Worldwide: Fiscal & Monetary Policy

Our Legislative & Public Policy team is pleased to provide the May 2026 edition of Capital Snapshot, which includes a monthly summary of the issues, events, and timelines driving federal policy and political decisions.

International tax reform in 2026 introduced structural changes that affect how global income is classified, included, deducted, and limited.

As Iowa's June 2nd primary election approaches, campaign finance disclosures reveal stark fundraising disparities across gubernatorial, congressional, and statewide races. Democratic gubernatorial candidate Rob Sand has amassed over $18 million in cash reserves, dwarfing his Republican challengers, while competitive U.S. Senate and House races show tight financial margins that could determine control of key legislative seats.

After years of false starts, the federal government has finally moved on cannabis rescheduling — at least partially. On April 23, 2026, the Department of Justice issued...

The U.S. Department of Justice and DEA have rescheduled FDA-approved and state-licensed medical marijuana products to Schedule III, marking a historic shift in federal drug policy.

Explore critical insights across multiple sectors including Middle East construction challenges amid regional conflict, the intersection of financial reporting valuations and tax compliance, large-scale financial remediation strategies for overdraft fee disputes, and strategic healthcare real estate investment forecasts for 2026. These analyses examine how geopolitical uncertainty, regulatory scrutiny, and evolving market dynamics shape business decisions and operational strategies.

The Business Council of Canada (BCC) today announced the findings of an extensive consultation on the future of the country's fiscal policy in anticipation of the upcoming federal budget.

Bill 50, the Municipal Affairs Statutes Amendment Act, 2025, received royal assent on May 15, 2025, introducing amendments to the Municipal Government Act (MGA).

This article examines the regulatory framework established by the EU's Markets in Crypto-Assets Regulation (MiCA) through a thorough exploration of two of its foundational...