Topic: Jason Wu

Former hedge fund manager Martin Shkreli appeared before a House committee regarding the price hike of the drug Daraprim. Shkreli invoked his Fifth Amendment rights for nearly all questions, including those about his purchase of a rare Wu-Tang Clan album. Following the hearing, Shkreli insulted the committee members on Twitter, calling them "imbeciles."

The White House has appointed Angela Reed, a former manager at the Ritz-Carlton, as the new Chief Usher. In fashion news, Michelle Obama's appearance at Target wearing a Jason Wu dress is analyzed as a coordinated promotion for the designer's upcoming Target collection. The hosts suggest the First Lady is leveraging her position for commercial branding.