EBLC Highlights | Looking back on recent work as we move forward

From regional transportation projects to the energy future and the future of baseball in Oakland. It's been a busy two weeks at the East Bay Leadership Council.

Here's a rundown of some of the work we have taken on as a team ⤵

Key stakeholders focused on the reuse project for the former Concord Naval Weapons Station

The Alameda County Transportation Commission's vision for a State Route 262 Connector in Fremont
Education and technology partners to explore an open data platform in Contra Costa County inspired by this work in San Francisco

A ribbon cutting for a new van set to help serve Trinity Center members participants who require vital transportation services

The Contra Costa County Special Districts Association 30th Anniversary Dinner where we recognized the contributions of dedicated public servants
A presentation from economic development leaders focused on the future of retail in Walnut Creek

Supervisor John Gioia to discuss shared priorities including a coordinated response to chronic homelessness and preparing the local workforce for in-demand careers

The new executive director of the Metropolitan Transportation Commission, Andy Fremier, to discuss emerging transportation and housing policy in the Bay Area
Leaders in the energy industry to discuss a mounting and inequitable affordability crisis amid new state laws and the economic impact of potential refinery closures
Officials from the Oakland Athletics to gain clarity through media chatter and chart a path forward at a critical juncture for the future of professional baseball in the East Bay

Registration Open | Join us for a presentation and conversation with Assemblymember Lori Wilson

Join the East Bay Leadership Council for our first Capitol Series event of the year. The event will feature a presentation and Q&A with Assemblymember Lori Wilson.

Assemblymember Wilson represents District 11 and currently serves as the chair of the Select Committee on Transportation and Emergency Preparedness. While the majority of her district is located in Solano County, we are proud to count her as part of the East Bay legislative delegation and a champion of building a thriving region.

All tickets include hors d'oeuvres and one drink ticket.

DATE / TIME / LOCATION
Thursday, May 25
4:30-6:00 PM
Contra Costa Community College District
500 N Court Street, Martinez

REGISTER NOW

2023 Capitol Series Sponsors

Sponsorship Opportunities
To learn more about valuable sponsor benefits email Mark Orcutt (mark@eblcmail.org).

Build the Bench | Are you interesting in running for elected office?

Are you interested in running for local office? If so, we hope you will consider applying for the East Bay Leadership Council's candidate training program. Since 2017, our Build the Bench program has served as an important step in the winning campaigns of more than a dozen alumni.

We are proud of this early success and grateful to the individuals who welcome us into their public service journey. The strength of this program will always be in the people who participate.

The 2023 Build the Bench program will begin soon, and is a great opportunity for community leaders interested in running for office to gain the tools necessary to lead a successful campaign.

You can learn more about the program and apply to participate in our upcoming class at www.buildthebench.com.

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Must Read | Fed raises key rate but hints it may pause amid bank turmoil

WASHINGTON (AP) — The Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years. But the Fed also signaled that it may now pause its streak of 10 rate hikes, which have made borrowing for consumers and businesses steadily more expensive.

In a statement after its latest policy meeting, the Fed removed a sentence from its previous statement that had said “some additional” rate hikes might be needed. It replaced it with language that said it will now weigh a range of factors in “determining the extent” to which future hikes might be needed.

Speaking at a news conference, Chair Jerome Powell said the Fed has yet to decide whether to suspend its rate hikes. But he pointed to the change in the statement’s language as confirming at least that possibility.

Having raised their key short-term rate by a substantial 5 percentage points since March 2022, Powell said, Fed officials can step back and assess the impact of higher rates on growth and inflation. He said the Fed would also monitor other factors, including the turmoil in the banking sector, to determine whether to pause its rate hikes. In doing so, he said, the central bank would set its rate policy on a meeting-to-meeting basis.

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If your company is not a member of the East Bay Leadership Council, we hope you will consider joining us. Learn more about our work and the benefits of membership at www.eastbayleadershipcouncil.com

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