Letter to WMATA in response to proposed budget cuts

Letter to WMATA in response to proposed budget cuts

Members of the Board of Directors, Washington Metro Area Transit Authority (WMATA):

The Greater Washington Board of Trade urges you to reconsider the significant cuts proposed for the fiscal 2022 budget. Any of these reductions, individually or in combination, would dramatically stymie both near-term economic recovery and long-term economic growth. In particular, these cuts would adversely impact the essential workers we all rely on and further widen the region’s stubborn opportunity gaps and racial inequities.

We recognize the extraordinary financial challenges facing WMATA resulting from decreased ridership since the onset of the COVID-19 pandemic. Options are limited, we know. The two federal stimulus programs passed in 2020 provided sufficient funds to stabilize WMATA’s budget through fiscal year end 2021. And now it appears that additional funds will be available to carry through to the end of the 2022 fiscal year. This is great news for the public transit system that serves the national capital region, and our home, yet it’s not a long-term, sustainable approach for reliable day-to-day operations, system expansion and necessary capital expenditures. For example, even prior to current shortfalls, WMATA faced significant funding and strategic challenges.

The Board of Trade continues to support your efforts as we have since Metro’s inception. We have advocated for Metro’s growth, federal and local funding and more; including the founding of MetroNow to help secure long overdue dedicated funding in 2018. Now that our region looks to emerge from the pandemic, we should take this opportunity to reimagine the future of WMATA and public transit. Recognizing the outsized role that buses have played of late – this service made essential work possible throughout the pandemic and carried two to three times as many customers as rail – implementing the regional Bus Transformation Project is a good place to start.

Our economy continues to diversify away from the federal employment base for which Metro was originally designed. A growing population, new businesses and emerging technologies require us to think anew about goals for how WMATA will provide reliable, safe, and convenient regional mobility. And perhaps most importantly, how might we move the system away from the need to consider service cuts during challenging times. Pre-pandemic, transit only captured 3% of the 17 million daily trips in our region – mostly work trips – opening the door to look beyond the commute as a construct for the future. We look forward to working with all of you and WMATA’s management team to explore ways to do better.

Thank you for all you do to make our region more competitive, help decrease the use of single-occupancy vehicles and enhance our quality of life and for considering our position on this important matter. Metro stimulates regional economic opportunities and is a linchpin in the region’s economy. We must find ways to grow not shrink Metro.

Sincerely,

Jack McDougle
President & CEO
Greater Washington Board of Trade

Understanding the Opportunity Divide and its Impact on Corporate America

Millions of hard-working Americans lack access to good jobs and career pathways while at the same time, many employers struggle to hire the talent they need to succeed. This is referred to as the “Opportunity Divide.” At a national level, this dynamic is threatening US economic competitiveness. At the local level, many talented individuals are excluded from opportunities to build a long-term career and financial security. In this webinar, experts explored the perceptions, policies, and practices that often exacerbate the Opportunity Divide and begin to explore how your organization can be a driver for change.

PRESENTERS & MODERATORS

  • Ronda Thompson, Chief Diversity Equity & Inclusion Officer, Grads of Life
  • Krysta Sadowski, Director of Advisory Services, Grads of Life

PANELISTS

  • Rae Vann, Shareholder, Carlton Fields
  • Ken Jenkins, Business Development at NFP
  • Rebecca Shambaugh, President and CEO, SHAMBAUGH Leadership

Webinar Recording

Summary

Videos shown in the presentation from Grads of Life:

  • The “Opportunity Divide” impacts individuals and employers. On one side of the divide are individuals without traditional career pathways (for example, they may not have the opportunity to go to college). On the other side are employers who have roles, typically “middle-skill” roles, that they struggle to fill.
  • “Opportunity Talent” are those individuals who lack traditional career pathways but do posses unique skills and the desire to work. They may be young people not in higher education, people with disabilities, or the formerly incarcerated.
  • Companies are most successful in their diversity, equity, and inclusion (DEI) efforts when the very highest levels of leadership support and advocate for it. Companies should identify executives who are responsible for DEI outcomes and provide resources and businesses processes to support them.
  • Ken Jenkins of NFP said that the most the most critical step is to define the relationship between the DEI advisory board and the executive leadership team and the governance model. The company should decide if the DEI advisory board is a recommending body or a decision-making body, and how changes will be reviewed and implemented. Establishing a strong structure ahead of time ensures that DEI efforts are fully supported by the organization.
  • It is important that companies have structures in place to hold executives accountable for DEI outcomes. As Rebecca Shambaugh of Leadership put it, “What gets measured gets done.” Companies should track their DEI performance with quantifiable metrics and data, and make outcomes an expected part of executive performance.
  • It is also important that executives understand how their employees are experiencing work. One way to do this is to go on a listening tour and create a space where employees can share their needs and concerns. Black employees often report unfair disadvantages, such as not being given the same levels of constructive feedback or opportunities to build visibility in their organization.

