Bayley Havel Financial Group - Stifel

New York Governor Kathy Hochul announced a one-year moratorium on the construction of new "hyperscale" data centers. New York is the first state to impose such a ban, and it raises questions about whether other states will follow and what steps the federal government might take. In our view, state actions, like New York's, are more likely than federal ones, even if Democrats sweep the midterm elections.

Click here to read more in Potomac Perspective from Brian Gardner, Stifel's Chief Washington Policy Strategist: https://livesocial.seismic.com/a8pNHr

Trump's cancellation of the housing bill signing ceremony raises questions about constitutional options. Stifel's Chief Washington Policy Strategist, Brian Gardner discusses the potential courses of action and reiterates his expectation that the legislation will become law this year, even if the timing is uncertain. The prospects for the CLARITY Act have slipped as Senators failed to reach a breakthrough on the bill before a key date (the July 4th recess).

Read more in the full newsletter:https://www.stifel.com/newsletters/adgraphics/InSight/Potomac-Perspectives/2026/PP_062626.pdf