Republican Congressman Patrick McHenry wants everyone to slow down before rushing to push new regulation in the wake of the GameStop trading frenzy. "It's premature," McHenry, the ranking member on the House Financial Services Committee, told reporters during a call Thursday before the GameStop hearing. Maxine Waters, the chairwoman of the House panel, told CNN Business she plans to hold multiple hearings on GameStop. (Flash back to Mark Zuckerberg explaining Facebook basics to members of Congress…)46 min ago5 questions the GameStop hearing should answerFrom CNN Business' Julia HorowitzToday's hearing is sure to be a spectacle. 48 min agoKeith Gill: My investing videos on GameStop were for 'educational purposes only'From CNN Business' Clare Duffy

Source: The Nation February 18, 2021 16:52 UTC