CED Newsletter, November 10, 2021: Celebrating the Passage of the Bipartisan Infrastructure Bill
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CED Newsletter, November 10, 2021: Celebrating the Passage of the Bipartisan Infrastructure Bill

November 10, 2021 | Newsletters & Alerts

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Good morning.

CED resolutely welcomes the passage of the bipartisan Infrastructure Bill. Late last week, the House passed the Senate bill in a bipartisan vote that included 13 Republicans. Long overdue, it is an inflection point to not only acknowledge the passage of legislation central to the recovery, growth, and prosperity of the American and global economies, but also the fact that bipartisan, non-partisan solutions are achievable and, clearly, the most important pathway to long-term, sustainable success.

With the support and guidance from our Trustees, CED pursued an intensive and dedicated effort to achieve a bipartisan solution to this critical national priority. A very special thanks goes to the Trustee members of the CED Infrastructure Committee, the Technology & Innovation Committee, and the Smart Regulation Committee for their dedicated work on three central Solutions Briefs, which provided our analysis and solutions to this challenge and served as the basis for our 360-degree approach to outreach and impact. They are: 

  • A US Infrastructure Plan: Building for the Long Haul, published February 18
  • Broadband Access: Connecting America, published March 2
  • Building Infrastructure in Real Time: Avoiding Regulatory Paralysis, published September 14

Our outreach efforts, included, along with the Solutions Briefs:

  • More than 50+ Trustee briefings with members of Congress, senior congressional staff, senior policy officials in the Executive Branch, and public policy experts on our recommended solutions;
  • several webcasts for the business and policy communities;
  • op-eds signed by our Trustees, policy briefs, and podcasts in our Sustaining Capitalism podcast series.

As the President and Congress now turn their attention to the Build Back Better Reconciliation Budget Legislation, CED is continuing its efforts to secure a reconciliation budget bill that sets priorities and is, most importantly, both paid for and one the US can afford, as delineated in the Fiscal Health Committee’s Solutions Brief, The Reconciliation Bill: Finding an Affordable Way to Build Back Better.

As policymakers debate the current proposal, they must make its impact on the nation’s fiscal health a top consideration. As detailed in a paper I co-wrote for the Peter G. Peterson Foundation with Chief Economist at The Conference Board, Dana Peterson, the US debt is on track to surpass historic highs in the next decade. Astronomical debt levels will slow the growth of economic health and recovery and could undermine global confidence in the US dollar, rocking international markets. Read the full paper here.

Additionally, last week, after much anticipation, the Occupational Safety and Health Administration (OSHA) announced the guidelines for vaccination and COVID-19 testing for businesses with 100 or more employees. The next eight weeks will be consequential for businesses: The new guidelines stipulate that, by January 4th, all employees must be vaccinated or show weekly proof of a negative COVID-19 test.

How the actual implementation of these guidelines will go has yet to be seen. Moreover, what may upend this order is the recent emergency stay of the OSHA requirement issued by the federal 5th US Circuit Court of Appeals. So far, at least 27 states have filed lawsuits challenging the ruling.

Next week, we will discuss this, and other very timely topics, during CED’s Bi-Annual All-Trustee Policy Discussion. On Wednesday, November 17, from 12:00 p.m. ET – 2:00 p.m. ET, Trustees will first hear about the economic recovery from Dr. Austan D. Goolsbee, former Chairman of the Council of Economic Advisers and member of the President’s Cabinet, and current Robert P. Gwinn Professor of Economics, UChicago Booth. He will present on “The Economic Recovery: Too Much Heat?”

Next, Bret Stephens, Pulitzer Prize winning New York Times Op-Ed Columnist, will brief Trustees on “The Future of the Republican Party and Conservatism in America.” The event will conclude with a Trustee-Only Roundtable on "Understanding the OSHA ETS Vaccine Mandate Guidelines" with Camille Olson, Partner, Seyfarth Shaw LLP, and a Trustee of CED and The Conference Board. Camille also serves on the National Labor and Employment Law Steering Committee and is the past National Chairperson of the Labor and Employment Practice Department.

