Magazine article Independent Banker

Finishing Strong

Magazine article Independent Banker

Finishing Strong

Article excerpt

Community bankers have many reasons to take pride in their profession. But the industry can truly stand proud after a seminal week in Washington, during which community bankers from across the country received the royal treatment in the White House and on Capitol Hill while advocating for vitally important policy reforms.

The 2017 ICBA Capital Summit was one for the ages. More than 100 community bankers attended a White House meeting with President Donald Trump, Vice President Mike Pence, National Economic Council director Gary Cohn and Small Business Administration chief Linda McMahon. The next day, House Financial Services Committee chairman Jeb Hensarling (R-Texas) addressed the full crowd of more than 1,000 community bankers moments before his panel took up and later passed his comprehensive Financial CHOICE Act reform bill. On the final day of the summit, Treasury secretary Steven Mnuchin joined me on stage for a policy discussion, during which he reiterated the administration's support for community bank regulatory and tax relief.

And let's not forget the reason we were there. Community bankers engaged in advocacy meetings with more than 300 members of Congress. At one of the meetings, the Kansas delegation joined Sen. Jerry Moran (R-Kan.) for the formal signing and introduction of his CLEAR Relief Act regulatory relief bill. They really did roll out the red carpet.

Indeed, it was an amazing week in Washington. And for me, personally, it was a very significant week, in which I announced my plans to retire next year. …

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