Market Commentary | First Published January 14, 2021

WashingtonWise Investor: Episode 32

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Dems Take Control, but No Carte Blanche for Biden

Democrats will have full control of Washington, but with a slim majority in the House and a 50-50 tie in the Senate, compromise will be required to move their priorities through Congress.

In this episode of WashingtonWise Investor, Mike Townsend focuses on the new balance of power in Washington and shares insights on the mechanics of such a narrowly divided Congress. He explores issues that are likely to be at the top of Biden’s policy agenda—from more COVID relief to tax increases—and the likelihood that the necessary consensus can be built to get them approved.  

WashingtonWise Investor is an original podcast from Charles Schwab.

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