Academic journal article ABA Banking Journal

Stand Up for Banking at ABA's GR Summit

Academic journal article ABA Banking Journal

Stand Up for Banking at ABA's GR Summit

Article excerpt

WASHINGTON IS FILLED WITH IDEAS these days, and all too many are designed to keep traditional bankers from doing what we do best--helping our customers prosper and our communities grow.

Last March bankers from across the country came to Washington to stand up for banking, to tell our elected leaders who we are and what we do--and to make a difference for our banks and our industry.

Now it's time to gather again at ABA's Government Relations Summit, March 16-18 at the Renaissance Washington Hotel.

Over 800 of us came together last year. Our size and our energy surprised some members of Congress, members of the Obama Administration and federal regulators, all of whom attended and spoke. They also listened, and they heard us.

Now we need to set a new record for attendance and participation. As ABA CEO Ed Yingling has put it, "If we don't speak for banking, others will." And let me add, we won't like what they say.

The summit is your opportunity to join with other bankers and visit your representatives in their offices in Washington. It's your opportunity to talk with them about hometown banking and the effect that some of the proposals they will vote on would have on their constituents.

The challenge we face is enormous. We not only have to be alert to issues that directly affect our banks, we also need to treat issues affecting the whole financial services industry because legislation impacting non-banks could also affect us.

Every banker needs to be involved if we're going to influence the outcome of the policy process. We need to keep last year's momentum going and growing. We're facing a far more dangerous threat than any of us have ever seen. …

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