It took a record 15 rounds of votes on the House floor to elect Representative Kevin McCarthy as Speaker of the House after mid-night on Friday. One impact of the drawn-out vote for Speaker was that the first farm bill field hearing, originally scheduled for Saturday at the Pennsylvania Farm Show Complex in Harrisburg, Pennsylvania, was delayed. Incoming House Agriculture Committee Chairman Glenn Thompson (R-Pennsylvania) announced Sunday that the event has been re-scheduled for Friday, 13 January. With a Speaker in place, the House can now move forward with its organization for the 118th Congress, including naming the new membership of the House Agriculture Committee. The House will reconvene this evening and the next step wil...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.