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

Category: Insights

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.

VIEW MORE PHOTOS FROM THIS EVENT

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 3 – Job Fair For Federal Workers and Contractors

Congressman Don Beyer, in partnership with the City of Alexandria, the City of Falls Church, Arlington County and Fairfax County, invites all federal workers and interested jobseekers to attend a networking and hiring fair. The event featured participation from nearly 50 companies across tech, healthcare, and local government, with breakout sessions led by current and former federal employees, on-site headshot and resume services, and comprehensive wrap-around support including housing and workforce development assistance.

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.

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!

UPCOMING BOARD OF TRADE EVENTS

Courageous Leadership: Navigating Uncertainty & Taking Bold Action

Fireside Chat on AI with Congressman Don Beyer

DC Water CEO David Gadis Highlights Urgent Infrastructure Needs and Future Solutions

Posted on by Board of Trade

The Board of Trade hosted DC Water CEO and General Manager David L. Gadis on Feb. 26 for an insightful discussion with regional industry leaders. The conversation provided a comprehensive look at the challenges and opportunities facing the District’s water system.

With 80% of the infrastructure exceeding its expected lifespan, including pipes dating back to the Civil War, Gadis emphasized the urgent need to address system vulnerabilities. He warned that a major system failure could cost the region up to $150 million per day in losses, a number that would continue to grow with each additional day of service disruption. Additionally, he highlighted the District’s reliance on a single water source, making it the only major U.S. city without a secondary supply.

The discussion also explored the need for federal approvals and investments to secure additional water sources and storage facilities, such as the Travilah quarry. Securing these alternatives is essential to strengthening the region’s long-term water resilience, and DC Water is continuing to monitor any potential financial cutbacks at the federal level that could impact funding for its projects.

Gadis addressed questions about DC Water’s strategy for maintaining a sustainable and reliable water supply. He stressed the importance of public-private partnerships in advancing key initiatives while ensuring water affordability. He also highlighted ongoing projects like the Lead Free DC Initiative -to replace lead service lines- and the Clean Rivers Project – a large-scale tunnel project designed to reduce pollution and enhance the system’s resilience.

CHECK OUT MORE EVENT PHOTOS HERE

With global challenges like sea-level rise and aging infrastructure, Gadis underscored the need for proactive measures and sustainable practices. Through continued collaboration, innovation, and forward-thinking initiatives, DC Water remains committed to delivering high-quality, sustainable water service to the D.C. community for generations to come.

Gadis also spoke extensively about the importance of D.C.’s Anacostia and Potomac rivers and the ongoing need for effective monitoring systems. He emphasized collaboration with the Army Corps of Engineers and localities in Virginia and Maryland to ensure continued improvements in water quality.

He highlighted the critical role of partnerships in maintaining the health of these waterways, particularly after storms, which require coordinated cleanup efforts along the Anacostia River. He also noted the need for ongoing monitoring of the Potomac River to detect and address potential threats, such as droughts or algae blooms, that could impact water filtration and supply.

In closing, Gadis spoke about his journey to becoming the head of DC Water as a third-generation water utility professional, including his previous stint as the President and CEO of the Indianapolis Water Company. It was an inspiring moment when he shared how his career path has allowed him to help people and serve communities, including helping provide water to more than 700,000 District residents and 25 million annual visitors as the leader of DC Water.

Thank you to DC Water and David L. Gadis for engaging our membership about water resiliency and the need to look at the region’s water systems as a vital economic source that must be invested in and maintained for the future of our communities.

LEARN MORE ABOUT REGIONAL WATER SUSTAINABILITY EFFORTS 

Report: Alarming Economic Impacts on DC Region if Faced with Water Supply Disruption

Building Bridges: A Community Dialogue on the Future of 11th Street Bridge Park

Posted on by Board of Trade

The Board of Trade convened an impactful discussion at Accenture’s Innovation Hub in Downtown D.C. on March 5, bringing together business leaders, nonprofit organizations, and community stakeholders for A Community Conversation with 11th Street Bridge Park. This event, part of our broader Pathways to Prosperity initiative, underscored the power of collaboration in advancing equitable economic growth across our region. 

The 11th Street Bridge Park project of the Ward 8 non-profit Building Bridges Across the River is a national model for business-nonprofit collaboration that will bridge community access from Navy Yard to Anacostia. Board of Trade members, regional leaders, and changemakers engaged in a dynamic exchange about this investment and others shaping the region’s future, particularly in historically underserved areas.

A Collective Commitment to Inclusive Growth 

The conversation showcased the dedication of our partners, Accenture, 11th Street Bridge Park, Comcast, TD Bank, and many others, who are working to expand economic opportunities and build stronger communities.

The discussion reinforced a critical point: there are countless challenges that can derail projects, but success is built through persistence, partnership, and a commitment to economic, environmental, and community well-being. This initiative is about more than just a bridge; it is about cutting through the noise, focusing on investments that create impact, and ensuring that community-driven development leads to long-term prosperity. 

VIEW MORE PHOTOS FROM THIS EVENT

Leveraging Strengths to Drive Impact 

One of the most compelling takeaways from the event was the recognition that no one entity has all the answers, but together, we bring the expertise and resources necessary to drive meaningful change. Collaboration is not just beneficial; it is essential for achieving sustainable economic progress. 

