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Yellen to Meet Financial Regulators Thursday on Market Tumult

Feb. 4, 2021, 4:16 AM

Treasury Secretary Janet Yellen will meet with U.S. financial regulators on Thursday to discuss recent volatility in financial markets, making her first public effort to address the tumult involving GameStop Corp. shares and broker-dealer Robinhood Markets Inc.

Janet Yellen
Photographer: Shawn Thew/EPA/Bloomberg

Yellen will convene with the heads of the Securities and Exchange Commission, the Federal Reserve Board, the Federal Reserve Bank of New York and the Commodity Futures Trading Commission, the Treasury Department said in a statement late Wednesday.

The Biden administration and regulators have faced pressure in recent days to respond to the market frenzy. SEC investigators are combing social media and ...