About the Racial and Social Equity Webinar Series

The Greater Washington Board of Trade’s Racial and Social Equity Webinar Series will provide business leaders across the region the knowledge and tools they need to build more diverse, inclusive, and equitable organizations. It will help leaders identify drivers of inequity and injustice and take concrete steps towards being agents of positive change.

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What to Expect in the Biden Administration’s First 100 Days

The Biden Administration is now underway and moving quickly to enact a new policy agenda. In this webinar, a panel of experts discuss Biden’s early moves on pandemic response, economic recovery, and more.

Moderator: Evan Kraus, Managing Director & President of Operations, APCO Worldwide

Speakers: 

  • Dr. J. Stephen Jones, President & CEO, Inova
  • Evelyn Lee, President, Greater Washington Region, SunTrust Bank now Truist
  • Chris Scribner, Senior Policy Advisor, Venable, LLP
  • Dr. Kavita Patel, Physician and Health Policy Expert

Watch the Recording

Preparing for the 59th Presidential Inauguration

Following is a letter to Board of Trade members and friends from our President and CEO, Jack McDougle:

Washington, DC will host the 59th Presidential Inauguration on January 20, 2021 under extraordinary circumstances that none of us could have imagined. As during past Inaugurations and even more so this year, we are in close contact with the Secret Service, FBI, DC Homeland Security and Emergency Management, and other agencies to monitor security procedures and other issues. As you might imagine, the situation is constantly evolving, and officials are striving to adjust as needed. Over the next week, we encourage everyone to err on the side of caution across the region, especially in downtown DC.

Please stay close to your preferred news sources and, if you have not already, visit inauguration.dc.gov or text INAUG2021 to 888-777 for real-time updates from the DC government on public safety, street closures, weather alerts, transit updates, and more. 

A few updates:

  • Beginning at 6:00 am this Friday, January 15, all parking garages in restricted zones will be inaccessible. Any vehicle still in a garage or loading zone after this time must remain there until after the Inauguration. Restricted zones include the White House Zone (19th to 14th Streets NW and K Street to Constitution Ave). More street closures and restricted zones will be announced later. Visit inauguration.dc.gov/closures for the latest.
  • Metro will close 13 stations (11 beginning Friday and an additional two on Saturday) in downtown DC through the Inauguration. Read the announcement for more details. 
  • Mayor Bowser, Governor Northam, and Governor Hogan are asking people not to attend the Inauguration or travel to downtown DC. Most events have been canceled or will be held virtually.
  • Federal assistance has been approved to supplement DC’s response efforts due to the emergency conditions through January 24, 2021. More than 15,000 National Guard troops are expected.
  • DC non-essential businesses are required to telework to the maximum extent possible as per COVID-19 restrictions.

This will continue to be a fluid and dynamic situation. Please stay informed and have a plan for unexpected curfews, street closures, and transit disruptions.

After a year of upheaval with the COVID-19 pandemic, economic duress, long overdue attention to racial and economic inequality, and last week’s reprehensible attack on the U.S. Capitol, we are tired, frustrated, stressed, annoyed, and the list goes on. Yet, over the long term, our region will prevail and emerge stronger.

In the meantime, and I know you are, please take care and stay safe. And let us never forget to appreciate everyone who continues to work tirelessly on the frontlines for our benefit—nurses and doctors, firefighters and police officers, transit and utility workers, and many more. We owe them so much.

Please contact me if you have questions or concerns.