While the moral case for inclusive economic development is well understood, the event emphasized the economic imperative of investing in communities. With over $1 billion in economic development expected in Ward 8 over the next five years, now is the time to be intentional about ensuring these investments serve the local community. Through partnerships with trusted organizations, we can help expand market opportunities, enhance financial literacy, and create stronger, more resilient businesses. 

An Opportunity to Get It Right 

The stakes are high, but so is the potential for transformational impact. The Board of Trade remains committed to amplifying initiatives that foster whole-community solutions, addressing systemic barriers, and creating pathways for generational economic mobility. 

This event aligns directly with our Pathways to Prosperity and Business Growth Initiative frameworks, which focus on advancing equitable access to capital, business growth, and workforce development as key drivers of regional success. By continuing to champion public-private-philanthropic collaborations, we can help build an inclusive economy that benefits everyone. 

Looking Ahead: Join the Movement 

The Greater Washington Board of Trade will continue to bring leaders together to drive forward-thinking conversations and actionable strategies for regional economic growth. We invite our members and stakeholders to stay engaged, whether by attending future convenings, participating in leadership workshops, or collaborating on initiatives that expand economic opportunity. 

If you’re interested in learning more about our efforts or becoming part of the solution, contact us today. Together, we can build a stronger, more inclusive regional economy. 

Full Recording of 11th Street Bridge Park Conversation

Beyond the Data: 2024 NAEP math results are alarming

Posted on by Board of Trade

Below is a letter on the Release of 2024 NAEP Math Results from our member and partner at the Collaborative for Student Success that the Greater Washington Board of Trade has signed on to and supports:

The latest National Assessment of Educational Progress (NAEP) results in mathematics should alarm us all and spur urgent action — particularly as recent research shows that math scores are closely tied to salary at age 30 for children of all backgrounds.1 Yesterday’s release of the Nation’s Report Card highlights significant and ongoing challenges in student math achievement — challenges that must be addressed by states, districts, and schools to prepare students for the workforce demands of today and tomorrow.

“Every time our nation is faced with low results on the NAEP exam, we express shock and dismay at the state of math education in our country,” said Jim Cowen, Executive Director of the Collaborative for Student Success. “But 48 hours later, the headlines fade, and little changes. This time must be different. Let’s commit to concrete action to improve math achievement for all students.”

We, the undersigned, recognize the challenge these results present. Rather than dwell on the numbers, we call on states and districts to take decisive action by adopting policies that will raise student math achievement. United, we ask policymakers to embrace bipartisan solutions that help ensure all kids — especially those from under-resourced communities — have access to a high-quality math education.

Together, we recommend six key strategies, backed by research and practice:

  • Expand access to high-quality instructional materials aligned to rigorous standards.
  • Provide educators with high-quality professional learning focused on effectively using instructional materials in the classroom.
  • Increase instructional time by extending learning opportunities before, during, and after the school day.
  • Automatically enroll students into advanced math courses based on objective assessment results or other data.
  • Hold teacher preparation programs accountable for equipping teachers with the skills and content needed to succeed in math instruction.
  • Leverage math coaches at the school or district level to work closely with teachers to improve classroom practice and, ultimately, student math achievement.

Moreover, we call upon local leaders to directly connect the math needs of our students to the workforce necessities of our communities. There’s no question that the more students that have a strong math education, the stronger our workforce will be.

“Business and industry leaders across our region, and the nation, are seeking applicants with strong math, reasoning, and data analysis skills,” said Jack McDougle, President & CEO, Greater Washington Board of Trade. “Both a child’s potential for success and the future health of our workforce are dependent on equipping students with the skills that math helps form and strengthen.”

Progress is Possible — and Already Happening
States across the country are proving that progress is within reach:

  • Rhode Island and Mississippi alike have taken concrete steps to increase access to high-quality instructional materials in math.
  • Texas, Washington, and North Carolina have implemented automatic enrollment policies to ensure students are not overlooked for advanced math coursework.
  • Arkansas and Massachusetts have strengthened teacher preparation programs, requiring higher standards for math instruction.
  • Alabama and Colorado are offering programs and resources that empower teachers to improve instruction and extend learning beyond the classroom.

These success stories demonstrate that bipartisan action can yield real results. Now is the time for every state and district to follow their lead.

Yes, the NAEP results are concerning — but we cannot let them be the final word. Instead, they should be the starting point for collective action. Together, we can ensure that every student has the opportunity to excel in math.

It is time to move past the data and ensure that our collective actions speak louder than the numbers released yesterday.

Below are companies and organizations that have signed on to support this letter: 

A+ Education Partnership
Best NC
Collaborative for Student Success
EdTrust
EdTrust-West
Educate Texas
Education Reform Now
Educators for Excellence – NY
EmpowerK12
ExcelinEd
Greater Washington Board of Trade
Just Equations
Maryland Out of School Time Network
Maryland STEM Education to Employment Ecosystem
Memphis Lift
Nashville PROPEL
National Alliance for Public Charter Schools
National Council on Teacher Quality
National Parents Union
NewMexicoKidsCAN
OhioExcels
Parent Shield Fort Worth
Powerful Parent Movement
Prichard Committee
STEM Center of Excellence, Inc.
Thomas B. Fordham Institute
TNTP
Zearn Math

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