According to analysis from TD Cowen, the November 2026 midterm elections could become a major timing factor in financial regulation implementation. Jaret Seiberg highlights that policy changes might face delays extending into 2027, as electoral cycles typically shift political priorities and legislative agendas. This projection matters for market participants tracking regulatory developments. When election cycles dominate the political calendar, comprehensive financial frameworks often get postponed. The timing suggests stakeholders should prepare for extended regulatory timelines rather than expecting swift policy rollouts in 2026.