Hoosier Banker 11 and putting on our high beams to see what’s down the road, and then preparing for those challenges, whether it’s fintech innovations, demographic shifts or regulatory demands. “At ABA, we do that by both engaging with, and listening to, our members who represent all sizes of banks and a variety of organizational forms and business models. Many of those bankers serve on our committees and councils, and they help inform our very deep bench of talented staff members about key industry issues. Our diverse banker membership and our staff – together – drive the development of ABA’s advocacy and solutions. “In this regard, our goal is deceptively simple and singular in focus. We’re here to help banks of all sizes – and by extension their customers and communities – to thrive.” What are recent legislative victories on Capitol Hill? “We’ve been part of a number of industry advocacy wins. We responded swiftly to the Consumer Financial Protection Bureau’s anti-consumer arbitration rule, urging Congress to use its powers to negate the rule, while also filing a lawsuit with others to stop it in court. Three months later, the rule was successfully overturned in Congress, and I was honored to attend the White House signing ceremony. “The tax reform law reflected ABA’s persistent advocacy for lower business tax rates that would be good for PHOTO CAPTION: Rob Nichols joined the American Bankers Association in 2015, shortly before transitioning to president and CEO.
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