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Bridging the Gap Achievement Awards Nominees Announced
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MarketWatch: Fed’s Barkin says recession is not imminent
By Greg Robb November 5, 2019 There is a risk that U.S. businesses could convince themselves that bad times are around the corner and actually cause a downturn, said Richmond Federal Reserve President Thomas Barkin on Tuesday. Right now, firms are frustrated with political polarization and there is a high degree of uncertainty about the outlook for government policies, Barkin said in a speech to the Greater Baltimore Committee Economic … Continue reading
The Baltimore Sun: Amid recession worries, Maryland officials look forward to end of federal sequester
By Lillian Reed November 5, 2019 A recession might be looming, economists say, but Maryland Board of Revenue Estimates Director Andrew Schaufele believes the state’s close ties to the federal government and the end of the federal sequester budget cuts in 2021 could buoy the state’s economy. During a panel discussion at Tuesday’s Greater Baltimore Committee meeting, Schaufele cautioned business leaders that he does not as a rule forecast economic … Continue reading
Reuters: Fed’s Barkin: It’s a good time to pause interest rates
By Lindsay Dunsmuir November 5, 2019 The U.S. Federal Reserve should hold interest rates steady for the time being after last week’s cut in borrowing costs and assess how the economy evolves, Richmond Fed President Thomas Barkin said on Tuesday. “I think where we’ve gone now is that we’ve taken out some insurance and that insurance, I hope, we will see over the next six months the kind of impact … Continue reading
The Baltimore Sun: What makes Maryland ‘business friendly?’ Connecting people with jobs to start
By Baltimore Sun Editorial Board November 4, 2019 Too often, public transit is perceived as a handout to the urban poor that takes away from road construction, which is regarded as a more pro-growth, pro-business approach to transportation. Nothing could be further from the truth. And as Exhibit A, we would point to the letters dispatched recently from Baltimore’s top business leaders to Gov. Larry Hogan urging him to increase … Continue reading
The Baltimore Sun: Baltimore business leaders urge Hogan to increase MTA funding
By Colin Campbell October 31, 2019 Business leaders employing thousands of workers in Baltimore are urging Gov. Larry Hogan to increase funding to the Maryland Transit Administration for projects in the area, saying in a letter, “the inadequacy of the current transportation network is hindering workforce participation and economic potential in our region.” In a separate letter, some of the same business executives asked MTA Administrator Kevin Quinn to provide … Continue reading
The Daily Record announces its 2019 Icon Honors winners
The Daily Record announced its 2019 Icon Honors winners on October 25. “The awards recognize Maryland business leaders over 60 for their notable success and strong leadership both within and outside of their chosen field.” Several current Greater Baltimore Committee Board Members and former Board Members were included on the list of winners. GBC Board Chair Paul A. Tiburzi, DLA Piper; current Board Members Thomas S. Bozzuto, The Bozzuto Group; … Continue reading
Statement of the Greater Baltimore Committee on the decision of Maryland Senate President Thomas V. Mike Miller Jr. to step down and the selection of Senator Bill Ferguson to assume the role as Senate President
The Greater Baltimore Committee (GBC) and its Board of Directors commend Senate President Mike Miller for more than 30 years of strong leadership for the citizens of Maryland. President Miller has been a forceful champion of the Senate as an institution and a key determinant in many significant debates that have both written the history and shaped the future of the State. The GBC and its Board congratulate Senator Bill … Continue reading
Maryland Commission for African American History and Culture to Host 50th Anniversary Gala
This year, the Maryland Commission for African American History and Culture (MCAAHC) is celebrating its 50th anniversary with a year-long campaign of events and exhibitions. As a part of this celebration, the commission will host the We Rise! Gala on November 2. It is the culminating event of the “We Rise! Preserving Maryland’s African American Heritage” campaign. In 1969, the MCAAHC was founded by Maryland Senator Verda Freeman Welcome and … Continue reading
The Daily Record: Diversity — an issue of insiders and outsiders, consultant says
By Tim Curtis October 21, 2019 Corporations should think about the business case for inclusion and diversity, including the potential of lost worker productivity, Steve Robbins told Baltimore business leaders as the keynote speaker at the Greater Baltimore Committee’s Diversity, Equity and Inclusion Summit. Robbins takes a science-based approach to diversity and inclusion and uses neuroscience to demonstrate how biases form and how to overcome those biases. “I’ve been doing … Continue reading