Michael Townsend
Managing Director, Legislative and Regulatory Affairs Charles Schwab & Co., Inc.

About Michael Townsend

As Managing Director of Legislative and Regulatory Affairs, Michael is Charles Schwab’s Washington-based political analyst. With more than 28 years of Washington experience, he analyzes legislative, regulatory, and political developments to determine how they would affect individual investors, retirement plan participants, and investment advisers.

Michael is the host of Schwab’s WashingtonWise podcast, which explores the intersection between policy, politics, the markets, and the economy. He is a featured speaker at dozens of employee, client, adviser, and industry events each year, where he discusses the impact of the political and policy environment in Washington on investors and the capital markets.

Prior to joining Schwab in 2000, Michael worked at Powell Tate, Inc., a Washington, D.C., public affairs firm, and previously worked for two U.S. senators from Maine.

Get Michael’s perspective

Congress Averts Government Shutdown October 2, 2023 1:24 PM   |  

A surprising last-minute deal on Capitol Hill averted a government shutdown—for now. But lawmakers face a new mid-November deadline that will be just as tricky to navigate.

5 min read  |  Market News
Congress Clears Debt Deal, Averting Default June 2, 2023 11:02 AM   |  

With the clock ticking down to the June 5 government default date, lawmakers have no time to lose.

4 min read  |  Economic Trends
Congress Races to Pass Debt Ceiling Deal June 1, 2023 2:05 PM   |  

With the clock ticking down to the June 5 government default date, lawmakers have no time to lose.

4 min read  |  Economic Trends
Debt Ceiling: House Bill Passes, Impasse Continues April 28, 2023 1:31 PM   |  

Although the House narrowly approved a bill designed to jumpstart negotiations, the issue is far from resolved.

5 min read  |  Economy

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