President Joe Biden on Friday called on Congress to give regulators greater power over the banking sector, including leveraging higher fines, clawing back funds and barring officials from failed banks, according to a statement released by the White House.
GameStop, AMC Surge Evokes 2021 Meme Stocks Saga
Shares of GameStop and AMC jumped nearly 40% each in premarket trading Tuesday, and are on track to extend gains from a day earlier when