Yours very truly,

Jack McDougle
President & CEO, Greater Washington Board of Trade

COVID-19 Briefing: The Latest on the Vaccine

Scientists are making incredible progress in developing a COVID-19 vaccine, but there is still a long road ahead before the average American can get vaccinated. In this webinar, experts discuss the challenges of vaccine distribution and how employers can help make a widespread, rapid vaccination campaign successful.

Moderator:

Dr. Pooja Kumar, Partner, McKinsey & Company

Panelists:

  • Eugene Laney, Head of International Government Affairs, DHL Express USA
  • Dr. Lisa Lockerd Maragakis, Senior Director of Infection Prevention, The Johns Hopkins Health System
  • Dr. Samir Balile, Clinical Pharmacy Program Manager, Giant Food

Watch the Recording

Read the Summary

What are you doing to prepare for the vaccine?

Dr. Lisa Lockerd Maragakis, Senior Director of Infection Prevention at the Johns Hopkins Health System, said that the healthcare community must stay focused on the present. Their first priority is to make sure they can handle this current surge in COVID-19 cases. They are ensuring they have the supplies and staff to absorb the rising wave of COVID-19 patients which has yet to crash. They are focused on the basics of prevention—avoiding gatherings, wearing masks, etc. They are laser focused on strategies to maintain the healthcare workforce, which includes stressing the need for those workers to avoid exposure in their lives. Expecting hospitalizations and fatalities to increase over the coming weeks and months, Dr. Maragakis said this is a sobering time.

Eugene Laney, Head of International Government Affairs at DHL Express USA, said they are preparing for vaccine distribution using what they learned in distributing personal protective equipment (PPE). They know they need to prepare to deploy vaccines rapidly to places with growing outbreaks. But they must also work through capacity restraints, since they also have other delivery responsibilities, particularly e-commerce during the holiday season. They also need to plan for moving vaccine deliveries through areas with poor infrastructure and regulatory challenges.

Dr. Samir Balile, Clinical Pharmacy Program Manager at Giant Food, said that they are working through many unknowns. He offered an analogy: “We are told we are going to be hosting a dinner party, but we don’t know how many people, when they will show up, or what we are serving.” They are therefore staying focused on what they already know they can do, such as making sure all pharmacies have functioning freezers to store the vaccine and pharmacists have PPE. They anticipated a significant shortage in supplies such as needles, alcohol wipes, etc., so they are procuring what they can and trying to prepare as best as possible, but are waiting on more direction and assistance from the state department of health.

What are the biggest challenges ahead of us?

Eugene Laney elaborated on the logistical issues of widespread and rapid vaccine deployment. First, centralized production of the vaccine or related supplies (like needles) make us vulnerable to supply chain challenges; he cited needing to bring in supplies that are manufactured in China but struggling to do so because the US and China are in a trade war. He also described the challenges of sorting out counterfeit supplies. Dr. Maragakis added that her medical center had received PPE with mysterious labeling and questioned if it was medical grade. With very high demand for these materials and complicated international supply chains, it can be difficult to ensure product quality.

Eugene Laney and Dr. Maragakis also described the challenge of distributing a vaccine that must be kept cold—and in the case of some vaccines, must be kept extremely cold. This requires freezers or even special deep-freezers on shipping vehicles, in storage facilities, and in the offices were vaccinations occur. Eugene Laney described the difficulty in maintaining product integrity in situations where a country uses a paper import management system, leaving vulnerable products on a hot tarmac until the paperwork can be filed. (To distribute the quantity of vaccine needed, distributors must be prepared to distribute all vaccines, including the ones that must be kept in deep-freeze.)

Beyond the logistical challenges, Dr. Maragakis described the messaging challenge of convincing the US population to take the vaccine and providing accurate information on how and when to do so. She cited the lack of coordinated leadership from the federal government as a major disadvantage because it is hard to coordinate the message and actions of many different public health entities scattered across the country. She stressed the need for a national, robust vaccination campaign.

Dr. Balile explained that Giant and others involved in vaccinating the public need to think about how they can reach the populations that have been hardest hit, which are typically low-income.  Giant is looking into a mobile immunization unit using an Air Stream so that they can provide immunization to communities outside of the range of their stores in a safe way.

What can employers and the public do to help make this vaccination campaign successful?

