The Greater Washington Board of Trade and K&L Gates recently hosted the third installment of its 2024 Election Watch series, bringing together regional business leaders, policymakers, and experts to analyze the evolving political landscape and its potential impact on the business community.

This session panel discussion led by Darrell Conner and Karishma Page of K&L Gates, and our President & CEO, Jack McDougle, provided valuable insights into the priorities, challenges, and opportunities presented by a potential second Trump administration, highlighting key issues such as tariffs, federal workforce dynamics, and education policy.

Shifts in Support and Economic Concerns

The discussion opened with a look at demographic support for candidates, noting a trend where higher-income groups leaned toward Vice President Kamala Harris, while other income brackets showed gains for President-elect Trump. The economy remains a pivotal concern for voters and businesses alike, particularly with budget and funding challenges taking center stage.

Audience members shared perspectives on the inflationary impacts of tariffs, a hallmark of Trump’s first term. The panel highlighted the ongoing debate among economists about the long-term effects of these policies, underscoring the complexity of the issue.

Governance and Policy Execution

One of the standout themes was the potential for a shift in governance dynamics. During Trump’s first term, there was frequent uncertainty over whether policy decisions were driven by the White House or federal agencies. The panel suggested we can expect policy to be tightly controlled by the White House, as evidenced by high-profile appointments like Tom Homan as the incoming administration’s border czar.

The panel also explored the vetting and appointment process for cabinet officials, contrasting the more ad hoc approach of 2016 with a potentially more structured strategy for Trump’s second term.

VIEW MORE PHOTOS FROM THIS SERIES

Key Policy Questions

Attendees raised several pressing policy questions for the panel:

• Federal-State Relations: Emphasizing the growing importance of state-level engagement, particularly on issues like K-12 education. Noting some skepticism within Republican communities surrounding federal involvement in education.
• Earmarks: Observing that while earmarks represent a small portion of overall spending, there has been little recent discussion about their future.
• Executive Orders and Regulation: A second Trump administration could likely issue a wave of executive orders on day one, potentially rolling back pending regulations and leveraging the Congressional Review Act to overturn existing policies.

Business Impacts and Workforce Dynamics

The panel spoke about the broader challenges facing businesses, from geopolitical risks and technological advancements to national security concerns. These factors are placing stress on business operations, with potential implications for federal workforce dynamics.

The panel pointed to the recent history of relocating federal agencies, noting that workforce relocation could remain a contentious issue, swinging with changes in administration.

Higher Education, Immigration, and Geopolitics

Panelists expressed uncertainty about future investments in higher education under a new administration. Immigration policy also remains unclear, though Trump’s “America-first” approach suggests a continued focus on legal immigration reform.

Geopolitical risks were another focal point. The panel discussed how these external factors could influence domestic policies, including presidential immunity and governance. Notably, Trump’s circle of allies has expanded since 2016, suggesting a more organized approach to administration planning.

Closing Thoughts

The session concluded with reflections on the long-term trajectory of U.S. governance and its impact on the business community. Panelists emphasized the need for businesses to stay agile and engaged as geopolitical, technological, and policy dynamics continue to evolve.

Thank you to K&L Gates for sponsoring this three part series that engaged our members and business community across the Greater Washington region. 

Regional transportation leaders and agency executives from across Washington, DC, Maryland and Virginia convened at Martin Luther King Jr. Memorial Library on November 13 for the seventh annual Capital Region Transportation Forum. Co-hosted by the Greater Washington Partnership (the Partnership) and Greater Washington Board of Trade (the Board of Trade). Discussions focused on progress and challenges toward achieving sustainable funding for the Washington Metropolitan Area Transit Authority (WMATA), and transportation opportunities and challenges across the region. The Partnership and the Board of Trade are committed to advancing strategic transportation investments to keep our economy moving. An accessible, inclusive and efficient transportation system is essential to the prosperity of businesses and residents alike.

Partnership CEO Kathy Hollinger opened the forum by outlining priorities from the recently released Blueprint for Regional Mobility 5-Year Refresh. Informed by over 100 stakeholders, this roadmap emphasizes securing sustainable Metro funding, restoring DC as a world-class rail hub and embracing transit-oriented development (TOD).

Randy Clarke, WMATA’s General Manager and CEO, spotlighted Metro’s vital role in the region’s economy, contributing $9.4 billion in economic activity and achieving 43 consecutive months of ridership growth as of October 2024. Clarke emphasized, “Where Metro goes, the region grows,” underscoring the economic implications of a modernized and reliable Metro system. However, he warned that without long-term funding indexed to inflation and upgrades like an updated signaling system, Metro’s ability to continue to serve the region remains at risk.

