Washington: What to Watch Now

Published on May 29, 2026

Kevin Warsh was officially sworn in as 17th Federal Reserve chair on May 22. Warsh is likely to build consensus at the Fed rather than push for aggressive action to cut rates.

Continue reading on website
Other news

The U.S. Government Just Became a Quantum Investor

May 29, 2026
The U.S. government’s decision to invest $2 billion directly into nine quantum-computing companies through minority equity stakes—not just grants—signals a major shift toward treating quantum as a strategic commercial industry, with potential implications for investors seeking targeted exposure through funds like the WisdomTree Quantum Computing Fund (WQTM).

US Department of Labor issues 4 opinion letters addressing overtime exemptions, bonuses, compensable time

May 29, 2026
WASHINGTON – The U.S. Department of Labor’s Wage and Hour Division today issued four opinion letters designed to promote clarity, consistency, and transparency in the application of federal wage and hour standards under the Fair Labor Standards Act.The opinion letters provide official written interpretations from the division that address real-world questions from individuals, companies, or organi