White House Is ‘Monitoring’ Gamestop, Market Short Squeeze

White House Is ‘Monitoring’ Gamestop, Market Short Squeeze
White House press secretary Jen Psaki conducts her first news conference, in Washington on Jan. 20, 2020. Chip Somodevilla/Getty Images
Jack Phillips
Jack Phillips
Breaking News Reporter
|Updated:

Following several days of significant short squeezes of stocks such as Gamestop, AMC Entertainment, BlackBerry, and others, the White House is looking into the situation.

White House press secretary Jen Psaki said that the administration and Treasury Secretary Janet Yellen are both “monitoring the situation.”
Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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