After nominating new State, Treasury and Defense secretaries for his second term, President Obama today named three new picks for cabinet officials: Gina McCarthy for the Environmental Protection Agency (EPA), Ernest Moniz for the Department of Energy (DOE), and Sylvia Burwell for the Office of Management and Budget (OMB). The following is a brief look at the three candidates.EPA: McCarthy is currently the assistant administrator for air pollution at the EPA. She and current Deputy Administrator Bob Perciasepe were the two leading candidates to replace former EPA chief Lisa Jackson, but McCarthy may have gotten the final nod because of the email scandal surrounding both Jackson and Perciasepe. McCarthy has been the head of the clean air o...
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.
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...