
We recently hosted a virtual event with Charles Schwab’s Washington policy expert, Michael Townsend. Michael provided insights on the recent market volatility triggered by President Trump’s tariff announcements and the ongoing budget negotiations in Congress. He discussed the implications of the new universal 10% tariff on all imports and higher tariffs for countries with significant trade deficits, congressional responses to these measures, and the latest developments in the budget resolution process, including proposed tax cuts and spending adjustments. Stay tuned at the end of his talk to hear the live Q&A.