10 HќќѠіђџȱ юћјђџ ѢљѦȱ2014 COVER STORY ǯȱ ȱ ĵDZȱ 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 ȱȱęȱȱǯ On the national front, the political climate is not so business-friendly. Ěȱ ȱȱĚ ȱ¢ȱ ȱȱȱȱĚ ȱȱ ȱȱ 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 ȱ ȱ ȱ ĵȱȱ Howe, Indiana. ȱ ǯȱ ĵǰȱȱřŝǰȱȱȱ serving as representative of the Third Congressional District of Indiana since November 2010. In his brief time in Congress, he has emerged ȱȱĚȱȱȱȱ ǯȱ ĵȱȱȱȱ ǯ ǯȱ ȱ Ĵȱȱ ȱ Services, a.k.a. the House banking ĴDzȱȱȱȱ Ȃȱ ȱȱȱȱ Dzȱ and as founding chairman of the ȱ ¢ȱ ĴȂȱ Second Amendment Initiative. ȱȱ ȱ Ĵȱȱ Financial Services, he sits on both the Financial Institutions and ȱ ȱ Ĵȱȱ on the Monetary Policy and Trade Ĵǯ ȱ ȱ ȱ ȱ ĵȱȱ 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 ȱȱȱęȱȱŘřřȱ - licans in the House caucus. ȱ ĵȂȱȱȱȱ 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, ĵȱȬ ȱ ĵȱ ǰȱ 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 ¢ȱ ĵȱȱȱ ȱ ȱȱĜȱȱ shed insight on banking issues as discussed in the nation’s capitol. Please describe your responsibilities as a member of the U.S. House Ĵȱȱ ȱ ǯ “It is my responsibility to learn about the impact that monetary policy has on banks, insurance companies and related entities in ȱęȱȱ¢ǯȱ Ȃȱ learned a great deal about how policies of the Treasury, Federal ȱȱȱȱěȱ ęȱȱȱǯ “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 ȱȱȱĴȱȱ ȱ ȱȱ¢ȱěȱ ȱęȱ¢ȱǯȱ ȱ testimony is vital, because it gives us ȱȱȱȱȱ¢ȱě¢ǯ “One story that really hit me was from a 25-year-old banker from a ęȬȱ¢ȱȱȱȱ ¢ǯȱ ȱęȱȱȱ- Ĵȱȱȱȱȱȱȱ 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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