In other news, CED continues to shine a light on the extraordinary leaders who helped their companies and operating communities emerge from the crises of the last year stronger than before. Three of these exemplary individuals— Margaret Keane, Executive Chair of Synchrony; Noubar Afeyan, Founder and CEO of Flagship Pioneering and Co-Founder and Chairman of Moderna; and Brian Moynihan, Chairman and CEO of Bank of America—were recognized for their contributions at CED’s recent Distinguished Leadership Awards Celebration. A key theme in each of their acceptance speeches was addressing the various forms of social, health, and economic unrest by taking bold actions. Highlights from each of their speeches are below.

Lastly, be sure to listen to the latest episode of the Sustaining Capitalism podcast, moderated by Cindy Cisneros, Vice President of Education Programs at CED. Cindy sits down with Dr. Nan Travers, Executive Director of the Center for Leadership in Credential Learning at SUNY, to discuss the innovate new Credential As You Go initiative. The program works to capture uncounted learning and apply those skills toward a degree. Listen to the full episode here.

More news, including a full slate of upcoming events, is below.

Lori-Esposito-Murray-Signature.png

Dr. Lori Esposito Murray
President
Committee for Economic Development (CED)
of The Conference Board

 
Bi-Annual All-Trustee Policy Discussion

Save the Date: CED All-Trustee Policy Discussion, November 17

On Wednesday, November 17, 12:00 p.m. ET – 2:00 p.m. ET, CED will hold its Bi-Annual All-Trustee Policy Discussion. Dr. Austan D. Goolsbee, former Chairman of the Council of Economic Advisers and member of the President’s Cabinet, and current Robert P. Gwinn Professor of Economics, UChicago Booth, will start the session with a Trustee Briefing on “The Economic Recovery: Too Much Heat?”

Next, Bret Stephens, Pulitzer Prize winning New York Times Op-Ed Columnist, will then brief Trustees on “The Future of the Republican Party and Conservatism in America.” This will be followed by a Trustee-Only Roundtable on "Understanding the OSHA ETS Vaccine Mandate Guidelines" with Camille Olson, Partner, Seyfarth Shaw LLP, and a CED Trustee. Camille serves on the National Labor and Employment Law Steering Committee and is the past National Chairperson of the Labor and Employment Practice Department.

For more information, please contact Anthony Vecere. 

Margaret Keane and Dr. Lori Esposito Murray

Award Honoree Margaret Keane of Synchrony: Committed to Uplifting Diverse Employees from All Backgrounds

Margaret Keane started her career working in a call center, and in the decades since, she rose to lead Synchrony, a top consumer finance organization. But as she rose in the company ranks, Margaret never forgot where she started. Margaret was awarded CED’s Peter G. Peterson Award, which recognizes corporate executives who champion issues in the public interest and hold themselves to the highest standards of ethics and integrity.

At CED’s recent Distinguished Leadership Awards Celebration, Margaret was introduced virtually by Tom Wilson, Chair, President & CEO of Allstate.

Among the top insights from Tom Wilson’s introduction and Margaret Keane’s acceptance speech:

  • As Tom Wilson explained in his introduction, Margaret has always fought for others. “Margaret has amazing empathy and truly understands other’s perspectives. She knows what it is like for female executives to compete and win,” Tom said. “But no matter how high she climbs, she understands it is important for our leaders to ensure we can all be our true selves.”
  • "In my life and career, I’ve been the beneficiary of others' commitments to inclusiveness,” Margaret said. “Even as I was growing in my career, I still felt like there were times when I didn’t belong at the table, when I wasn’t accepted, and maybe worse, dismissed. That’s why I’ve made it my mission to pull up chairs for others to increase the diversity of our tables.”
  • Synchrony has committed to paying a living wage to all employees. The company just moved to $20 an hour, and the reaction among employees has been universally positive. “They don’t have to work a second job, when they could be with their families at the dinner table,” Margaret said. “I encourage all of us to think about a living wage.”
  • As companies think about preparing the next generation of workers, Margaret encouraged her peers to look to innovative upskilling and reskilling programs. Qualified workers can learn skills in a variety of ways and settings, she said, and companies should be willing to embrace candidates with non-traditional paths to employment.
  • “Peter G. Peterson encouraged us to not only grow as business leaders, but as business patriots,” Margaret said. “Patriots, that’s a word that is so important today as stewards of the public good. For me, that starts and ends with putting people first. It requires a commitment to building a workforce that allows choice and flexibility in how, when, and where employment works. It means investing in, and delivering, opportunities for individuals to acquire skills and get an education. And above all, it means expanding the table and committing to inclusivity.”

