Capitol Account

The Meme Stock Army Masses for a Lobbying Fight; GOP Digs Deeper on Climate

The meme stock frenzy of early 2021 may be off the front pages, but its legacy endures. On Wall Street, it has forced hedge funds to take seriously the power of retail investors after they banded together to send unloved stocks to the stratosphere, badly bruising some high-profile short-sellers. And at the SEC, the episode has prompted the most-ambitiou…