Key Biden Picks Who Could Move the Markets

<p>In this episode of <i>WashingtonWise</i> <i>Investor</i>, Mike Townsend looks at President Biden’s picks for five administration posts and offers insights on how their decisions could impact the markets and your finances. He also discusses the mechanics of how a 50-50 Senate will work, examines the effort to balance confirming Cabinet nominees with preparations for the second impeachment trial, and scours for signs of bipartisanship as lawmakers try to hammer out another COVID relief package. Finally, he offers perspective on how a key senator’s announced retirement is a sign of frustration with a hyper-partisan Congress—but could be a good sign for retirement savings legislation.</p><p><i>WashingtonWise Investor</i> is an original podcast from <a href="https://www.schwab.com">Charles Schwab</a>. For more on the series, visit <a href="https://www.schwab.com/WashingtonWise">Schwab.com/WashingtonWise</a>.</p><p>If you enjoy the show, please leave a ★★★★★ rating or review on <a href="http://getpodcast.reviews/id/1478013779">Apple Podcasts</a>. </p><p><strong>Important Disclosures</strong></p><p>The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.</p><p>The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision.</p><p>All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.</p><p>All corporate names are for illustrative purposes only and are not a recommendation, offer to sell, o