Watch Margaret Keane's acceptance speech (9 minutes, 39 seconds) »

Watch Tom Wilson's introduction (3 minutes, 16 seconds) »

Dr. Lori Esposito Murray, Noubar Afeyan, and Kenneth C. Frazier

Award Honoree Noubar Afeyan of Flagship Pioneering and Moderna: Leaping into the Unknown

Moderna became a household name seemingly overnight, following the company’s successful development and distribution of a safe and effective COVID-19 vaccine based on mRNA technology. But behind the historic accomplishment was a commitment to innovation, collaboration, and risk-taking, shared Noubar Afeyan, the Founder and CEO of Flagship Pioneering and Co-Founder and Chairman of Moderna. He was awarded CED’s Distinguished Leadership Award for business stewardship and corporate citizenship, in large part due to his substantial contributions to develop and manufacture the COVID-19 vaccine and defeat the pandemic.

At CED’s recent Distinguished Leadership Awards Celebration, Noubar was introduced by Kenneth C. Frazier, Executive Chair of the Board, Merck.

Among the top insights from Kenneth C. Frazier’s introduction and Noubar Afeyan’s acceptance speech:

  • As Kenneth Frazier shared in his introduction, under Noubar’s leadership, Flagship Pioneering has launched more than 100 science-based businesses, filed more than 12,750 patents, and created a pipeline of more than 50 clinical programs. “It’s just amazing,” he said.
  • Since its inception in 2000, Noubar has steered Flagship Pioneering to take enormous leaps into the unknown. Moderna is just one impressive example. “The use of messenger RNA as a medicine in 2010 was just a fantasy—in fact, many people called us that." Noubar said. "That was exactly the right place to leap for us. We needed to make the fantasy a reality by doing science. And what took us there was the belief that if it could be proven to work, the benefits would be impactful.”
  • The mRNA technology was indeed successful, and Moderna was able to develop and manufacture a safe and effective COVID-19 vaccine in record time. More than a billion doses of the Moderna vaccine have been deployed across the globe, Noubar said. In 2022, the company plans to increase its capacity to 3 billion doses to build a comprehensive vaccine plan in the world’s poorest countries.
  • The pandemic has created a sense of disruption and dislocation that closely mirrors Noubar’s personal experiences as both an immigrant and the descendent of genocide survivors, he shared. “We’re all going to experience what it’s like to be a survivor of an unexpected tragedy, an unexpected dislocation, and I wonder if we’re ready for that,” he said.
  • "Historically, those who survive loss and displacement emerge with a much stronger sense of life,” Noubar said. “In fact, many of them become immigrants, and that immigrant mindset makes them more open to try new things, take risks, leap, innovate. They can imagine a new world because they have to inhabit a world unfamiliar to them. They can invent with bravery and imagination because they have to summon that bravery to leap into the unknown and reinvent their lives, as we will have to do. If we choose to, we can harness the dislocation and disruption the pandemic forced upon us, and tap into that immigrant survivor mindset to reimagine, reinvent, and leap into new possibilities when the crisis subsides.”

Watch Noubar Afeyan's acceptance speech (10 minutes, 45 seconds) »

Watch Kenneth C. Frazier's introduction (5 minutes, 12 seconds) »

Dr. Lori Esposito Murray, Brian Moynihan, and Julie Sweet

Award Honoree Brian Moynihan of Bank of America: To Sustain Capitalism, Prioritize Stakeholders

Brian Moynihan, the Chairman and CEO of Bank of America, has always prioritized giving back—be it by helping members of his community through programs to encourage economic opportunity, advancing environmental priorities, or focusing on stakeholders. Brian was awarded CED’s Distinguished Leadership Award for business stewardship and corporate citizenship, thanks to his continued efforts to build a stronger community through company initiatives, a new global ESG reporting framework, and a commitment to sustaining capitalism.

At CED’s recent Distinguished Leadership Awards Celebration, Brian was introduced by Julie Sweet, Chair and CEO of Accenture.

