President Donald Trump 100-day report card: what comes next?

The Wheeler Institute in collaboration with the Geopolitics and Business Club at LBS invites you to a discussion featuring panellists Robert Wescott who served at the White House as Special Assistant to US President Bill Clinton for Economic Policy and as Chief Economist at the President’s Council of Economic Advisers and Richard Portes, Professor of Economics at London Business School. The event will be hosted by the Dean and Professor of Economics at London Business School, Sergei Guriev.

Donald Trump’s second term is only around three months old, yet it is already clear it may be an era-defining presidency. From trade tariffs to his challenges to the well-established US three-branch constitutional framework, Trump’s policies are a break with much of the post-war era and globalisation business models. The event will look at the first 100-day report card for Trump, economically, financially, and geopolitically, and assess what comes next in his presidency, for the United States and wider world, including Europe and developing nations.

Date 12th May 2025

Time: 17:30 BST

Location: LT14, Sammy Ofer Centre, London Business School

Speakers

Robert Wescott served at the White House as Special Assistant to US President Bill Clinton for Economic Policy and as Chief Economist at the President’s Council of Economic Advisers. As the President’s top international economic adviser, he helped develop the Administration’s policies toward the EU, China, Japan, Russia, and key emerging market countries, while at the Council of Economic Advisers, he conducted economic analysis, prepared the Administration’s forecasts, and helped write the annual Economic Report of the President. 

He is the founder of Keybridge Research, an economics and public policy research firm based in Washington, DC and he regularly testifies before US Congressional committees about economic and financial policy matters. From 1994-98, Dr. Wescott was Deputy Division Chief in the Research Department of the International Monetary Fund, where he undertook research on the global economy and edited the Fund’s semi-annual World Economic Outlook. He also served as an official in the Fund’s European Department. From 1983-93, Wescott was Senior Vice President and Chief Economist at Wharton Econometrics (today’s S&P Global). In 1990-91, he was research director at the International Centre for the Study of East Asian Development in Japan. He holds a PhD in Economics from the University of Pennsylvania.

Richard Portes, Professor of Economics at London Business School, is Founder and Honorary President of the Centre for Economic Policy Research (CEPR) and Co-Founder of Economic Policy. He is an elected Fellow of the Econometric Society and of the British Academy. He has been Chair of the European Systemic Risk Board Advisory Scientific Committee, of which he remains a member, and he is Co-Chair of the ESRB Joint Expert Group on Non-bank Financial Intermediation as well as of the new ESRB Crypto Assets Task Force. He is a founder member of the Bellagio Group on the International Economy and the Euro50 Group. He is an Academic Director of the AQR Asset Management Institute at LBS.

Professor Portes was a Rhodes Scholar, then an Official Fellow of Balliol College, Oxford (of which he is now an Honorary Fellow). He has also taught at Princeton and Birkbeck College (University of London). He was the inaugural holder of the Tommaso Padoa-Schioppa Chair at the European University Institute, and he has been Distinguished Global Visiting Professor at the Haas Business School, UC Berkeley, and Joel Stern Visiting Professor of International Finance at Columbia Business School. He holds three honorary doctorates. He has written extensively on sovereign borrowing and debt, European monetary issues, European financial markets, macroprudential regulation, and international capital flows. Professor Portes was decorated CBE in the 2003 New Year’s Honours.


Geopolitics and Business Club

The Geopolitics and Business Club aims to enhance future business leaders’ awareness and knowledge of geopolitical issues to help them tackle business challenges across the world. The club hosted their first flagship conference in 2024, supported by the Wheeler Institute which brought together students, academic experts, and business professionals, with the aim to facilitate the exchange of ideas, deepening the understanding of key geopolitical issues and their business implications. You can register to attend their 2025 conference here.

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