2/1/2021, 6:55 PM (Source: TeleTrader)
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Psaki: Recent market volatility raised issues

The recent volatility on the stock market has raised certain issues that deemed the "congressional attention appropriate," White House Press Secretary Jen Psaki asserted on Monday.

During a daily press conference, Psaki stressed that the White House doesn't want to get in the way of the US Securities and Exchange Commission (SEC), as the topic at hand falls within its jurisdiction, but added that the Biden administration is willing to "work with Congress moving forward as we dig into these further policy issues."

She concluded that representatives from both ends of the political spectrum have approached the White House officials with "interesting ideas" but noted that "there is nothing that can be said on the record" at the moment.

Baha Breaking News (BBN) / BU