Dr. Maragakis explained that we still do not know whether any of the vaccines nearing FDA approval stop contagion to unvaccinated individuals and how long immunity will last. People should expect to continue to practice some social distancing measures until this is figured out. She recommends that employers continue to uphold practical policies that stop or slow the spread of COVID-19 within their facilities and serve as trusted providers of information for employees.

Dr. Balile echoed Dr. Maragakis, saying it is important that employers communicate with their workforce. Employers should educate them on the benefits and explain that this is not just about protecting themselves, it is about protecting their families and friends. He also said that as a community, we can lean into this cultural change of people taking more responsibility for their wellness and thinking comprehensively about their health and clinical needs.

Eugene Laney agreed that employers need to be good sources of information. He pointed out that a lot of companies still do not have a COVID-19 task force of senior leaders that talk about risks and coordinate internal communications. He also recommended that companies identify an information partner, like the CDC, where you can consistently get good information. Companies should also make sure whatever supplies they get are coming from trusted suppliers.

2020 Capital Region Transportation Forum

The Greater Washington Board of Trade and the Greater Washington Partnership once again teamed up to host the region’s most highly anticipated transportation forum. Watch this 90 minute webinar to hear from top transportation leaders in DC, Maryland, and Virginia and national transportation experts on the future of transportation in our region.

Part 1: Panel Discussion

  • Shannon Valentine, Secretary of Transportation, Commonwealth of Virginia
  • Gregory Slater, Secretary, Maryland Department of Transportation
  • Jeff Marootian, Director, District Department of Transportation

Part 2: Spotlight on the election’s impact on the national transportation landscape

  • Larry Willis, President, Transportation Trades Department, AFL-CIO
  • Beth Osborne, Director, Transportation for America

Both discussions were moderated by Tanya Snyder, transportation reporter for Politico.

Watch the Recording

Read the Summary

Panel 1

Responding to the COVID-19 Pandemic

Tanya Snyder opened the conversation by asking the panel what the past eight months have looked like from the vantage point of a transportation leader. All three said that in the earliest days of the pandemic, ensuring the health and safety of transportation workers and travelers was the top priority. Safety-related construction had to continue, public amenities had to be regularly sanitized and properly ventilated. Secretary Slater also reminded the audience that just like their own companies, state departments of transportation also had to mobilize a remote workforce which entailed logistical and operational challenges, such as moving to fully paperless billing and deploying remote work technology.

Director Marootian explained that in the beginning of the pandemic, leaders were taking the situation one day or week at a time. But by June, it became clear that the pandemic would be with us for a long time, so government leaders had to think differently. The District added new bike lanes and reduced speed limits on many streets to support the public’s need for outdoor recreation. It also changed some parking and traffic rules to accommodate “streeteries.” Secretary Valentine described that the reality of the pandemic being a long-term situation prompted them to develop a new cash management system so that they could continue with planned transportation projects and could avoid laying people off and making the economic situation worse.

Keeping transportation projects on track

All three transportation leaders expressed a commitment to moving forward with planned transportation projects without delay, despite the enormous operational and budget challenges created by the pandemic. They echoed each other in saying that the pandemic has not changed their priorities, and in fact has only increased the urgency with which they support an efficient and high-performing transportation system.

Secretary Slater was adamant that the Purple Line will be completed. They are focused on design completion but also permitting and contracting, and they have taken over management of hundreds of contracts and sub-contracts to keep the project moving forward.

Secretary Valentine expressed similar determination about the Long Bridge. They are now working on passing the Long Bridge Act of 2020, which would allow a rail bridge to be built across National Park Service land. She said, “This last year of my life has really been about managing these commitments and finalize them through uncertainty” related to finances, revenues, and demands. She also thanked the Partnership and the Board of Trade for their support in helping to move necessary legislation forward. (At another point in the discussion, Director Marootian kindly said that he has not seen anyone operate as effectively as Secretary Valentine has in managing the Long Bridge project.)

Improving racial and social equity

Secretary Valentine said, “On equity issues, there are many decisions but one commitment.” She said that leaders must make that commitment to support equitable access to transportation for all. It starts with having strong leadership on this issue in multiple positions within the department, and then the department can integrate this viewpoint into all department decision-making.

