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SDBA 2021 State Legislative Day - Virtual
Wednesday, February 10, 2021, 7:00 AM - 8:00 PM CDT
Category: SDBA Events

SDBA 2021 State Legislative Day

Virtual via Zoom

February 10, 2021

State Legislative Day


The SDBA 2021 State Legislative Day is your opportunity to stay up-to-date on both state and federal legislation which could affect the banking industry and make sure our industry is heard. The day will conclude with a “call to action” where participants will be asked to connect virtually with their respective state legislators.

— Sponsored by the Federal Home Loan Bank of Des Moines 


 Legislative Committee Agenda

LRC Guide



*All times listed are Central Time Zone

10:30 a.m. SDBA Legislative Committee Meeting

1:00 p.m. Welcome/Opening Comments

  • Karl Adam, President, South Dakota Bankers Association

    Sponsor Remarks
  • James Lee, VP Relationship Manager, Federal Home Loan Bank of Des Moines, Sioux Falls

1:15 p.m. Washington Update

  • U.S. Senator Mike Rounds, Washington, D.C.
    Sen. Mike Rounds, who serves on the Senate Banking Committee, will provide an update on relevant banking issues in Washington, D.C.

1:45 p.m. Woodward on Washington: An Economic and Political Outlook

  • Joan Woodward, President, Travelers Institute, and Executive Vice President, Public Policy, Travelers
    What will historically high unemployment rates coupled with the worst economic slowdown the U.S. has ever seen mean for the economic outlook in 2021? And, what will President-Elect Biden’s policy agenda look like for the country going forward? How much new spending will Washington enact, and how high might our taxes be raised to pay for it? