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Interview, Fireside Chat, Conference Presentation

Iowa Governor Kim Reynolds and Small Business Owner Jenny Steffensmeier

  • Workforce availability is identified as the primary barrier to continued economic growth across all states, necessitating a shift in the current participation rate of 58% toward a 2025 goal of 70% of Iowans achieving education or training through the "Future Ready Iowa" initiative.
  • Small businesses are projected to continue growing despite the workforce shortage, characterized by low turnover rates, strong employee care cultures, and the provision of careers and benefits to residents.
  • The "Future Ready Iowa" initiative plans to train, re-skill, and upskill mid-career adults, while the "This is Iowa" campaign aims to attract new businesses and residents.
  • Technology companies are expected to be drawn to the state due to its leadership in wind and solar energy, aligning with corporate demands to include renewable energy in their portfolios.
  • The state intends to maintain a low cost of doing business while accelerating renewable fuel infrastructure development once certainty is provided, a move predicted to eventually increase corn consumption by 2 billion additional bushels.
  • Policy efforts will focus on securing the ratification of the USMCA to ensure market predictability, followed by attempts to resolve trade issues with China, acknowledging that trade with Canada and Mexico remains critical as the state's top two partners.
  • Ongoing transparency efforts regarding small refinery exemptions will be maintained through direct engagement with the Administrator, the President, and the Secretary.
  • Political strategy involves traveling to all 99 counties to test messages and ideas, with an expectation that rising women in elected positions will positively influence politics and policy.
  • Candidates are expected to address farmer concerns regarding trade with China and recognize the importance of USMCA ratification through interactions with other governors, while policymakers focus on common ground and incremental progress.