How it works
The data you need, all in one place.
Get an edge on the competition with real-time political and regulatory data at your fingertips. Gain invaluable, forward-thinking insights through market-focused analysis and data. With the FiscalNote platform, you can anticipate risk from legislation and regulation, keeping pace with the increasingly complex effects of state and federal governments. Request a demo to learn more!
Become notified in minutes.
By combining real-time policy and political data with timely alerts and notifications, FiscalNote Markets helps you quickly recognize and react to inflection points.
Learn more about straightforward “events to watch” and predictive analysis that keep you up to speed amid the constant information flow in this dynamic political climate.
Access Industry expertise.
Take your fundamental investment research to the next level. Deep-dive into your portfolio and investments with our analysts’ best-on-the-Street sector expertise and get access to comprehensive coverage of multiple political and regulatory risk venues such as courts, statehouses, Congress, and federal and state regulators.
Ready to see for yourself?
Meet our analysts
Katie Bays, Managing Director
Katie Bays has a reputation for offering best-in-class insight into regulatory risks faced by electric utilities, midstream and LNG companies, and upstream oil and gas producers. Her experience and deep relationships with state and federal policy makers give her a unique edge in offering predictive insight and analysis of political, regulatory, and legal catalysts.
Katie began her career at the Energy Information Administration, where she developed a robust understanding of North American energy and power markets. She expanded upon her experience as an associate at Energy Ventures Analysis, an energy-focused economic consulting firm in Rosslyn, Virginia.
Stefanie Miller, Managing Director
Stefanie Miller leads the politics, trade, tobacco, and cannabis research coverage areas. For more than a decade Stefanie has covered regulatory risk to the economy, the financial markets, and to specific sectors therein. Most recently at Sandhill Strategy, which Stefanie co-founded with Katie, Stefanie’s best-in-class research hit on a wide range of policy areas, including Washington’s response to the COVID-19 pandemic, the U.S.-China trade war, and the Administration’s ban of flavored e-cigarettes
Stefanie’s initial foray into political analysis for a Wall Street audience focused on Congressional passage of TARP, the Affordable Care Act, and Dodd-Frank, as well as Congress’s failed attempt at cap-and-trade policy in 2007-2010. Since then, Stef’s research has looked at Congressional tax reform and healthcare repeal efforts of 2017; ongoing Administration, Congressional, and state regulatory actions impacting the tobacco and cannabis sectors; and recent Congressional scrutiny of the Big Tech industry, among others. Stefanie appears frequently as a commentator on CNBC and Bloomberg TV and is quoted regularly in financial press. She received her MBA from Georgetown University and her BA in Economics and Political Science from the University of Nebraska.
About Sandhill Strategy and FiscalNote Markets
Bays and Miller founded their firm Sandhill Strategy in 2019 to provide institutional investors with predictive, rigorous, and unbiased regulatory and political risk analysis. Both women served as frequent contributors to major media channels and spoke regularly to large groups of investors and companies regarding dynamic political and regulatory risk.
In 2020, Sandhill joined forces with the world-class team at FiscalNote and relaunched its products under the name FiscalNote Markets.
FiscalNote Markets is provided by Sandhill Strategy LLC, an investment adviser registered with the District of Columbia. Click here for full disclosures.