President Joe Biden speaks Wednesday at his inauguration. (Photo: Kevin Dietsch/Bloomberg)
On the first day of his administration, President Joe Biden pledged "to take a historic number of actions to deliver immediate relief for families across America," including two that could affect the clients of financial advisors: extending the moratorium on federal student loan payments through September and a review of the Labor Department's regulation limiting the use of ESG-focused investments in defined contribution retirement plans.
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Bernice Napach
Bernice Napach is a senior writer at ThinkAdvisor covering financial markets and asset managers, robo-advisors, college planning and retirement issues. She has worked at Yahoo Finance, Bloomberg TV, CNBC, Reuters, Investor's Business Daily and The Bond Buyer and has written articles for The New York Times, TheStreet.com, The Star-Ledger, The Record, Variety and Worth magazine. Bernice has a Bachelor of Science in Social Welfare from SUNY at Stony Brook.
