Fact Check: Is Jen Psaki's Husband or Brother a Citadel Portfolio Manager?

Speculation on Twitter has drawn an alleged connection between White House Press Secretary Jen Psaki and a portfolio manager at the Citadel hedge fund.

Citadel the hedge fund is a separate business from Citadel Securities, a market maker.

Citadel Securities gained national attention as one of the market makers that executes trades for the Robinhood app as questions emerged about Robinhood's decision to restrict certain trading activity amid the short squeeze of GameStop stock by users on Reddit.

Citadel Securities and Robinhood issued public statements that Citadel Securities had no role in the decision, which Robinhood has since said was driven by regulatory capital requirements.

Additionally, it was reported in January that now-Treasury Secretary Janet Yellen made $810,000 in speaking fees from Citadel before she took office, according to documents from the Treasury Department Office of Government Ethics.

My apologies everyone. It was not her husband, but either her father or brother....https://t.co/owtWnjkkJp

— It's Different this Time (@OdiousDebt) January 29, 2021

The Claim

Twitter users have drawn a connection between Psaki and a Citadel employee named Jeff Psaki, claiming that they are husband and wife or brother and sister.

The speculation of Jen and Jeff's relationship began after people worried about a conflict of interest between Yellen, and later Psaki, when advising President Joe Biden on the GameStop situation.

In a press conference, a reporter asked Psaki if there were plans for Yellen to "recuse herself from advising the president on GameStop and the whole Robinhood situation."

Psaki responded by referring to a statement put out by the SEC and the "broad economic team" on the Treasury Department.

Jen Psaki's brother Jeff Psaki is literally a portfolio manager at Citadel.

It's all too conspicuous.

Now the possible whistle-blower claiming that Citadel and WH commanded RH to stop the buys, doesn't seem so preposterous.#SECInvestigationTime https://t.co/lSVDdzimhs pic.twitter.com/9tXKh4ReBI

— $Reina Nakamoto 🕊 (@mindstatex) January 29, 2021

The Facts

Jen Psaki is not married to Jeff Psaki. She's married to Gregory Mecher, a Democratic political adviser she met in 2006. She decided to keep her maiden name.

According to a wedding announcement in the New York Times in 2010, Psaki's father, James Psaki, is a retired real estate developer.

In a statement to Newsweek, a source close to Jeff said Jen and Jeff Psaki are distant second cousins but have no relationship and have never met or spoken to each other. A source close to Jen Psaki confirmed that Jen does not have a relationship with Jeff and has no plans to start one.

The Ruling

False.

Jen and Jeff Psaki are not married nor are siblings. According to sources close to both, they are distant relatives with no prior relationship.

jen psaki sign language interpretation MAGA
Twitter users have drawn a connection between White House Press Secretary Jen Psaki and a Citadel employee named Jeff Psaki, claiming that they are husband and wife or brother and sister. Alex Wong/Getty