Robinhood Blocking Users From Purchasing Certain Stocks Is So Universally Enraging That AOC And Ted Cruz Are On The Same Side Of An Issue, For Once

In an exceptionally rare move, Democratic Congresswoman Alexandria Ocasio-Cortez and Republican Senator Ted Cruz agree that there needs to be an investigation into the investment app Robinhood after it made a controversial decision to stop retail investors from buying GameStop stocks on Thursday morning. Citing “recent volatility,” Robinhood is restricting transactions for stocks that have been targeted by Reddit users. As of this writing, stocks like GameStop and AMC can’t be purchased, however, they can be sold. It’s this odd discrepancy that caught the attention of AOC who tweeted out a link to a Motherboard article on Robinhood’s abrupt move to control the chaotic market situation.

“This is unacceptable,” AOC tweeted. “We now need to know more about @RobinhoodApp’s decision to block retail investors from purchasing stock while hedge funds are freely able to trade the stock as they see fit. As a member of the Financial Services Cmte, I’d support a hearing if necessary.”

Not even ten minutes later, Cruz retweeted AOC with the message, “Fully agree.”