WASHINGTON (Reuters) – Incoming Senate Banking Committee Chairman Sherrod Brown said on Thursday that he plans to hold a hearing on the current state of the U.S. stock market.
“People on Wall Street only care about the rules when they’re the ones getting hurt,” Brown said in a statement. His statement followed dramatic swings this week in prices of shares of GameStop and other stocks attributed to social media-driven trading. [nL4N2K33F3
(Reporting by David Shepardson; Editing by Leslie Adler)