Among the top insights from Julie Sweet’s introduction and Brian Moynihan’s acceptance speech:

  • As noted in Julie Sweet’s introduction, Brian has been practicing stakeholder capitalism before it had a name. “He did so by relentlessly pursuing responsible business growth. And that meant that when the pandemic hit, Brian and his leadership team were not only able to make sure that their frontline workers were there in the community and keeping people safe, but that BoA would thrive and emerge stronger,” Julie said.
  • To help employees balance remote work and caregiving responsibilities, Bank of America began offering a $100 daily stipend to pay for childcare costs during the pandemic, Brian explained. The company also raised its minimum wage to $21 an hour, donated $100 million to charities for medical supplies, and gave away $33 million worth of face masks so community members did not have to choose between spending money on food or personal safety, he said.
  • Two of Brian’s key focus areas are environmental and racial justice. Bank of America has pledged to be net-zero by 2050, and the company has committed $1 trillion over the next eight years to help its clients make a just transition to sustainable practices. The company also pledged more than $1 billion to help advance racial equity and economic opportunity through jobs, housing, businesses, and health care.
  • “As CEOs, we face a dual responsibility—we have to deliver for our shareholders, and deliver for society,” Brian said. He went on to describe a concept called ‘the genius of the and.’ “Profits and purpose. Delivering for shareholders and society. It is the basis of stakeholder capitalism, an idea core to how our company works to support our teammates, clients, communities, and our shareholders every day.”
  • "The private sector is the key to solve the big things, and capitalism is the way to do that,” Brian said. “Capitalism done right is the way to do that. And our job as CEOs is to lead companies in a way that does capitalism right for our team, our customers, our shareholders, and our communities. It’s not stakeholder capitalism, it’s the right thing.”

Watch Brian Moynihan's acceptance speech (11 minutes, 24 seconds) »

Watch Julie Sweet's introduction (5 minutes, 37 seconds) »

Debt Matters: Policymakers Must Keep Fiscal Health Top of Mind

Debt Matters: Policymakers Must Keep Fiscal Health Top of Mind

As Congress continues to work through a reconciliation budget bill that would fundamentally expand and transform the role of government in the US economy, policymakers must remain committed to fixing the country’s fiscal health and addressing the nation’s outsized debt and deficits. That’s the crux of a new paper co-authored for the Peter G. Peterson Foundation by CED President Dr. Lori Esposito Murray and Chief Economist at The Conference Board, Dana Peterson. The paper is part of a major initiative undertaken by the Peter G. Peterson Foundation, which includes the release of a series of papers by some of the top economists and analysts in the fiscal policy space, on the left and right, looking at challenges facing the US economy in the wake of the pandemic.

The nation’s fiscal health was deteriorating long before the pandemic, and by the end of 2020, the debt held by the public exceeded $21 trillion. At 100.1 percent of GDP, the current US debt is slightly more than the size of the economy and is on track to surpass historic highs in the next decade. To keep the debt from spiraling out of control and becoming catastrophic for the overall economy, legislators must set priorities, ensure there is sufficient funding to pay for these initiatives, and return the reconciliation budget process to one that reduces deficits and debt. CED’s recommendations include making fiscal responsibility a priority, being realistic about all costs, leveraging the private sector for collaboration, reforming taxes, and segmenting off the pandemic-related debt to deal with first.

Read the paper »

Read the related Solutions Brief, The Reconciliation Bill: Finding an Affordable Way to Build Back Better »

Sustaining Capitalism with Dr. Nan Travers

Capturing Uncounted Learning: Credential As You Go Initiative Works to Transform the Nation’s Credentialing System

Although the majority of employers today still use a college degree as a gold standard of evidence for competencies to successfully fulfill a job position, leaders of the new Credential As You Go initiative are suggesting a bigger role for higher education that would help serve students more fairly and effectively. On the latest episode of the Sustaining Capitalism podcast, Cindy Cisneros, CED’s Vice President of Education Programs, sits down with Dr. Nan Travers, Director of the Center for Leadership in Credentialing Learning at SUNY Empire State College, to talk about the program.

