Academic journal article ABA Banking Journal

Bankers Use Shoe Leather Advocacy for Right Reform

Academic journal article ABA Banking Journal

Bankers Use Shoe Leather Advocacy for Right Reform

Article excerpt

When bankers gather, there is an energy and enthusiasm in the room that is both contagious and reassuring.

Last month nearly 1,000 industry leaders went to Washington for ABA's Government Relations Summit. Three hundred of the bankers were attending their first ABA Government Relations Summit. That tells me that there is a real intensity on the part of bankers around the country. And that's easy to understand.

I'm a banker like you. I live and work pretty far from Washington, D.C. And I know how easy it is to feel isolated when we hear important people blaming our industry for the mistakes that others made.

But the feeling we had when we were together in Washington last month was that we are a united industry of banks large and small, mutual and stock owned, federal and state-chartered, public and private. That strength is what allows us to speak with a strong and compelling voice.

We listened to and talked with our federal regulators. We heard from some of the leading members of Congress, as well as the presidents of the Federal Reserve Banks of Richmond, Cleveland and Kansas City. And we heard from some of the extraordinary people who are ABA's experts.

But most important of all, we engaged in shoe leather advocacy.

Individually, and with the help of our state association executives, we went to Capitol Hill to see our legislators, to look them in the eye and tell them how the decisions they make affect their constituents back home--and to do so with real-world, hometown examples that ring true. …

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