Michael Townsend Managing Director, Legislative and Regulatory Affairs, Charles Schwab & Co., Inc. Recent articles Market Commentary Will Taxes Rise for the Wealthy? by Michael Townsend, Hayden Adams September 16, 2021 House Democrats have proposed a higher top individual tax rate and changes to the capital gains tax. Both are a long way from becoming law. Market Commentary Washington Watch Five Names for Investors to Know in the New Administration by Michael Townsend January 20, 2021 Their decisions in the coming months could have an impact on the markets and investors.