Among the key takeaways from the conversation:

  • There are approximately 36 million individuals in the US who have not finished a degree within six years of starting a program. Many of these people have credentials that they learned from on-the-job experience or training programs unaffiliated with a traditional degree program, but these skills are not counted toward the next level of educational attainment. The Credential As You Go program is working to change this narrative by recognizing and credentialing people for knowledge and skills as they attain new learning, allowing them to use it to continue their education.
  • Approximately 72 percent of the adult population with a college credential identify as white, and only 10 percent are Black or Latinx. Black learners are the largest population with some college credits but no degree, Dr. Travers explained, and they also carry the highest student loan debt load. When you think about the economic disadvantage that not having a degree perpetuates, people of color are disproportionately impacted. By offering credits for skills and competencies learned on-the-job, the program aims to change this trajectory.
  • The Credential As You Go program awards certain skills “micro-credentials.” These then fit into a larger certificate or degree, thus taking on-the-job learning and factoring that directly into the education program. The initiative’s team leaders are also working with employers to identify areas where further education is needed to help employees advance in their roles. Dr. Travers cites a partnership with CVS Health to develop a bachelor’s degree program for store managers. CVS Health determined that candidates should have more HR training, so the Credential As You Go team added a new HR training for managers into the curriculum.
  • The Credential As You Go framework will soon be tested across Colorado, New York, and North Carolina. As the team prepares to implement 90 different credentials in these target states, they are working to partner with key stakeholders, including the higher education and business communities, and integrate existing programs into the rollout.

Listen to the episode (42 minutes, 26 seconds) »

CED Trustee Briefing with Ilaria Maselli

Today, Wednesday, November 10, 12:00 p.m. ET – 12:30 p.m. ET, CED will host a Trustee Briefing with Ilaria Maselli, Senior Economist at The Conference Board. Based in Europe, Maselli will discuss the continuing economic impacts of Brexit on the global economy.

CED Trustee Briefing with Dana Peterson

Economic Briefing on Global Pandemic Recovery, Inflationary Pressures, and More

On Monday, November 15, 12:00 p.m. ET – 12:30 p.m. ET, CED will host a Trustee Briefing with Dana Peterson, Chief Economist, The Conference Board. The monthly series looks at the US and international forecast and upcoming trends. Peterson plans to discuss the global economic recovery from pandemic-related disruptions, the potential economic impact of the COVID-19 variants, and inflationary pressures among commodity, producer, consumer, and housing prices.

Policy Watch Webcast: Back to Basic Research: An R&D Investment Plan to Enhance US Competitiveness

Upcoming Webcast Outlines an R&D Investment Plan to Enhance US Competitiveness

The US remains the global leader in total R&D spending, yet its lead in advancing science and technology is being challenged by countries like China, and its international competitiveness is waning. One primary reason is that the federal government’s contribution to basic research has been declining steadily for decades and has increasingly shifted toward private business. On Thursday, November 18, 12:00 p.m. ET – 1:00 p.m. ET, CED will host a Policy Watch Webcast that explains how policymakers can make bolder, riskier investments that deliver breakthroughs in science and technologies to increase American innovation.

Guest speakers include:

  • Farnam Jahanian, President, Carnegie Mellon University
  • Mark Muro, Senior Fellow and Policy Director, Brookings Metropolitan Policy Program
  • Ramon Benet, former CEO, Instrumentation Laboratory, and a CED Trustee
  • Reece Kurtenbach, CEO, Daktronics, and a CED Trustee
  • Elizabeth Crofoot (moderator), Senior Economist, CED

Register here »

CED Trustee Briefing with Representative Scott Perry

A Fiscally Responsible Budget Reconciliation Package?

On November 3, CED’s Fiscal Health Committee hosted Representative Scott Perry (R-PA), who has asked to be briefed on CED’s Solutions Brief, The Reconciliation Bill: Finding an Affordable Way to Build Back Better.