Secretary Slater added that all transportation decisions need to consider the communities they serve in addition to their impact on transportation. For example, they increased service where they had the highest percentage of transit-dependent riders and cut service where members of a community most likely had alternatives. He also cites that pollution has affected communities unequally and that good transit planning can help reverse that.

On combatting the climate crisis

Tanya Snyder reminded the panelists and the audience that the United States saw record wildfires this year, and transportation is on the front lines of decarbonizing our economy. Director Marootian responded with reassurance that their sense of urgency on climate change was already high, and now it is higher. They are exploring creative ideas to incentivize transit use and discourage the driving culture that harms both safety and sustainability—which he says go hand in hand. He also said that the District is working hard to electrify its bus fleet.

Secretary Slater pointed out that sustainability is also related to social equity. Supporting all types of transportation, including transit and cycling, also supports different types of people. He said that he sees a future where some people are still driving cars, but they are mostly electric, and people have more access to transit and walkable communities. He also stressed the importance of electrification and proliferation of charging stations.

On the need for federal stimulus

All panelists stressed the need for federal stimulus funding during the pandemic so that transportation departments can continue to make progress on critical, long-term issues. Secretary Valentine said that federal support that accommodates multi-modal transportation is an opportunity to not just protect what we already have but to make big improvements. Secretary Slater elaborated that the CARES Act was critical, but more funds are needed. While departments of transportation will usually take a “fix it first” approach and prioritize maintenance of existing infrastructure, the engineering and planning for our future’s transportation system must start now. Federal support is critical for addressing that longer-term need for innovation. Director Marootian agreed, saying that we need to think about projects that need to be built 10 years from now, because that planning starts today.

Panel 2

The likelihood of a relief package

Beth Osborne explained that even though there is critical need for federal funding to support transportation infrastructure in the United States, especially during the pandemic, and there is bipartisan support for those projects, Congress always gets stuck when debating how much to spend. There is longstanding, fundamental disagreement on the role of the federal government and what dollar value is appropriate. (She also mentioned that the Senate runoff races in Georgia may influence Senate Majority Leader Mitch McConnell’s decisions, but it is unclear how.)

She advised transportation advocates to stress the benefits of the projects that would be funded and avoid talking about the price tags until legislators and their constituents are excited. She said, “If people want to sell me on things, they should start with what I’m going to get, not what I’m going to spend.”

Larry Willis added that we need to remind elected leaders that there is a real cost in failing to invest in transportation. Hopefully, that message can break through the political inertia that has prevented us from making the right levels of investments.

Infrastructure investments in the Biden Administration

Larry Willis pointed out that Biden ran on a very pro-worker, pro-labor, pro-union platform. A big infrastructure deal is a good way to execute on that platform. He thinks Biden is well positioned to jump in and is ready to go.

Beth Osborne reminded the audience that one of the difficulties in infrastructure is that it seems to be everyone’s top priority once we get through all the emergencies but we never get through the emergencies. It will take a real, sustained commitment and effort to move forward. She is optimistic that COVID-19 recovery might actually help create the urgency for reinvestment.

What should be our top priority?

Beth Osborne advocated that we reverse some of the damage done by highway projects built in the 50s, 60s, and 70s. We need to think about long-term impacts of investments.

Larry Willis said we should make sure we have good labor policies in tandem with good infrastructure investments. He also stressed that the Biden Administration should be at the negotiating table on infrastructure legislation and not just leave it up to Congress—they ran on this platform and need to get in the fight.

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What to expect from the Biden Administration

In this 1-hour webinar, a cross-sector panel of experts discuss how the Biden Administration is likely to change public policy in Congress and the White House and what that means for your company and community.

Moderator: Evan Kraus, President & Managing Director of Operations, APCO Worldwide

Speakers:

  • Larry Di Rita , Greater Washington, DC Market President, Bank Of America
  • Bart Gordon, Partner, K&L Gates
  • John Mayo, Professor and Executive Director of the Center for Business and Public Policy, Georgetown University
  • Karishma Page, Partner, K&L Gates

Read the summary

Priorities for the Incoming Biden Administration

Clearly, getting the COVID-19 pandemic under control, preventing more mass casualties, and getting our economy back on track are going to be top priorities for the Biden Administration. All panelists agreed that Biden must prioritize testing, contact tracing, distribution of a vaccine, and passing a stimulus deal. (Which, John Mayo thinks will not happen in the lame duck session.)

