Hurdles Mounting for Deeply Divided House

<p>Huge challenges are looming as Capitol Hill inches its way back towards normal after the unprecedented ouster of the speaker of the House and a three-week search for his successor. On this episode of <i>WashingtonWise</i>, host Mike Townsend dives into how the recent chaos in the House and the emergence of a relative unknown may impact key policy issues. Mike offers his insight on the ever-present concern over a government shutdown, lawmakers' response to the president’s request for an emergency spending package to aid Israel and Ukraine, and how higher interest rates are fueling difficult decisions on the federal deficit. He also looks into the new White House executive order on artificial intelligence as well as the Federal Reserve’s decision to hold the interest rate steady. </p><p><i>WashingtonWise </i>is an original podcast for investors 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. All expressions of opinion are subject to changes without notice in reaction to shifting market, economic, and geopolitical conditions.  Data herein is obtained from what are considered reliable sources; however, its accuracy, completeness, or reliability cannot be guaranteed. Supporting documentation for any claims or statistical information is available upon request.</p><p>Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achi