The frenzied trading of GameStop points to policy questions that lawmakers should examine, said White House Press Secretary Jen Psaki. “There is an important set of policy issues that have been raised as a result of market volatility in recent days, and we think congressional attention to these issues is appropriate and would welcome working with Congress,” Psaki told reporters at the White House on Monday. Psaki didn’t specify any needed policy changes and said she couldn’t comment on whether the White House has discussed any specifics with lawmakers. Retail investors rapidly drove up GameStop’s shares, squeezing hedge funds with large short positions in the company, in a twist that has grabbed attention on Wall Street and in Washington. But by Monday, after absorbing a $20 billion hit, bears appear to have started covering their GameStop positions in earnest amid a plunge in the stock. Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30 Connect with us on… YouTube: https://www.youtube.com/user/Bloomberg Breaking News on YouTube: https://www.youtube.com/c/BloombergQuickTakeNews Twitter: https://twitter.com/quicktake Facebook: https://www.facebook.com/quicktake Instagram: https://www.instagram.com/quicktake