But there are other major priorities that will compete for the Biden Administration’s attention and resources. Larry Di Rita explained that all incoming administrations have a list of executive orders ready to go on day one, and that this is a way to set the tone early in their tenure. He expects Biden to release early executive orders on immigration and climate change.

Bart Gordon said that Biden will have to “walk and chew gum at the same time,” citing rebuilding our reputation with foreign allies as one of those other projects. Gordon also said it would be important for the Biden Administration to meaningfully engage on climate, both because it’s the right thing to do and because it is a way to build bridges with the progressives in the Democratic party. He can start by rejoining the Paris Climate Accord and rolling back some deregulations from the Trump Administration.

What the policy landscape may look like…

On SBA loans and stimulus

Karishma Page pointed out that there will be a great deal of scrutiny and oversight of how stimulus dollars are allocated and spent. This will not likely result in retroactive rule changes to SBA loans, but there may be changes to the rules in future stimulus deals.

Larry expressed his view that the SBA’s Paycheck Protection Program (PPP) should be considered a success, even if there is some room for improvement. There is tension between spending money correctly and see more of that money get pushed out, and we have an opportunity to fine-tune the program if it gets a chance to be continued.

Larry does not expect interest rates to increase above their very low rates anytime soon, and though the rising debt will need to be addressed, it does not need to be a priority in the short term. It will take a while to get to troubling levels of inflation, and getting stimulus spending out to people and businesses that need it is essential for economic recovery.

John pointed out that this recession has been demand-induced, so it lends itself to stimulus. But a nuance is that it is very idiosyncratic and depends on the sector—some have suffered, like restaurants and airlines, while others have done well, like the tech sector.

On tax policy

Karishma Page explained that the Biden campaign made it clear that review of tax policy is on the agenda, but a Republican Senate creates significant headwinds. However, that does not mean nothing will get done. A starting point is the stimulus for COVID-19, where tax policy can be used to stimulate economic activity.

On infrastructure

There has been bipartisan interest in an infrastructure package, but there is continuing disagreement between the parties on how much to spend and how we are going to pay for it.

On the minimum wage

On scale of 1 to 100, Karishma puts the likelihood that the federal minimum wage will change at 30. There is some bipartisan interest in raising the wage, but very partisan disagreement remains on the amount. We will likely see more state and local jurisdictions raising minimum wages, which creates a patchwork of policy across the country and increases pressure for a federal minimum wage increase. The chances might increase as we get closer to the 2022 race because there are more republican members of congress in vulnerable seats.

On tech policy

John says he expects the debates to continue but Biden’s influence may bring down the heat and hyperbole.

On healthcare

Assuming republicans hold their majority in the Senate and the ACA is not overturned by the Supreme Court, Karishma believes there can be some bipartisan support for certain issues, like curbing surprise billing and providing price transparency. There are probably not very big ramifications for employers.

TD Bank Morning Star Speaker Series Featuring John Feinstein

The TD Bank Morning Star Speaker Series brings great authors and thought leaders to the Board of Trade community for conversations that spark ideas and inspiration. On November 10, the series hosted legendary sports writer John Feinstein.

Watch the Recording

About Our Speaker

John Feinstein is one of the great writers in American sports history appearing 23 times on the ‘New York Times Best Seller List’, including two books that reached number #1.

For many years John wrote for The Washington Post, The Sporting News, and Golf Digest and has also been a regular on-air commentator for a number of television and radio programs including The Golf Channel, United States Naval Academy Football, National Public Radio, Sirius XM and the Tony Kornheiser Show.

John’s latest work is in the form of an exclusive audio book. John Feinstein: The Friends I’ve Made, features five of John’s most meaningful relationships captured in a series of intimate conversations providing listeners with an in-depth look into both John and the backgrounds of the high-profile coaches and athletes he has covered. The Friends I’ve Made features remarkably personal exchanges with Michigan State Men’s Basketball Coach Tom Izzo, golf personality David Feherty, Golden State Warriors Head Coach Steve Kerr, tennis analyst, sports commentator and women’s journalism pioneer Mary Carillo, and Duke Men’s Basketball Coach Mike Krzyzewski.

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