Biden economic adviser: The White House will review the “GAMESTOP” stock transaction

U.S. President Biden’s senior economic adviser said in an interview with the media on January 31 local time that the Biden administration would investigate the legal issue of last week’s “GameStop” roller coaster stock trading.

“The committee is committed to a comprehensive understanding of what’s happening, with a focus on protecting retail investors and fair trading to detect and track down potential violations,” said Brian Deese, chairman of the National Economic Commission, told NBC News.

Last week, the share price of “Game Post” once hit an all-time high of $492, and then fell to about $325 on the 29th. Its share price was as low as $3.30 per share in 2019.