From the Classroom to Congress: Don Beyer discusses the future of Artificial Intelligence

Category: Latest Updates

From the Classroom to Congress: Don Beyer discusses the future of Artificial Intelligence

Posted on by Board of Trade

The Board of Trade hosted a dynamic and thought-provoking fireside chat on artificial intelligence featuring Virginia Congressman Don Beyer and Jamil Jaffer, Founder & Executive Director of the National Security Institute at George Mason University.

The conversation focused on the future of AI policy, innovation, and the balance between rapid technological advancement and the need for safety, trust, and governance. Congressman Beyer — who is currently taking graduate-level courses on AI at George Mason University to understand the field better — spoke about his commitment to informed policymaking and his sponsorship of the bipartisan CREATE AI Act, which seeks to expand access to AI research tools across the country.

The conversation also explored critical issues such as national security (including how AI technology is increasingly being integrated into our defense systems), the importance of balanced federal oversight that supports both developers and end users, and the potential implications of AI on key sectors like infrastructure and financial markets.

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Congressman Beyer has been involved in AI policy issues at the congressional level for some time now. He discussed his leadership in advancing the AI Foundation Model Transparency Act and his ongoing work with the House Task Force on AI. Beyer has also been a part of other AI-focused Congressional bodies, including the AI Caucus and the AI Working Group.

In a truly engaging moment, both students and business professionals had the opportunity to ask Congressman Beyer direct questions about the implications of AI for industry, public policy, and workforce development. The exchange highlighted the critical importance of cross-sector collaboration as the technology continues to evolve.

Thank you to everyone who joined us for this important conversation on one of the most transformative technologies of our time. Stay tuned for more events at the intersection of innovation and policy.

THANK YOU TO OUR SPONSORS FOR SUPPORTING THIS EVENT

Testimony to DC Council: Workforce Strategies Must Support Economic Growth and Resilience

Posted on by Board of Trade

About this Testimony: The Greater Washington region is at a pivotal moment when it comes to workforce development. Shifts in the federal employment landscape, combined with long-standing challenges around talent access and equitable opportunity, demand a bold, coordinated response. On behalf of the Board of Trade, President and CEO Jack McDougle delivered the following testimony to the D.C. Council’s Committee on Executive Administration and Labor. His remarks emphasize the need for a modern, regionally aligned workforce system, one that bridges gaps between employers and talent, supports economic resilience, and ensures D.C. residents and businesses can thrive in a rapidly evolving economy.

Chairperson Anita Bonds and members of the Committee,

Thank you for the opportunity to testify on behalf of the Greater Washington Board of Trade. My name is Jack McDougle, and I am President and CEO of the Board of Trade. Founded in 1889, we represent hundreds of employers—with thousands of workers— across the Washington region who rely on a skilled, adaptable, and inclusive workforce to compete—and who are committed to helping strengthen the workforce in the District and throughout the metro area. 

Workforce challenges aren’t new. This region has long been home to one of the most highly educated and skilled workforces in the country. We have some of the best universities, research institutions, and federal expertise anywhere. But employers still struggle to find the right talent at the right time. And too many residents still face barriers to getting their foot in the door. 

Now, those long-standing challenges are intersecting with something bigger and more immediate. 

The federal government—long the backbone of our regional economy—is changing. Telework, digitization, automation, and agency consolidation are reducing the federal footprint, especially in downtown D.C. That’s affecting not just jobs, but office occupancy, small business vitality, and city revenues. Thousands of workers are being displaced or restructured, many of them with valuable skills—but without a clear path forward. Meanwhile, many D.C. residents are still disconnected from the workforce entirely.  

So, we’re facing a multi-sided problem: how to help people enter the workforce, how to help experienced professionals transition into new roles and how to attract and retain the talent we need to compete. 

Solving this isn’t just about creating more training programs. It’s about building a coordinated, regional system that connects people to opportunity—wherever the job is—and helps employers find talent—wherever that talent lives. 

Why a Regional Approach Matters 

The District lies at the economic center of a much larger labor market. Roughly two-thirds of jobs in D.C. are held by people who live in Maryland or Virginia. At the same time, tens of thousands of District residents commute to jobs outside the city every day. 

If we’re serious about increasing economic opportunity for D.C. residents, we can’t limit our thinking to only jobs within city limits. Likewise, if we want to strengthen D.C.’s job base and bring people back into our downtown corridors, we need to make it easier for talent across the region to access those jobs. 

This requires a level of policy alignment, data sharing, and joint investment that we simply do not have today. 

Some progress is underway. Virginia’s G3 program, for example, offers tuition-free community college in high-demand fields like IT, healthcare, and skilled trades—paired with employer engagement. Maryland is investing in apprenticeship expansion and industry-led partnerships through its Employment Advancement Right Now (EARN) initiative. 

Virginia has also taken steps to streamline its workforce system by consolidating dozens of fragmented programs under the purview of the newly established Virginia Office of Education and Labor, with the goal of improving coordination, reducing duplication, and aligning training more directly with employer needs. 

And in D.C., we’re seeing promising models too—like the Infrastructure Academy’s partnerships with Pepco and WMATA to prepare residents for real jobs in energy and transportation. But we need more coordination across the region, and better data to guide investment. 

What the Council Can Do 

Here are five ways the District can lead in FY26—and help build a workforce system that reflects how people live, work, and move across this region. 