VIDEO: WMATA General Manager Randy Clarke addresses transportation in Washington DC region

Charles Allen, COG Board Chair and District of Columbia Councilmember, and Paul Smedberg, WMATA Board Vice-Chair and Principal Director, kicked off the DMVMoves panel by sharing updates on the initiative’s progress. They highlighted key improvements in public safety and customer satisfaction, while emphasizing the imperative for sustainable funding for WMATA and urging business leaders to get involved. The subsequent panel, moderated by Nick Donohue, Principal at Capitol Transportation Consulting ,featured, Board of Trade President and CEO Jack McDougle, and Fairfax County Executive Bryan Hill, two leaders on the DMVMoves initiative. Their discussion centered on the ongoing efforts to modernize the region’s transit system and the importance of collaborative action to address the region’s transportation challenges. Panelists stressed that these issues extend beyond Washington, DC, impacting the entire region and similar coalitions across the country. They called for business leaders to play a more active role in supporting a transit system that serves all residents and fosters long-term economic growth.

VIDEO: DMVMoves Taskforce addresses regional transportation issues at CRTF 2024

We were joined by United States Senator Mark Warner for a keynote presentation. Sen. Warner highlighted the regional benefits of the Bipartisan Infrastructure Law and highlighted three key priorities to ensure the vibrancy and vitality of our regional economy and future of transit: 1. Come together as a region to emphasize the expertise and efficiency benefits of concentrating federal workers in the region; 2. Accelerate return-to-office in both the public and private sectors; and 3. Continue to grow and expand regional cooperation initiatives.

VIDEO: Senator Mark Warner addresses transportation in Washington DC region

The final panel, moderated by NBC News Anchor Adam Tuss, gathered regional transportation agency executives to discuss recent progress and collaborations on regional transportation initiatives. The panelists, Virginia Secretary of Transportation W. Sheppard Miller III, Maryland Transportation Secretary Paul Wiedefeld and Director of the District Department of Transportation Sharon Kirshbaum, shared insights on their administrations’ respective visions and regional priorities. Major long-term transportation projects discussed included the Purple Line in Baltimore, the Expansion of Union Station in Washington DC and the construction of The American Legion Memorial, each of which will support the region’s transportation system.

VIDEO: Transportation secretaries discuss transit funding, traffic congestion in Greater Washington

The region’s future depends on bold decisions and sustained collaboration to address evolving challenges. By advancing modernized, innovative transportation solutions, we can ensure a thriving and connected economy for years to come.

Special thanks to our moderator, NBC News 4’s Adam Tuss, and our sponsors—Transurban, HNTB, EXP, Northeast Maglev and WSP—for making this important event possible.

Together, we can shape the future of transportation in our region.

Watch the full recording of the 2024 Capital Region Transportation Forum:

The Board of Trade held the second part of its 2024 Election Watch series at the Downtown D.C. office of our series sponsor K&L Gates to engage members on how the 2024 Presidential Election could impact the Greater Washington region. It came only a couple weeks after the debate between Vice President Kamala Harris and former President Donald Trump. 

A wide range of critical topics were discussed, reflecting the complex intersection of current political, economic, and social challenges. Attendees expressed interest in key areas such as tax policy, higher education, workforce development, and the uncertainty surrounding regulations.

Tax Policy was a central focus, with a noted emphasis on the expiration of the Tax Cuts and Jobs Act in 2025. The looming cost of extending these cuts, estimated at $4.6-$8 trillion, sparked intense debate. Republicans are inclined towards making tax provisions permanent, reducing taxes on manufacturers, and increasing taxes on large university endowments. On the other hand, Democrats emphasize no tax increases on individuals making less than $400,000, enhancing startup expense deductions, and addressing affordable housing.

Higher Education and Workforce Development were also critical themes. Multiple member representatives underscored the importance of adapting educational programs to meet the evolving needs of the workforce. They highlighted that education is not only a domestic issue but also intricately tied to global competitiveness.

The Uncertainty of Regulation was discussed from both corporate and policy angles. Member representatives pointed out the challenges of navigating shifting regulatory environments. This has been a pressing issue across sectors, affecting infrastructure, workforce, and corporate decision-making.

VIEW MORE PICTURES FROM THIS EVENT HERE

Infrastructure and Reauthorization of major public works projects emerged as another priority, member representatives focused on the need for updated transportation infrastructure in the Greater Washington region, while ensuring sustainable financing.

