Ocasio-Cortez Slams Ted Cruz Over Robinhood Stock-Trading Restrictions

Congresswoman Alexandria Ocasio-Cortez has taken aim at Senator Ted Cruz over his criticism of Robinhood's decision to restrict trading in certain stocks. The New York Democrat, known as AOC, accused Cruz of nearly having her 'murdered' during the January 6 Capitol violence and suggested that he sit out any efforts to work together on the issue.

In a tweet, Ocasio-Cortez said she was 'happy to work with Republicans on this issue where there's common ground, but you almost had me murdered 3 weeks ago so you can sit this one out.' The comment was in response to Cruz's statement that he shared her concerns about Robinhood's restrictions on a grassroots campaign to buy GameStop stock.

Ocasio-Cortez has been a vocal critic of Robinhood's decision to restrict trading in certain stocks, saying it disproportionately affects retail investors. She has also accused the company of helping hedge funds and other short sellers at the expense of individual buyers.

In response to Cruz's criticism, Ocasio-Cortez said she would not apologize for her comments, citing a quote from Cruz that she claimed was different from what he actually said. She also reiterated her support for working with Republicans on issues where there is common ground.

The issue has pitted hedge funds and other short sellers against retail buyers, many of whom are motivated by commentary on social media sites such as Reddit. Robinhood and online brokerage Interactive Brokers restricted trading in several social media-driven stocks that had soared this week.

Tesla Chief Executive Elon Musk also backed Ocasio-Cortez's criticism on Twitter, responding 'absolutely' to her criticism of Robinhood. A Robinhood spokeswoman declined to comment on the lawmakers' criticism.

The controversy has sparked a heated debate over the role of social media in shaping financial markets and the impact of restrictions on individual investors. As the issue continues to unfold, it remains to be seen whether Ocasio-Cortez and Cruz will be able to find common ground on the matter.

Aoc and tes cruz