  1. Support a Regional, Data-Driven Workforce Strategy
    Our region lacks a shared, real-time understanding of workforce supply and demand. Employers, educators, training providers, and governments all make decisions based on partial or outdated information. We strongly urge the District to partner with neighboring jurisdictions—Maryland, Virginia, and regional planning bodies—to develop a unified baseline of current labor market conditions. This should include disaggregated data by industry, occupation, skills, demographics, and geography.

Such a baseline would allow all of us to align efforts, avoid duplication, target investment, and measure progress consistently. 

Recommendation: 
Support the creation of a Regional Workforce Intelligence Hub, in partnership with MWCOG, Consortium of Universities, the Workforce Investment Council, and workforce leaders in Maryland and Virginia. 

  • Helps align training programs with actual job demand 
  • Track skill gaps and mobility across jurisdictions 
  • Provides clear, actionable data for jobseekers, employers, and policymakers alike 

This is core infrastructure for smarter decisions and stronger outcomes. 

  1. Expand Employer-Led Training with Cross-Jurisdiction Portability
    We need to move even further beyond traditional classroom models and embrace demand-driven, work-based learning. The Council can promote public-private partnerships that create apprenticeships, industry bootcamps, and employer-sponsored credentials—especially in high-growth sectors like IT, clean energy, healthcare, and advanced manufacturing.

Recommendation: 
Invest in Workforce Innovation Grants that support partnerships between employers and training providers focused on: 

  • Industry-designed curricula 
  • Paid apprenticeships and bootcamps 
  • Credentials recognized across D.C., Maryland, and Virginia 
  • Reducing administrative barriers for employer participation  

This builds on successful approaches already in motion. We’ve seen how employer-driven programs at UDC, the Healthcare Workforce Partnership, and the Tech Apprenticeship Program at Northern Virginia Community College can deliver talent that’s job-ready from day one. 

  1. Launch a Federal Workforce Transition Program
    Thousands of federal and contractor workers are being impacted by the ongoing restructuring. Many have transferable skills—but need targeted support to pivot into new fields.

Recommendation: 
Create an integrated Federal Transition Upskilling Program to provide: 

  • Training in high-demand private-sector fields (e.g., cybersecurity, project management, clean energy) 
  • Career coaching and job placement support 
  • Incentives for regional employers to hire transitioning talent 

This helps retain experienced professionals in the region and prevents talent loss from the city’s core. 

  1. Invest in Wraparound Supports for Jobseekers
    Access to training is meaningless if people can’t show up. We hear this all the time from employers and community partners—people are ready to work but face real barriers.

Recommendation: 
Prioritize supports that make workforce participation possible: 

  • Childcare for jobseekers and trainees 
  • Free or subsidized Metro, MARC, VRE or other mobility access 
  • Navigation and coaching services that help residents see—and pursue—what’s possible across the region 

These supports may seem small, but they’re game-changers for residents balancing work, family, and training. 

  1. Strengthen the District’s Workforce Infrastructure
    The District’s workforce system needs to be agile, integrated, and built to partner—both internally and across borders. We encourage the Council to break down silos—between workforce, education, economic development, and human services—and between the District and its regional peers. The economic fate of this region is shared. No single jurisdiction can go it alone.

Recommendation: 
Further support DOES and the Workforce Investment Council to: 

  • Modernize operations and digital tools for job matching and tracking 
  • Improve coordination across education, training, and economic development 
  • Evaluate long-term outcomes—not just short-term placements 

This ensures our systems are working smarter, not just harder. 

Conclusion: Shared Workforce, Shared Responsibility 

The workforce challenges we face—recruitment, retention, displacement, inequity, skills misalignment—don’t stop at jurisdictional borders. Our solutions can’t either. 

The District has a chance to lead—not only in reimagining how we support residents and businesses, but in showing what regional collaboration can look like when it’s done right. 

Let’s connect the dots between employers, workers, and opportunity—no matter where they’re starting from. Let’s build a workforce system that reflects how people actually live and work across the region. 

Sincerely,

Jack McDougle

President & CEO 

Greater Washington Board of Trade

See Additional Testimonies and Letters of Support we have submitted recently:

Letter of Support: ‘Local Funds Act of 2025’ Protects DC’s Authority to Spend Locally Raised Revenue

Testimony: Submitted to DC Council, Committee on Business & Economic Development

Letter to Congress: Addressing Concerns with House Concurrent Resolution 14

Congress Should Preserve DC’s Home Rule and Withdraw the Bowser Act | WBJ Viewpoint

Letter of Support: ‘Local Funds Act of 2025’ Protects DC’s Authority to Spend Locally Raised Revenue

Posted on by Board of Trade

About this Letter of Support: Greater Washington Board of Trade President & CEO Jack McDougle submitted testimony to the United States House of Representatives showing strong support for the District of Columbia Local Funds Act of 2025 (S. 1077), a bipartisan bill that protects D.C.’s authority to spend its locally raised revenue, without cost to the federal government. Passage of this legislation is essential to preventing a $1.1 billion budget shortfall and ensuring continued funding for core public services that underpin the economic health of the District and the entire metropolitan region. The following testimony outlines the business community’s position and the critical importance of timely congressional action.

Dear Mr. Speaker (Mike Johnson) and Representative Hakeem Jefferies,

On behalf of the Greater Washington Board of Trade — representing the business community of the D.C. metropolitan region since 1889 — I write to express our strong support for the District of Columbia Local Funds Act of 2025 (S. 1077).

