$1.5T Spending Bill Passed, SEC Votes On Climate Change Disclosures

Published: March 15, 2022, 8:30 p.m.

b'Mike Townsend, Vice Presidents of Legislative and Regulatory Affairs at Charles Schwab explains the $1.5T spending bill passed by the House. He says this is normal spending but also includes $13.6B aid to Ukraine. It was supposed to be passed in October 2021, but just got passed now, he explains.\\xa0He gives his thoughts on upcoming spending bills. He says the Democrats would like to pass things to address rising prescription costs and childcare. Lastly, he discusses the SEC proposal for climate change disclosure.'