quote:
People have made and hedge fund guys have lost a tremendous amount of money over the past day. So much so there were talks about doing something to save them. So much so that they even asked Jen Psaki about it. Jen Psaki, typically, tried to paper over a non-answer with a lot of gobbledegook.
“Is the White House concerned about the stock market activity we’re seeing around GameStop and now some other stocks as well?” she was asked. “Have there been any conversations with the SEC about how to proceed?”
quote:
“Well, I’m also happy to repeat that we have the first female Treasury secretary and a team that’s surrounding her and often questions about markets,” Psaki answered.