This bipartisan legislation, which passed the Senate unanimously on March 14, affirms D.C.’s authority to spend its locally raised revenues and averts an immediate $1.1 billion budget shortfall. It is essential to sustaining the economic stability of the District and the broader regional economy. We urge the House to pass this bill without delay.

The District raises the vast majority of its revenue independently—there is no cost to the federal government. In fact, the Congressional Budget Office confirms that S. 1077 has no impact on the federal budget. What it does do is allow the District to implement its Fiscal Year 2025 budget, which Congress already approved through continuing resolutions in September and December (P.L. 118-83 and P.L. 118-158).

These funds are critical to the operation of public services and infrastructure that underpin D.C.’s and the region’s economic health — transportation, public safety, healthcare, education, and more. Without them, the resulting budget gap would ripple across the region, weakening consumer confidence, shrinking business revenue, and putting jobs at risk. The impact wouldn’t stop at the District’s borders — it would affect the entire regional economy, including D.C.’s 700,000 residents and the nearly 26 million visitors who came to the nation’s capital last year.

From retail and real estate to hospitality and professional services, businesses across sectors would feel the blow. Abrupt cuts at this scale would increase costs, slow investment, and threaten the momentum of recovery and growth – especially needed as efforts continue to transform the federal government.

We fully support the importance of fiscal responsibility, including reducing the national debt. But for over two decades, every continuing resolution has included language allowing D.C. to spend its own locally passed, balanced budget. This year should be no different.

Economic strength in the Greater Washington region is not just a local issue — it’s a matter of national importance. Congress must give the District the certainty it needs to manage its finances and sustain the services that drive this region forward.

We respectfully urge you to support S. 1077, and we stand ready to work with you to keep our region strong, stable, and growing.

Sincerely,

Jack McDougle

President & CEO 

Greater Washington Board of Trade

 

See Additional Testimonies and Letters of Support we have submitted recently:

Testimony to DC Council: Workforce Strategies Must Support Economic Growth and Resilience

Letter to Congress: Addressing Concerns with House Concurrent Resolution 14

Testimony: Submitted to DC Council, Committee on Business & Economic Development

Congress Should Preserve DC’s Home Rule and Withdraw the Bowser Act | WBJ Viewpoint

Courageous Leadership: Navigating Uncertainty & Taking Bold Action with Dr. Margie Warrell

Posted on by Board of Trade

Leadership, at its core, isn’t about having all the answers. It’s about having the courage to act, even in the face of uncertainty. That message resonated deeply during a recent professional networking event hosted by the Board of Trade and Ridgewells Catering, where local executives and rising professionals gathered for a powerful roundtable discussion led by Dr. Margie Warrell, bestselling author of The Courage Gap, and Susan Lacz, CEO and Hospitality Maven of Ridgewells.

Held at Ridgewells’ renovated Bethesda headquarters, the event featured an engaging and candid conversation on the role of fear, resilience, and decision-making in leadership. Dr. Warrell and Lacz shared personal stories and actionable strategies for navigating challenges and stepping outside your comfort zone, with insights especially relevant in today’s fast-changing business climate.

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This discussion emphasized that real leadership is fueled by clarity, not certainty. Whether you’re making high-stakes decisions or managing day-to-day operations, the ability to act decisively while embracing discomfort can set great leaders apart. Attendees left with fresh perspectives on how to turn hesitation into opportunity and how to lead with greater impact at every level.

Guests also enjoyed a warm atmosphere of networking and connection over beautifully crafted hors d’oeuvres and drinks, provided by Ridgewells’ talented culinary team. More than just an evening of inspiration, the event underscored the value of community and the importance of creating space for open, honest conversations around leadership.

The night served as a bold reminder: courage isn’t the absence of fear; it’s the decision to move forward in spite of it.

Thank you to our member, Ridgewells Catering, for partnering with the Board of Trade for this event.

Watch the full discussion between Susan Lacz and Dr. Margie Warrell below:

Greater Washington Federal Workforce Resource and Support Guide

Posted on by Board of Trade

The Greater Washington Board of Trade has launched a Federal Workforce Resource & Support Guide to assist regional professionals affected by federal layoffs. This guide provides valuable resources, job transition support, and networking opportunities to help impacted workers navigate career changes and connect with new opportunities in the region’s dynamic economy.

Below is a look at upcoming job fairs and a variety of resource links from localities in the region that can help workers facing layoffs.

Explore data insights on how federal layoffs impact communities in our region from our partners at the Metropolitan Washington Council of Governments.

Upcoming Federal Workforce Job Fair Opportunities

May 1 – Maryland Workforce Association Statewide Virtual Job Fair 2025 for Federal Employees and Contractors

State-wide employment event organized by the Maryland Workforce Association in association with the Maryland Department of Labor and the American Job Center & Workforce Development agencies in Maryland. This Virtual Job Fair has been organized in support of Federal Employees & Contractors seeking new career options and transitioning from their previous work involving the Federal Government. All jobseekers are welcome!

Learn more and register here: https://bit.ly/3G0v1kZ

April 25 – Navigating New Beginnings: A Job Fair for Federal Employees

Join the Metropolitan Washington Airports Authority, in partnership with top DC-region employers, for a specialized job fair designed to support federal employees exploring new career opportunities. Connect with hiring managers from diverse industries, gain valuable career insights, and take the next step toward your professional future.

