This report is current as of February 12, 2026

In these early days of 2026, we've already seen a number of policy and political developments that have directly impacted the markets, including the U.S. military operation in Venezuela, threats and negotiations over Greenland, and threats against the independence of the Federal Reserve. With 2026 being a midterm election year, the frenetic pace in Washington will likely continue.

In this update, we'll flag some key issues that RIAs will want to watch in the months ahead.

What is RIA Washington Watch?

Every quarter, RIA Washington Watch brings you the most up-to-date information on registered investment advisor news and policy changes to help your firm make informed decisions.

This report is current as of November 24, 2025

This report is current as of August 18, 2025

With a split Congress and razor-thin majorities in both House and Senate, Washington continues to be a hotbed of dysfunction. Both Democrats and Republicans are eagerly anticipating the election in less than six months, and neither party wants to give the other an advantage that could be used on the campaign trail. Yet Congress did manage to come together this spring to pass key federal spending bills—a reminder that, even in divisive times, bipartisan majorities can find their way to success.

October in Washington was certainly one for the history books. In the waning hours of September 30, Congress crafted a last-minute deal to fund government operations for six weeks, averting a government shutdown that would have begun on October 1. And that's when the chaos really started.