The quest to approve federal funding continued during another busy week in Washington, where lawmakers took up a $435 billion funding package that includes the FDA and a number of other departments. Also this week, 16 states and American Samoa held presidential primary elections, with 854 Republican and 1,420 Democratic delegates at stake.
Last week, hundreds of NAIOP members from the U.S. and Canada attended NAIOP’s Chapter Leadership and Legislative Retreat (CL&LR) in Washington, D.C., with the conference culminating in countless meetings with their elected representatives to advocate on behalf of the commercial real estate industry.
In an information-packed keynote at CL&LR, Rebecca Rockey, deputy chief economist and global head of forecasting at Cushman & Wakefield, highlighted several economic trends that will inform credit liquidity and the capital markets in 2024-2025.
The 2024 presidential election is reminiscent of a classic joke about two guys who are hiking in the woods and come across a grizzly bear, said political commentator and journalist Chris Cillizza during NAIOP’s Chapter Leadership & Legislative Retreat last week. One hiker takes off his hiking shoes, opens his backpack and puts on his running shoes. The other says, “What are you doing? You can’t outrun a bear!” The second hiker replies, “I don’t need to outrun the bear. I only need to outrun you.”
During NAIOP’s Chapter Leadership and Legislative Retreat this week in Washington, D.C., chapter leaders and staff attended a session that recognized the leading role of state governments in establishing a national network of public EV charging stations following the passage of the bipartisan Infrastructure Investment and Jobs Act of 2021.
