Robinhood CEO defends actions in GameStop saga at hearing

WASHINGTON – Key players in the GameStop saga are testifying to a House committee Thursday. Lawmakers are examining whether the wild swings in the stock price of the video game retailer exposed conflicts in the market’s structure that can hurt unsophisticated investors.

The episode has been portrayed as a victory of the little guy over Wall Street titans, but not everyone is buying it. Lawmakers from both parties are among the skeptics.