Regionalism continues to shape local policy initiatives, which Board of Trade members discussed. It emphasized the significance of fostering cooperation between states and local governments to ensure regional development aligns with broader national priorities.

A recurring theme was Election Integrity, as multiple attendees raised concerns about the impact of electoral processes on governance. Notably, K&L analysts stressed that for Democrats to win the Electoral College, they would likely need to secure the popular vote by a margin of at least 3%, citing challenges in accurately polling certain voter demographics, particularly Trump supporters.

The discussion also touched on identity politics, with insights about how the 2024 elections may be shaped by which candidates best represent the values and identities of voters, rather than focusing solely on political experience, such as Vice President Kamala Harris’s tenure.

Geopolitical Issues also took center stage, with concerns about the international landscape affecting domestic policy. The reliance on Chinese goods, border policies, and ongoing conflicts such as those in Gaza, Israel, Russia, and Ukraine all create external pressures that influence voters and policymakers alike.

Looking forward, the general consensus is that policymaking will remain reactive, shaped by an interplay between state and local governments. The slim majority in Congress, regardless of which party holds control, will necessitate bipartisan cooperation to move forward on key initiatives, ranging from energy policy to AI and tech workforce development.

In sum, the policy environment is in constant flux, with a wide aperture for new issue areas while balancing ongoing legislative challenges. Voters face issues ranging from housing and education to energy and international affairs, all of which will demand innovative, cross-sector solutions in the next legislative session.

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The Board of Trade held on July 18 the first part of its 2024 Election Watch series at the Downtown D.C. office of our series sponsor K&L Gates to engage members on how the 2024 Presidential Election could impact the Greater Washington region.  

With our region being closely connected to the federal government and our nation’s capital, it was discussed how local governments would interact with the federal government depending on the administration elected. This included how the election could impact regional transportation, the possible influx of in-person or remote work for federal employees, local public safety initiatives, and much more.  

View more photos from our July 18 discussion at K&L Gates office

While news of President Joe Biden stepping down as the Democratic nominee broke a few days after this discussion with our members, it was still valuable to see how the election is playing out, including hearing insights from experts at K&L Gates regarding what specific issues are being pinpointed by former-President Donald Trump’s campaign, and the campaign for the Democratic Party campaign. It was discussed in the meeting what the process of picking a new candidate would look like if President Biden stepped down, including if Vice President Kamala Harris took over the ticket.  

The Board of Trade is committed to keeping our members, partners, and the greater business community informed on how elections and politics can impact our region. It was special for members in a variety of professions and industry fields to share perspectives and views on what the region faces during this election year.  

In our next parts of our 2024 Election Watch series, we’ll further explore the potential election scenarios and their implications for policy, society, and regional dynamics with the help of data-driven analysis and informed speculation from those attending.  

Thank you to K&L Gates for sponsoring and hosting this series.  

After a 12-year hiatus, the Potomac Conference met at the Catholic University of America on July 9 to discuss the region’s economy, transportation, and security, focusing on one key point – public safety.  

The Conference – co-hosted by the Greater Washington Board of Trade (GWBOT), the Greater Washington Partnership (GWP), the Metropolitan Washington Council of Governments (COG), and the Consortium of Universities of the Washington Metropolitan Area (Consortium) – brought together leaders in the region’s government, law enforcement, non-profit, private, and academic sectors, where they had the opportunity to address the critical issue of ensuring safe communities while strengthening economic growth.  

The morning began with welcome remarks from Kathy Hollinger, President and CEO of GWP, who thanked sponsors and partners before introducing the Keynote Speaker. Acting Associate Attorney General Benjamin Mizer delivered his Keynote Address, providing attendees with an overview of the national landscape and climate of public safety.  

Andrew Flagel, President and CEO of the Consortium, also provided insight on the role of the region’s universities in promoting public safety before introducing a data-driven discussion on violence impacting the region, presented by Hanna Love of the Brookings Institute.  

Love introduced her work at the Brookings Metro’s Bass Center for Transformative Placemaking, showcasing both the perceptions and realities of crime in the region. While local perceptions of crime spoke to a fear of its intensification, crime trends in downtown D.C. did not dramatically change. It was also made clear that place matters regarding types of crime and the necessary responses. Love called attention to a multifaceted approach to reducing crime, focusing on investments in economic stability, housing, access to quality education, and the built environment.  

