Most of the attention paid to the Federal Reserve over the past several weeks has been focused on the president’s intended nomination of Herman Cain and Stephen Moore to its board of governors. Both were controversial, and much of the opposition to their potential nominations was tied to concerns that they were too political and too closely tied with the administration’s economic agenda. Given President Trump’s criticisms of current Fed Chairman Jerome Powell, the two were feared to be White House agents set to operate inside the Fed. Cain withdrew his name around Easter, and Moore did likewise yesterday. Cain was a candidate for president in the 2016 GOP primary. Moore is a commentator, analyst at the Heritage Foundation...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.