Pub. 16 2021-22 Issue 6

PRESIDENT’S MESSAGE Nebraska Bankers: Past, Present and Future Richard J. Baier, President and CEO, Nebraska Bankers Association NBA FRIENDS, Congratulations to Nebraska Banker and former NBA Chair Mike Jacobson on his recent appointment as the State Senator for Legislative District 42, which includes North Platte. He brings a great deal of knowledge, experience and leadership background to this position. If you follow Nebraska’s government, politics or history, you know that the 49-member unicameral Legislature is the only single-house legislature in the country. The body’s nonpartisan structure is also unique. While not perfect, the current system allows for substantial public input, dialogue and collaboration on important public policy issues. The banking industry is fortunate to have four bankers who hold seats and vital committee and leadership assignments within the Legislature. Former NBA Chairs John Stinner (District 48) and Matt Williams (District 36) were elected in 2014 and reelected in 2018. Because of term limits, both are serving in their final year at the Legislature. Sen. Stinner serves as Chair of the Appropriations Committee. He has guided the state’s budget through both periods of shortfalls and excessive revenues, including navigating the challenges of the pandemic. He is especially diligent about growing and protecting the state’s Cash Reserve Fund and questioning the long-term returns on state program expenditures. Sen. Williams serves as Chair of the Banking, Commerce and Insurance Committee. He works closely with the banking industry and your NBA government relations team on issues like financial elder abuse protections, creating the state’s Single Bank Pooled Collateral Program, cryptocurrency bank Sen. Rob Clements Sen. Mike Jacobson Sen. John Stinner Sen. Matt Williams NEBANKERS.ORG 8

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