hands" to signal their refusal to sell.
Analysis of Ruth Bader Ginsburg's judicial career focuses on her reputation for dissenting opinions and her work on gender equality, specifically the Citadel case. Critics argue her status as a liberal icon and "The Notorious RBG" overshadowed a mediocre legal record compared to Sandra Day O'Connor. Public reactions range from deep mourning to calls for a strict constitutionalist successor.
