Presidential Race Narrows While Government and Markets React to Coronavirus

Published: March 10, 2020, 10 a.m.

In this episode of WashingtonWise Investor, Mike Townsend begins by examining the U.S. response to the ongoing coronavirus crisis—discussing what Congress, the Fed, and the SEC are doing to blunt the spread of the virus and its impact on businesses and investors. He then sorts out the latest developments in the race for the Democratic presidential nomination and what they may mean for the remaining primaries and caucuses. He also considers the battle for control of Congress, weighing the likelihood of either the House or Senate majorities changing hands.

Finally, Mike offers insights on the SEC’s latest rebuff of a cryptocurrency product and the possibility of the Fed getting two new governors. 

Follow Mike Townsend on Twitter @MikeTownsendCS.

WashingtonWise Investor is an original podcast from Charles Schwab. For more on the series, visit Schwab.com/WashingtonWise.

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