EPA Administrator Andrew Wheeler and Assistant Secretary of the Army for Civil Works (Army Corps of Engineers) R.D. James, yesterday announced EPA’s revised wetland rule under the Clean Water Act of 1977 (CWA) which will replace the Waters of the United States (WOTUS) rule promulgated in 2015. Since the 2015 WOTUS rule was issued it has been temporarily blocked by the courts in 28 states and thus is in effect in 22 states. The new rule will cover all 50 states. Over the past several years, the 2015 federal regulation covered Minnesota, Illinois, Ohio, and Oklahoma; most of the rest of the Midwest and Plains states grain belt and Southern soybean states were operating under pre-2015 rules on an interim basis. The re...
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.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...