Learn more and register here: https://bit.ly/3G4IZ5j

April 16 – National Security Career Fair

Meet with dozens of high-level recruiters from top federal agencies and contractors working on the most pressing national security matters. Talk to representatives from the State Department, the intelligence community, and other Tier 1 and 2 agencies to fulfill your NSEP service requirement and have the chance to work on the most pressing national security matters.

Learn more and register here: https://bit.ly/4jfTVeK

April 10 – Transferable Jobs Skills Workshop: Thriving Beyond the Federal Workforce

Losing a job can be overwhelming, but your skills remain valuable! This workshop is designed to help former federal employees identify their transferable skills, build emotional resilience, and take proactive steps toward their next career opportunity.

Learn more and register here: https://bit.ly/4hWEbMI

April 2 – Howard County Federal Workers Career Fair

Exploring new career opportunities outside the federal workforce? Join employers at Howard County Community College for the Federal Workers Career Fair, designed to connect former federal employees with new career opportunities. Meet with hiring professionals, enhance your job search and take the next step in your professional journey.

Register Here: https://bit.ly/4ieCJq5

March 19 – Washington DC/MD/VA Metro Area Virtual Job Fair

Learn more and register here: https://www.hlpa.com/jobfairs/washington.html

March 18 – Loudoun JobFair for Public Service Opportunities

Over 20 + employers from various public service organizations will be available to speak with you and answer your employment-related questions. Register now for email updates and reminders with the latest on employer attendance and possible event delays or cancellations around inclement weather.

Register Here: https://www.loudoun.gov/jobfair

March 14 – DC Government Federal Hiring Event

On March 14th, the District Government will host an exclusive Hiring Event for individuals affected by federal layoffs. More information on participating employers, DC Government benefits, unemployment resources, and additional support can be found at fedsupport.dc.gov. Attendance is limited and available on a first-come, first-served basis.

March 13 – City of Alexandria: Transferable Skills Workshop | Thriving Beyond the Federal Workforce

Losing a job can be overwhelming, but your skills remain valuable! This workshop is designed to help former federal employees identify their transferable skills, build emotional resilience, and take proactive steps toward their next career opportunity.

Learn more & Register: https://bit.ly/4bGY1Kg

Job Transition & Unemployment Federal Workforce Resources

A variety of government officials at the state, county, and city level are providing resources that are helping federal workers in Greater Washington. These links are a valuable resource for residents, government employees, active military personnel and veterans, contractors, nonprofits, and businesses to navigate current and future challenges related to federal service changes, disruptions, or policy actions.

State/District Resource Pages

Maryland

Virginia

Washington D.C.

City & County Resrouce Pages

VIRGINIA

Alexandria, Va. 

Arlington County, Va. 

Fairfax County, Va.

Loudoun County, Va.

Prince William County, Va. 

MARYLAND

Charles County, Md. 

Frederick County, Md.

Howard County, Md. 

Montgomery County, Md. 

Prince George’s County, Md. 

Health & Wellness Federal Workforce Resources

As the current federal administration continues downsizing the its government workforce, affected employees will need to make crucial decisions regarding their healthcare coverage once their employment ends. Our partner and member WTOP spoke with officials that understand the complexities of healthcare coverage.

Read more and use helpful links from WTOP here: https://bit.ly/3FiEcwY

If you or someone you know is in crisis, call or text 988 to reach the Suicide and Crisis Lifeline or chat live at 988lifeline.org. 

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ABOUT THE BOARD OF TRADE

The Greater Washington Board of Trade, founded in 1889, is the region’s premier non-partisan business organization representing industry, nonprofits, universities, and government agencies. The Board of Trade addresses complex and always-evolving business concerns that stretch across the District of Columbia, suburban Maryland and Northern Virginia, with a priority focus on inclusive economic growth, improving the business climate, and enhancing the region’s economic competitiveness.  

POLICY ISSUES AND TOPICS THE BOARD OF TRADE IS FOLLOWING

A Tradition of Impact: Reflecting on the 105th Mid-Winter Dinner

Posted on by Board of Trade

More than 700 members, public officials, and regional leaders joined the Greater Washington Board of Trade on March 26 for the 105th Mid-Winter Dinner — an evening grounded in connection and momentum. 

Set within the breathtaking Washington National Cathedral, this year’s event blended elegance, tradition, and a shared commitment to the region’s future. Guests were treated to a moving performance by the National Philharmonic, a gourmet dining experience from Ridgewells Catering, and an atmosphere designed to inspire thoughtful conversation and lasting relationships. 

The Mid-Winter Dinner is more than a celebration; it’s a cornerstone of regional leadership. For over a century, this signature event has brought together changemakers to reflect, refocus, and recommit to advancing the Greater Washington region. In a time when unity and collaboration are more important than ever, the evening served as a reminder of what’s possible when we come together with clarity, purpose, and shared resolve. 

Let’s carry the spirit of Mid-Winter forward to strengthen connections, shape policy, and build a stronger, more resilient region for all. 

View photos from the 105th Mid-Winter Dinner here

We extend our sincere gratitude to all our sponsors for helping make this signature event truly unforgettable. 

Navigating airline travel programs for DC area business travelers

Posted on by Board of Trade
This is a partnership article between United Airlines and the Greater Washington Board of Trade to further efficient transportation and air travel in our region. 

