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

FILE PHOTO: Senator Sherrod Brown (D-OH) rides the U.S. Capitol subway in Washington, U.S., February 4, 2020. REUTERS/Erin Scott

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

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