Among the key takeaways from the conversation:

  • The nation must consider how to deal with its continuing problems while remaining cognizant of the ongoing debt issue. Congress appropriates dollar figures for different programs, but these numbers are often not reflective of the actual costs of programs. We need to look at our overall budget situation in a more comprehensive way.
  • In a time when the economy is picking itself up, printing money and devaluing our currency is not good for business. Prices come down with innovation. We need to be willing to cut programs for the sake of new programs we want to implement.
  • The nation’s fiscal health is a concern, but the dollar has maintained its status as the world’s reserve currency. There is concern for the status of the dollar in the long-term—the People’s Bank of China is working on creating a cyber currency as a reserve currency, and there are propositions to replace the dollar as the reserve currency with a global reserve currency.
  • Inflation and a lack of competitiveness vis-a-vis global competitors is also a concern. We do not want to get to a point where the debt problem is too severe to fix— for example, if interest on the debt eclipses payments for Medicare, Medicaid, Social Security, and the defense budget.

Read the related Solutions Brief, The Reconciliation Bill: Finding an Affordable Way to Build Back Better »

CED Leadership Seminar Series

CED Kicks Off Leadership Seminar Series for Mid-Career Fellows

The CED Fellowship Program for Mid-Career Women Professionals, which CED launched in September 2021, includes a monthly Leadership Seminar Series for the fellows hosted by CED Trustees and relevant leaders/experts.

The first in the series of seminars was held in October and was hosted by Debra Perry, a CED Trustee and a financial professional who has served on the boards of six NYSE-listed companies and two mutual fund complexes, chairing Audit, Risk, Compensation, and Governance Committees. Since 2018, Debra has chaired the Board of the Bernstein Funds. She also serves on the Boards of Assurant, Inc.; Genworth Financial, Inc.; and Korn Ferry. Debra shared with the CED Fellows her career experiences as a pioneering woman in finance and shared some of the lessons learned. She also talked about the importance of business leadership being engaged in public policy and why she believes it is important for business leaders to lend their voice to the most pressing economic, business, and social issues facing the nation.

This week, the CED Fellows met for the second Leadership seminar with CED Trustee Jeffrey Sonnenfeld, Senior Associate Dean for Leadership Studies & Lester Crown Professor in the Practice of Management at the Yale School of Management. Jeff shared with the Fellows how the role of the CEO has been changing, and the top challenges and leadership skills that are required for the CEO position in a dynamically changing global economic and social environment. He provided a concise but comprehensive sweep of the evolution of the CEO role and its growing influence as capitalism has shifted towards stakeholder-focused capitalism. He also shared insights from his most recent CEO engagements on voting rights.

For more information on the CED Fellowship Program for Mid-Career Women Professionals click here.

Data Dive Dissecting DC

Weekly Unemployment Claims Continue Slide Downward

New claims for Unemployment Insurance benefits edged downward again in the week ending October 30. The headline seasonally adjusted number of new claims for regular state programs fell by 14,000 to 269,000. This is another new post-pandemic low, and takes another small slice off of the excess of claims today over the excess of current claims above the steady state level of very roughly 200,000 from the full-employment state before the pandemic struck.

All other measures of Unemployment Compensation showed similar incremental improvement as in the Employment Situation report. The very rapid economic bounce back of mid-2020 is yielding to a slow whittling away of the remaining margin of decline in the labor market. Continuing coronavirus interruptions and fear in consumer markets and in the labor market, plus enduring structural issues in supply chains, leave us struggling for the last measure of recovery to what we hope will be a resumed “normal.”

Global Economic Outlook

Global Economic Outlook: Momentum in 2022 Gives Way to Harder-Won Growth in the Decade Beyond

The global economy is set for another year of above-potential recovery growth in 2022, after expanding by a robust 5.1% in 2021. Global Economic Outlook 2022: From Pandemic Downturn to Growth Revival, the suite of forecasts from The Conference Board for the decade ahead, tracks the future of this historically rapid resurgence with detailed analyses for the US, Europe, China, and the Gulf region.

In the short term, tailwinds abound. Indeed, global GDP—which contracted by an unprecedented 3.3% in 2020—already recovered all of its losses by Q1 2021. The Conference Board is projecting robust growth of 3.9% in 2022. By the end of next year, 66 out of 77 key economies, representing 96% of global GDP, should be at or above pre-pandemic output levels, though labor market and income recovery will lag somewhat.