For D.C. area business travelers, United can help you save money and earn rewards

United is proud to call Washington Dulles International one of our seven U.S. hubs. From Dulles alone, we offer daily service to around 60 destinations in the U.S. and Canada and daily or weekly service to 40 international destinations. For business travelers in the Washington, D.C., area, we provide convenient access to major cities in the U.S. and beyond with daily nonstop flights from all three D.C. area airports.

United for Business connects business travelers to their next destination through United’s expansive route network, providing exclusive discounts and amenities. No matter the size of your organization, our program can make your business travel more affordable and enjoyable.

Travel options for businesses of all sizes

Working with airlines for business travel can help you maximize your travel budget. If you work for a large employer, your company may already have a travel program with an airline.

If you work for a small to midsize company, or if you own your own business, you might think you’re too small to partner with an airline – but that’s not the case. Companies that travel for business can benefit even more from airline travel programs by getting access to exclusive discounts and perks that make business trips better.

Business travelers in the D.C. area are invited to learn more about the travel programs available through United for Business. To start exploring with no obligation, just enter your work email.

Savings

Discounts are one of the main benefits of business travel programs and are usually based on travel volume as well as the airline’s route structures. If you have a travel program in place, you’ll get better rates that are negotiated based on the volume of travel.

Discounts can range between 3 and 5 percent, but larger discounts may be available on higher-class tickets or when the airline wants to build volume on routes. With United for Business, discounts are offered to you up front, no matter your spend with the airline.

If your business is smaller or midsized, you could try an “off-the-shelf” travel plan from United for Business. Those are based on specific travel needs, and are helpful if you’re looking to save money, provide your travelers with amenities, or a combination of both.

If you manage travel for your small to midsize business, the United for Business travel management portal is a convenient one-stop shop for booking team travel, setting policies like the maximum budget for a trip, managing forms of payment, tracking travel spend and more. With a holistic snapshot of how your organization spends on travel, saving becomes easier.

Rewards

Partnering with an airline can also get your team rewards to enhance your travel experience – and not just for C-suite employees. Through travel programs, business travelers have more opportunities to earn discounts on perks like access to airport clubs and lounges.

Loyalty program benefits, like those available through United MileagePlus, are one of the most common ways to earn rewards. It’s free for travelers to join MileagePlus® and earn miles to redeem on flights with United and our airline partners. Travelers can use miles for benefits like flight upgrades, lounge access, priority seating and preferred seating.

From D.C. to almost anywhere

As the airline with the most routes out of IAD, we can get you to the biggest business markets in the country with frequent daily service to San Francisco, Los Angeles, Denver, New York and London. We also serve travelers from all three D.C. area airports – Baltimore/Washington International Thurgood Marshall (BWI), Ronald Reagan Washington National (DCA) and Washington Dulles (IAD).

The largest airline network

United now has the largest and most diversified international route network among U.S. airlines. We offer service to more destinations across the Atlantic and Pacific than all U.S. carriers combined.

Our network reaches further through our alliances and strategic agreements with many of the world’s leading global airlines. We’re a founding member of Star Alliance, the world’s largest airline alliance with destinations in nearly 200 countries, which gives your travelers access to routes across the world.

You can usually book flights with Star Alliance airlines on united.com or the United app, if the flight is part of your United itinerary. Plus, you’ll still earn miles and status when you fly with most of our airline partners, just like you would when you fly United.

Learn More: Business travelers in the D.C. area are invited to learn more about the travel programs available through United for Business. To start exploring with no obligation, just enter your work email.

Testimony: Submitted to DC Council, Committee on Business & Economic Development

Posted on by Board of Trade

About this Testimony: Greater Washington Board of Trade President & CEO Jack McDougle submitted testimony to the District of Columbia Council’s Committee on Business and Economic Development for the hearing titled Building a Resilient Economy: Strategies for the District’s Future Growth, Investment, and Stability. This testimony to D.C. Council highlights the critical issue of building a resilient economy for the District of Columbia, especially as the federal government continues to transform and shrink across the region.

Thank you for the opportunity to provide this testimony on the critical issue of building a resilient economy for the District of Columbia. As the federal government continues to transform and shrink across the region, we face a defining moment—one that demands bold action and a strategic reimagining of our economic future. We recognize and appreciate the significant efforts already underway and the progress that has been made, but there is still more to do to ensure long-term economic stability and growth.  

The District’s economic stability has long been anchored by the presence and spending power of the federal government. However, that model is no longer sustainable. Federal employment is shrinking, office vacancies are climbing, and contracting dollars are declining. While this presents clear challenges, it also creates a pivotal opportunity to reimagine our economic foundation—one that is more innovative, diverse, and competitive, positioning the District and our region as a leader in the 21st-century global economy. 

This shift demands more than incremental adjustments—it requires a bold economic roadmap, strategic investments in key industries, and a unified regional approach to ensure long-term growth and stability. At the same time, it’s important to recognize that the federal government will always be a foundational part of our economy. The goal is not to sever ties with the federal sector—but to better leverage a transformed federal presence while expanding non-government private sector leadership to build a more balanced and resilient economy. 

