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Incoming U.S Senate Banking chairman plans hearing on stock market

Published 01/28/2021, 03:27 PM
Updated 01/28/2021, 03:30 PM
© Reuters. FILE PHOTO: Senator Brown rides the U.S. Capitol subway in Washington
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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.

© Reuters. FILE PHOTO: Senator Brown rides the U.S. Capitol subway in Washington

"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 (NYSE:GME) and other stocks attributed to social media-driven trading. [nL4N2K33F3

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