Biden will want to strengthen and expand the Affordable Care Act; however, he could face Senate opposition.
We expect Biden to be more supportive of free trade, even though Biden’s “Buy American” proposal does reflect protectionism.
Based on Biden’s campaign platform, long-term capital gains, currently taxed at 20%, would be taxed at ordinary income rates.
Companies should assess Biden's pledge to invest $1.7 trillion over the next 10 years toward the goal of achieving 100% clean energy.
It remains to be seen whether the transition to the Biden administration will have a significant impact on the private equity industry.