Building a Bold Economic Roadmap 

The District must continue to build and enhance their comprehensive Economic Roadmap that sets clear goals, leverages strategic assets, improves the business environment, reduces reliance on federal employment and spending while maximizing the benefits of a federal presence. This roadmap should focus on: 

  • Reconfiguring Federal Assets: Continue efforts to reconfigure underutilized federal buildings and land, expanding opportunities for mixed-use developments, innovation hubs, and business incubators.  
  • Encouraging Private Sector Investment: Continue developing and refining targeted incentives to attract and retain private sector businesses in high-growth industries. We must reduce barriers to entry for businesses and make the District a more attractive place to launch and grow a business. 
  • Leveraging Federal Transitions: Capitalize on the shift toward remote work and federal downsizing by encouraging private sector expansion into vacated spaces and enhance tax incentives for companies to establish headquarters and operations in the District. 
  • Strengthening Federal-Private Collaboration: Establish more formal partnerships between federal agencies, local government, and the business community to promote knowledge sharing, contracting opportunities, and innovation. 

We cannot allow federal retrenchment to limit our future. Instead, we must seize this moment to redefine our economic identity—moving from a government-dependent city to a dynamic, innovation-driven economy. 

Fueling Innovation and Entrepreneurship 

Innovation and entrepreneurship must be at the heart of our economic strategy. To make Greater Washington a national leader in innovation, we need to: 

  • Expand the Startup Ecosystem: Create new incubators, co-working spaces, and maker hubs to support early-stage businesses. 
  • Increase Access to Capital: Encourage more public-private funds to provide seed and growth-stage capital. 
  • Support Full Life-Cycle Growth: Ensure that startups have the resources not only to launch but to scale and thrive—through mentorship, market access, capital and strategic partnerships. 
  • Leverage Universities and Research Institutions: Foster stronger connections between the District’s and region’s universities and the business community to accelerate tech transfer and commercialization. 
  • Align Federal and Private Innovation: Encourage greater collaboration between federal research and private sector innovation. Federal labs, data, and research capacity are among our greatest underutilized assets—linking them with private sector investment could unlock tremendous growth potential. 

Greater Washington has the talent, infrastructure, and intellectual capital to lead the nation in innovation—we need to unlock that potential with targeted, sustained investment and the right operating environment. 

Diversifying and Strengthening the Economic Base 

A resilient economy is a diversified economy. To build long-term economic strength, the District must focus on accelerating growth in high-potential sectors that are less dependent on federal activity while harnessing federal resources to strengthen those industries: 

  • Technology: Expand support for software development, data analytics, artificial intelligence, and fintech companies. Federal data and research capabilities present a unique opportunity to fuel growth in these areas. 
  • Life Sciences: Strengthen the District’s position as a biotech and health innovation hub through research incentives and partnerships with leading medical institutions and eventually federal research agencies. 
  • Clean Energy: Build on the District’s climate commitments by expanding renewable energy infrastructure and incentivizing clean-tech development.  
  • Cybersecurity: Leverage our proximity to federal agencies and defense contractors to position the District as a leader in cybersecurity and data protection. Establishing a national cybersecurity innovation hub in the District could create thousands of high-paying jobs and drive private sector investment. 

By targeting these sectors and others such as hospitality, education, and media, the District can create a more balanced and competitive economy that drives sustainable growth and job creation—while strategically using federal resources to strengthen these industries. 

Empowering a Future-Ready Workforce 

Economic resilience depends on a workforce that is prepared to meet the needs of a changing economy. We must align our education and workforce development systems with the demands of growth industries: 

  • Expand Education-to-Employment Pathways: Strengthen partnerships between high schools, community colleges, universities, and employers to create clear pathways into high-demand fields. 
  • Support Federal-to-Private Sector Transitions: Expand retraining programs to help former federal employees transition into private sector roles in tech, healthcare, and other high-growth industries. The skills and experience of the federal workforce represent a significant asset that we cannot afford to waste. 
  • Invest in Skills Development: Increase access to apprenticeships, vocational training, and reskilling programs, with a focus on digital literacy, technical skills, and new economy jobs. 
  • Promote Economic Inclusion: Ensure that economic growth benefits all communities by removing barriers to employment and investing in workforce training for underrepresented groups. Don’t limit employment opportunities only to DC. 

An adaptable, skilled workforce will be the foundation of a more competitive and resilient District economy. 

Unifying Regional Efforts for Greater Impact 

Economic challenges and opportunities don’t stop at the District’s borders. To maximize growth, we must strengthen regional collaboration across government, business, and academia: 

  • Support a Regional Economic Development Strategy: Align economic development goals with Maryland and Virginia to create a unified strategy for attracting investment and growing key industries. 
  • Enhance Transportation and Infrastructure Connectivity: Improve transit options and regional infrastructure to increase mobility and economic integration. 
  • Coordinate Business Attraction and Retention: Work with regional partners to create competitive incentives and reduce duplicative efforts. 
  • Leverage Federal and Regional Assets: Develop a coordinated plan to maximize the economic potential of federal properties and regional research institutions. 

A unified regional approach will give the District a competitive edge in the global marketplace and drive collective economic growth. 

Conclusion 

The shrinking federal footprint is just the start of District’s economic future—it is a defining opportunity to build a more dynamic, innovative, and resilient economy. By developing a bold economic roadmap, creating a more supportive business environment, fueling innovation, diversifying our economic base, empowering a future-ready workforce, and strengthening regional collaboration, we can position the District not only to withstand future economic shocks but to emerge stronger and more competitive. 

But this isn’t about replacing the federal government—it’s about strategically using the strength of the federal presence to fuel private sector growth and innovation. We need to transition from a government-dependent city to a government-enhanced city—where federal resources, workforce expertise, and strategic positioning are leveraged to build a broader, more dynamic economic base. 