Read the analysis »

CEO Perspectives, Episode 15

The US Now Has Abundant Energy, But an Antiquated Grid Hurts Its Security

On a new episode of CEO Perspectives, President and CEO Steve Odland sits down with energy expert Vicky Bailey for a wide-ranging conversation on the state and future of America’s energy policies. Bailey is a Trustee of The Conference Board and former Assistant Secretary, US Department of Energy. Two decades ago, US leaders looked at energy policy from the vantage point of scarcity. Today, due to hydraulic fracking technology, the US has energy abundance. But as the two discuss, vast challenges remain.

Listen to the podcast (28 minutes, 51 seconds) »

CED Trustees In the News

Scott Pulsipher—A Graduate Degree That Pays Off: The M.B.A.

Wall Street Journal

Read »

Ken Frazier—2021 CEO of the Year

Chief Executive

Read »

Maggie Wilderotter—Iconic Former CEOs Advise the C-suite

Insigniam Quarterly

Read »

David Nash—Social Determinants Pave the Road to Health Equity

Medpage Today

Read »

David Cordani—Cigna Improves Medicare Advantage Star Ratings Performance for 5th Straight Year

Fierce Healthcare

Read »

Hollie Heikkinen—Delivery Drivers, Inc. Puts ‘Drivers First’ with New iWorker Innovations Partnership

Digital Journal

Read »

Jo Kirchner—More Than 65,000 Children Across the Country Participate in Food Drive, Building Character and Helping Communities

PR Newswire

Read »

CED Committee News

The Education Committee will meet Friday, November 12, from 1:00 p.m. ET – 2:00 p.m. ET. Guest Briefing Speakers will be Co-Chair Jo Kirchner and Radha Mohan from the Early Care and Education Consortium. They will discuss ECEC’s White Paper about a sustainable child care system.


The Infrastructure Committee will meet on Monday, November 15, from 1:00 p.m. ET – 2:00 p.m. ET. The Committee will be briefed by Mike Hopkins, the CEO of Bakken Energy and a CED Trustee, to talk about hydrogen and the country's energy future.

The Workforce Committee will meet on Tuesday, November 30, from 1:00 p.m. ET—2:00 p.m. ET. The Committee will be briefed by Commissioner Keith E. Sonderling, US Equal Employment Opportunity Commission, on AI and the workforce.

For questions about committees or to join a meeting, please reach out to Anthony Vecere. 

For additional information, please visit the CED Virtual Community. Trustees can find Committee meeting materials, agendas, speaker information, and more housed on the virtual, secure platform.

Happenings on Capitol Hill

HOUSE OF REPRESENTATIVES

November 10

Committee on Science, Space, and Technology | Subcommittee on Research and Technology—Hearing: Weathering the Storm: Reauthorizing the National Windstorm Impact Reduction Program

Learn more »

November 11

Federal Holiday.

See all House hearings »

SENATE

No Committee Hearings Scheduled. 

Upcoming CED Events

A compilation of upcoming meetings, briefings, and webcasts:

Wednesday, November 10, 12:00 p.m. ET – 12:30 p.m. ET
Trustee Briefing with Ilaria Maselli, The Conference Board Senior Economist in Europe, on the continuing effects of Brexit

Wednesday, November 10, 1:00 p.m. ET – 2:00 p.m. ET
Policy & Impact Committee meeting

Friday, November 12, 1:00 p.m. ET – 2:00 p.m. ET
Education Committee meeting

Monday, November 15, 1:00 p.m. ET – 2:00 p.m. ET
Infrastructure Committee meeting

Monday, November 15, 12:00 p.m. ET – 12:30 p.m. ET
Monthly Economic Outlook with Dana Peterson, Chief Economist, The Conference Board

Wednesday, November 17, 12:00 p.m. ET – 2:00 p.m. ET
Bi-Annual All-Trustee Policy Discussion

Thursday, November 18, 12:00 p.m. ET – 1:00 p.m. ET
Policy Watch Webcast: Back to Basic Research: An R&D Investment Plan to Enhance US Competitiveness

Tuesday, November 30, 1:00 p.m. ET – 2:00 p.m. ET
Workforce Committee meeting

All Events »

CED Resource Hubs

CED Resource Hubs

First 100 Days Resources Hub
Access »

COVID-19 Resources Hub
Access »

COVID-19 Resources for Child Care Providers Hub
Access »


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