2014 Vol. 98 No. 7

10 HќќѠіђџȱ юћјђџ ѢљѦȱ2014 COVER STORY Ž™ǯȱ Š›•’—ȱ žĵ–Š—DZȱ Rising Star in Washington, D.C. The Indiana banking community is fortunate to operate in a state that, for the most part, holds business interests in high esteem. Indiana legislators by and large understand the importance of a strong economy Š—ȱ’œȱ‹Ž—Žęȱ˜ȱŒ˜—œž–Ž›œǯ On the national front, the political climate is not so business-friendly. ˜—Ě’Œ’—ȱŸ’Ž œȱŠ—ȱ̊ Žȱ™˜•’Œ¢ȱ ‘ŠŸŽȱ›Žœž•Žȱ’—ȱŠȱ̘ ȱ˜ȱ•Š œȱŠ—ȱ regulations that increasingly strain the business environment, including the banking industry. With that backdrop, the Indiana Bankers Association is especially grateful for those legislators in Washington, D.C., who take a measured approach and consider the merits of a business perspective. A standout among those statesmen ’œȱ ˜—›Žœœ–Š—ȱ Š›•’—ȱ žĵ–Š—ȱ˜ȱ Howe, Indiana. ȱ Ž™ǯȱ žĵ–Š—ǰȱŠŽȱřŝǰȱ‘Šœȱ‹ŽŽ—ȱ serving as representative of the Third Congressional District of Indiana since November 2010. In his brief time in Congress, he has emerged ŠœȱŠ—ȱ’—ĚžŽ—’Š•ȱ•ŽŠŽ›ȱ’—ȱœŽŸŽ›Š•ȱ ŒŠ™ŠŒ’’Žœǯȱ žĵ–Š—ȱœŽ›ŸŽœȱ˜—ȱ‘Žȱ ǯ ǯȱ ˜žœŽȱ ˜––’ĴŽŽȱ˜—ȱ ’—Š—Œ’Š•ȱ Services, a.k.a. the House banking Œ˜––’ĴŽŽDzȱŠœȱŽŠ—ȱ˜ȱ —’Š—ŠȂœȱ Ž™ž‹•’ŒŠ—ȱŽ•ŽŠ’˜—ȱ’—ȱ‘Žȱ ˜žœŽDzȱ and as founding chairman of the Ž™ž‹•’ŒŠ—ȱ ž¢ȱ ˜––’ĴŽŽȂœȱ Second Amendment Initiative. ’‘’—ȱ‘Žȱ ˜žœŽȱ ˜––’ĴŽŽȱ˜—ȱ Financial Services, he sits on both the Financial Institutions and ˜—œž–Ž›ȱ ›Ž’ȱ ž‹Œ˜––’ĴŽŽœȱŠ—ȱ on the Monetary Policy and Trade ž‹Œ˜––’ĴŽŽǯ ȱ —ȱ ž—Žȱ Š›•’—ȱ žĵ–Š—ȱŠ’—Žȱ additional prominence when he ran for the recently vacated position of majority whip. Though he did not win the race, he did gain the distinction of being one of only three Œ˜—Ž—Ž›œȱ›˜–ȱŠȱꎕȱ˜ȱŘřřȱ Ž™ž‹- licans in the House caucus. ȱ žĵ–Š—Ȃœȱ™˜•’’ŒŠ•ȱŒŠ›ŽŽ›ȱ‹ŽŠ—ȱ in 2002, when he was elected to the Indiana House of Representatives at age 26, making him the youngest member of the Indiana legislature. He continued to serve in the House until 2008, then served in the Indiana State Senate from 2008 to 2010. A fourthgeneration farmer, žĵ–Š—ȱŒ˜Ȭ˜ —œȱ žĵ–Š—ȱ Š›–œǰȱ along with family members, farming 4,000 acres in northern Indiana. He resides in his hometown of Howe, where he and his wife Christy are raising their two sons. ȱ ŽŒŽ—•¢ȱ žĵ–Š—ȱŸ’œ’Žȱ‘Žȱ ȱ ˜ŸŽ›—–Ž—ȱ›Ž•Š’˜—œȱ˜ĜŒŽœȱŠ—ȱ shed insight on banking issues as discussed in the nation’s capitol. Please describe your responsibilities as a member of the U.S. House ˜––’ĴŽŽȱ˜—ȱ ’—Š—Œ’Š•ȱ Ž›Ÿ’ŒŽœǯ “It is my responsibility to learn about the impact that monetary policy has on banks, insurance companies and related entities in ‘Žȱꗊ—Œ’Š•ȱœŽ›Ÿ’ŒŽœȱ’—žœ›¢ǯȱ ȂŸŽȱ learned a great deal about how policies of the Treasury, Federal ŽœŽ›ŸŽȱŠ—ȱ˜‘Ž›ȱŠŽ—Œ’ŽœȱŠěŽŒȱ ꗊ—Œ’Š•ȱ’—žœ›’ŽœȱŠ—ȱœŽŒ˜›œǯ “Banking issues are not at all simple. They’re challenging and complex. “Banking also is highly regulated. Since the passage of the Dodd-Frank Act, it has been just about our entire focus. “As agencies implement the law, the consequences are not always clear. Having bankers testify at ‘ŽŠ›’—œȱ‘Ž•™œȱ‘ŽȱŒ˜––’ĴŽŽȱ˜ȱ ž—Ž›œŠ—ȱ‘˜ ȱ‘Žȱ™˜•’Œ¢ȱŠěŽŒœȱ ‘Žȱꗊ—Œ’Š•ȱ’—žœ›¢ȱœŽŒ˜›ǯȱ Š—”Ž›ȱ testimony is vital, because it gives us ŠȱŒ‘Š—ŒŽȱ˜ȱ•˜˜”ȱŠȱ™˜•’Œ¢ȱ’쎛Ž—•¢ǯ “One story that really hit me was from a 25-year-old banker from a ꏝ‘ȬŽ—Ž›Š’˜—ȱŠ–’•¢ȱ‹Š—”ȱ’—ȱ›ž›Š•ȱ Ž—žŒ”¢ǯȱ ŽȱŽœ’ꮍȱ˜ȱ‘ŽȱŒ˜–- –’ĴŽŽȱ‘Šȱ‘’œȱ‹Š—”ȱ‘Šȱœž›Ÿ’ŸŽȱ‘Žȱ Civil War, had survived the Great Depression and had survived the reAt a visit to the Indiana Bankers Association, Congressman Marlin Stutzman explained that he welcomes banker communication:“It helps me to hear from people who care about the policies that affect their industries.”

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