The time for action is now. The decisions we make today will determine whether the District remains tethered to the past—or becomes a global leader in economic resilience and innovation. 

Thank you for the opportunity to testify.  

Letter to Congress: Addressing Concerns with House Concurrent Resolution 14

Posted on by Board of Trade

About this Letter: Jack McDougle, President & CEO of the Greater Washington Board of Trade, has sent a letter to Senator John Thune and Speaker Mike Johnson expressing deep concerns over House Concurrent Resolution 14 (H.Con.Res.14) and its potentially devastating impact on the region’s economy and budget funding for Washignton, D.C. This letter was also sent to additional congressional leaders in the House and Senate who represent our region. A similar piece of legislation was also submitted to the U.S. Senate. 

Dear Senator John Thune and Speaker Mike Johnson, 

I’m writing on behalf of the Greater Washington Board of Trade, which has represented the business community of the Washington metropolitan region since 1889, to express our deep concern about the harmful impacts of House Concurrent Resolution 14 (H.Con.Res.14). This bill would inflict serious economic harm not only on government workers and contractors but on the broader business community, working families, and the overall economic stability of our region. We urge you to work toward a more balanced and sustainable solution. 

The consequences of this bill would extend well beyond the public sector, creating a ripple effect throughout the broader economy. Abrupt federal spending cuts at this scale would weaken consumer demand, lower business revenues, and drive-up unemployment. Businesses large and small—especially those in retail, hospitality, real estate, and professional services—would face declining sales and rising costs as reduced spending and economic uncertainty take hold.  

Infrastructure and public services, including transportation, public safety, healthcare, and education, would also suffer, further straining business operations and reducing overall economic productivity. The combined effect of declining business confidence, lower investment, and financial strain would threaten long-term growth and regional competitiveness well beyond any short-term economic downturn. 

While we recognize and support the importance of fiscal responsibility, especially bringing down the national debt and lowering debt service payments, the scale and speed of the proposed cuts would cause more harm than good. Deficit reduction cannot come at the expense of jobs, economic stability, and essential services. A destabilized economy in the capital region would have far-reaching national and global consequences. 

Instead of indiscriminate, across-the-board cuts that threaten economic stability, we urge you to consider more targeted and thoughtful strategies to reduce costs. A few examples: 

  • Modernizing government operations through increased automation and streamlined processes to reduce costs while improving efficiency. Creating better experiences for the American people. 
  • Reducing waste and inefficiency in federal contracting by improving oversight, implementing targeted cuts, and eliminating redundant programs would result in significant savings without undermining economic growth or essential services. 
  • Reforming healthcare spending by focusing on preventive care and reducing administrative overhead would generate long-term savings without compromising coverage or quality of care. 
  • Closing tax loopholes and improving enforcement to ensure fair tax compliance would raise revenue, create a level playing field, and reduce the deficit without undercutting business growth or middle-class stability. 

The proposed budget cuts, on the other hand, would have specific and measurable negative effects, including: 

  1. Increased Risk of a Long-Term Recession Across Our Region – The Chief Financial Officer (CFO) of the District of Columbia has issued a revised economic forecast showing a reduction in local revenues of more than $1 billion over the financial plan period, with an average annual decrease of approximately $342.1 million from FY 2026 through FY 2028. 
  2. Widespread Private Sector Job Losses and Economic Instability – The House budget bill could result in the loss of 50,000 to 75,000 private-sector, non-government contractor jobs in the Greater Washington region over the next two years. The hardest-hit sectors would likely include retail, hospitality, real estate, professional services, and healthcare due to lower spending and overall economic activity. 
  3. Strain on Small Businesses and Reduced Investment – Small and mid-sized businesses in the Greater Washington area generate over $120 billion in annual economic activity. The House bill would weaken business revenues and limit access to capital, leading to business closures and reduced investment in growth. 
  4. Education Crisis and Lower Student Outcomes – The proposed budget requires the House Education and Workforce Committee to identify $330 billion in spending reductions over ten years, which could impact federal education programs. While the resolution does not explicitly mandate cuts to Title I grants, the scale of reductions raises concerns about funding for teachers, instructional materials, and support services. These cuts could lead to larger class sizes, reduced access to special education and mental health resources, and fewer after-school programs. Research shows that such conditions contribute to higher dropout rates, lower academic performance, and diminished workforce readiness, ultimately limiting future economic mobility.
  5. Increased Crime and Public Safety Challenges – Cuts to federal funding would undermine public safety efforts. Reduced support for mental health services, substance abuse programs, and job training initiatives would remove critical resources that help prevent crime and reduce recidivism. A weakened local law enforcement infrastructure would diminish the ability to respond to public safety threats and maintain order. 
  6. Strains on Public Infrastructure and Services – Substantial cuts to federal funding for transportation and healthcare would have immediate consequences for the region’s quality of life. The Washington Metro system, which serves more than 800,000 riders daily, would face service disruptions, increased fares, and reduced reliability—deterring both workers and businesses from staying in the region. Healthcare access, particularly for underserved communities, would also suffer as federal support for Medicaid and local health programs is scaled back, which would affect all patients. 
  7. Housing Market and Financial Instability – A rise in unemployment and reduced confidence would hit the housing market hard. Home prices in the region, which have risen steadily over the past decade, would decline by 5% to 8% within the next year as demand weakens. Increased foreclosures and higher rental costs would add to financial strains for working families and undermine regional bank stability. 
  8. Growing Federal Deficits Despite Cuts – Ironically, the proposed cuts are unlikely to meaningfully reduce the deficit. The CBO has projected that reduced economic activity resulting from these cuts could lower tax revenues by $150 billion over the next decade, undermining deficit reduction efforts. Increased demand for unemployment assistance and other social programs would likely offset much of the intended savings. 
  9. Loss of Global Competitiveness – The Greater Washington region is a critical economic engine for the nation. Disruption here would have a detrimental effect on global confidence in the U.S. economy. Reduced business confidence and weakened infrastructure would make it harder to attract and retain talent, driving business activity to competitor markets abroad. 

