AdvocacyThe MBA is the primary public voice of the banking industry in Michigan. We represent the industry’s interests in the state legislature, federal legislature, courts, regulatory arena, media and the general public. We work closely with our volunteer committee members and the general membership to pursue policies that create a positive business environment for our banks and promote strong communities in Michigan.
Michigan Elects New Leaders
Congratulations to Michigan’s next governor Rick Snyder and running mate Brian Calley. They were among the winners endorsed by the MBA MiBankPAC Committee which also included the state’s next Attorney General Bill Schuette and Secretary of State Ruth Johnson.
Governor-elect Snyder is faced with a no excuse government as Republican wins in both the House and the Senate mean the party has formidable control when the 96th legislature convenes in January. The Republicans yesterday captured a super majority 26 seats in the 38-seat Senate and saw a 20-seat flip in the House. The House will sit 63-47 in January.
MiBankPAC Statistics:
- Overall: MiBankPAC endorsed candidates had a 91% success rate
- Michigan Attorney General, Secretary of State: 100%
- Michigan State Senate: 97%
- Michigan State House: 87%
- Michigan Supreme Court: 100%
- U.S. House: 100% ABABankPAC supported candidates
In Congress all of the House and one third of the Senate were up for election. Republicans captured the House while Democrats maintain control of the Senate. A full third of Michigan’s 15 members will be new and Republicans will be in control.
Summary of New Reg Reform Signed by President
This summary of the regulatory reform bill is intended to provide a brief description of topics of consequence to our members, and as such it does not contain a complete review of all provisions in the measure. The MBA will provide additional information along with conference calls, seminars and other training programs to assist our member banks with implementing the new regulations. Click here to view the summary.