Take a look at more photos from this event

Collaboration for Success Panel 

Strategies, Resources, and Building Community Trust for Public Safety 

The Executive Director of COG, Clark Mercer, addressed the importance of partnerships between local governments and institutions before introducing a panel that illustrated such cross-sector collaboration. Moderated by Elliott Ferguson, President & CEO of Destination DC, the panel included Chief Pamela Smith of the Metropolitan Police Department, Metro Transit Chief Michael Anzallo of WMATA, and President Peter Kilpatrick of Catholic University.  

The three panelists answered several questions regarding their roles in public safety and crime reduction and provided insight on what was being done within their institutions to address the issues. A key point was the importance of partnerships between law enforcement, private and public institutions, and the Greater Washington community at-large.  

Chief Smith emphasized the MPD’s Real Time Crime Center and its new community camera sharing program, CameraConnect DC, through which anyone can connect their security cameras to help law enforcement more accurately solve cases and obtain footage.  

“One of the things that we’ve launched with the Real Time Crime Center is the ability to be able to connect your cameras,” said Chief Smith. “We are asking you, your partners, your business, please connect your cameras to our Real Time Crime Center. If you have business, mom-and-pop stores, we really want to use your cameras.” 

Strategizing for a Thriving Region Workshop 

Emergency Communications: First Net Case Study 

The workshop portion of the day, focused around discussing and amplifying resources for a thriving region, was moderated and led by Jack McDougle, President and CEO of GWBOT. The first discussion centered on FirstNet – or First Responder Network Authority – a nationwide communication network for first responders overseen by Congress and AT&T. Melissa Ayala, Assistant VP of Government Programs at AT&T, provided updates on a new phase of FirstNet, including standalone 5G and expanded coverage. Many attendees expressed the need for closing the communication gap about public safety updates between organizations and law enforcement, reinforcing a core theme of the conference – public safety goes beyond policing.  

Prevent Gun Violence: Research, Empowerment, Strategies and Solutions 

The second workshop focused on gun violence and the role of businesses and communities to provide resources and support for its mitigation. Dr. Joseph Richardson laid out data collected through his work as Co-Director of PROGRESS at the University of Maryland, an initiative centered around preventing gun violence with multi-disciplinary, community-based approaches.  

Key metrics stood out from this presentation, including a sobering view on the differences in life expectancy within D.C. itself – one loses 21 years of life expectancy in a 41-minute metro ride across the city from Northwest D.C. to Southeast D.C., according to Richardson’s work on contributing factors that lead to this statistic, which include disparities in economic investments and violent crime in these parts of the District. 

Dr. Richardson also shared severe discrepancies in the cost of homicides versus investment in research and implementation, with gun violence costing America over $500B per year but only about $25 million invested in 2020 by the federal government in prevention research.  

Attendees shared local stories and company ventures looking to combat this issue by providing after-school programs and gainful employment opportunities, giving those at risk another option beyond resorting to gun violence. Businesses have a responsibility to provide opportunities, many affirmed, with ideas such as increasing involvement to the community and opening hiring to those not “traditionally employable” discussed.  

Barriers to Retaining and Attracting Business to the Region 

The final workshop began with remarks from Colleen Hawkinson, Executive Director of the DC BID Council, and Shawn Townsend, President & CEO of the Restaurant Association of Metropolitan Washington.  

Hawkinson reaffirmed the importance of public-private partnerships, especially in the DC BID council towards fostering DC’s Business Improvement Districts, while Townsend relayed the hospitality industry’s continued post-pandemic struggles, but also the sector’s focus on economic development and safety.  

The workshop included suggestions such as promoting downtown safety and economic growth by recovering vacant spaces, making these vacancies attractive for businesses. The discussion centered again on providing accessible jobs for young people and creating pathways within those jobs for credential building, school programs, and career growth.  

The Greater Washington Board of Trade was thrilled to help host and collaborate on this landmark event with our partners, multilateral institutions, businesses, and agencies in the region. Thank you to everyone who joined us at the Potomac Conference to facilitate cross-sector dialogue in the region and explore innovative, actionable approaches to enhancing community safety and economic stability.  

Thank you to our presenting sponsor AT&T, host sponsor Catholic University of America, and our media partner the Washington Business Journal for being a part of the Potomac Conference and helping promote the Greater Washington region.  

In The News

DC police chief asks small business owners to help stop crime – WTOP News

Greater Washington Partnership, Board of Trade collaborate on Potomac Conference – Washington Business Journal (bizjournals.com)

Greater Washington Board of Trade relaunches annual Potomac Conference – Washington Business Journal (bizjournals.com)