The economic strength of the Greater Washington region is not just a local concern—it’s a matter of national importance. The businesses, workers, and families that power this region’s economy need thoughtful and balanced solutions, not short-sighted austerity. We strongly urge you to work toward a bipartisan solution that preserves economic stability, protects jobs, and supports businesses of all sizes. The Greater Washington Board of Trade stands ready to work with you and your colleagues to craft a more responsible and sustainable path forward. 

We cannot cut our way to prosperity. We must manage our resources responsibly and make smart investments in our shared future. Thank you for your attention to this critical issue. 

Sincerely, 

Jack McDougle 

President and CEO

Greater Washington Board of Trade 

 

See Additional Testimonies and Letters of Support we have submitted recently:

Testimony to DC Council: Workforce Strategies Must Support Economic Growth and Resilience

Letter of Support: ‘Local Funds Act of 2025’ Protects DC’s Authority to Spend Locally Raised Revenue

Testimony: Submitted to DC Council, Committee on Business & Economic Development

Congress Should Preserve DC’s Home Rule and Withdraw the Bowser Act | WBJ Viewpoint

Cultivating Innovation & Collaboration: Key Takeaways from Recent Board of Trade Executive Lunches

Posted on by Board of Trade

Over the past few months, our executive lunch series has brought together leaders from across industries to engage in meaningful discussions on resilience, innovation, and the future of business in the DC region. With expert facilitators across our membership, each session fostered an open exchange of ideas, centering on personal leadership challenges and strategies for navigating them successfully.  

Regional Growth and Infrastructure: Moving DC Forward 

Transportation and workforce development were key topics, as leaders examined how regional collaboration can drive economic growth. Board of Trade President & CEO Jack McDougle provided a deep dive into DMVMoves and efforts to create sustainable long-term solutions for transportation funding and operations. Discussions also touched on: 

  • Updates on major infrastructure projects, including Maglev’s progress, autonomous vehicle permitting in DC, and innovative transit solutions like using county buses for school transportation. 
  • Workforce development initiatives, emphasizing the need for businesses and universities to collaborate in retaining top talent and expanding opportunities for local students. 
  • Economic competition across regional lines, shifting the mindset from a zero-sum game to attracting and developing a diverse workforce that serves multiple industries. 

Innovation and the Business Landscape 

Emerging industries, technological advancements, and the role of policy in fostering innovation were also key discussion points. Leaders explored ways to position DC as a global hub for business and technology, emphasizing: 

  • The potential for AI and energy innovation, leveraging the region’s strengths in data centers, federal institutions, and top-tier universities. 
  • The need for collaborative policies that support startups and technology innovation. 
  • Business retention and student opportunities, with ideas for expanding internship programs and creating direct pipelines from high schools to local universities. 

Navigating the Return-to-Office Debate: Leadership, Culture, and Policy

In a thought-provoking discussion, a recent discussion highlighted how communication and leadership clarity play a crucial role in shaping organizational performance. Instead of transitioning to remote work, organizations are now grappling with the challenges of bringing employees back to the office under a federal mandate, even as many private companies take a more flexible approach.

This shift has sparked important conversations about workplace policies, with organizations weighing the benefits and drawbacks of full-time in-office work versus hybrid models.

  • Federal vs. Private Sector Approaches – While the government is mandating a return to the office, many private companies are prioritizing flexibility, recognizing that employees have adapted to remote and hybrid work.
  • Balancing Productivity and Collaboration – Full-time office work fosters in-person collaboration and structure, while hybrid models offer flexibility and, for many, increased productivity.

However, beyond policy decisions, one key factor remains central: organizational culture. A strong, clearly communicated culture that prioritizes serving clients, maintaining work quality, and fostering collaboration is what ultimately drives success. More than just where employees work, it’s about ensuring everyone understands the goals and mission that guide the organization forward.

What’s Next? 

These discussions reinforced that DC is an asset-rich region with significant opportunities for growth, but strategic collaboration remains key. From transportation and workforce retention to AI and energy innovation, business leaders are focused on long-term solutions that ensure sustainable success. 

As we continue these conversations, we invite our business community to actively engage in shaping the future of the region. Stay tuned for upcoming events where we’ll explore these themes further and continue building momentum for a resilient, innovative, and thriving DC business ecosystem. 

A special thank you to our recent facilitators: Kevin Dougher, EVP, Johnson, Kendall & Johnson, Inc.; Jane Williams, SVP & National Practice Consultant, HNTB; Licy DoCanto, Founder, The DoCanto Group; Cindy Bean, VP, Government & Regulatory Affairs, Comcast; Lizabeth Wesely-Casella, Founder & Chief Executive Officer, L-12 Services.

Thank you to our recent sponsors, including United Airlines and L-12 Services, for helping make these lunches possible!

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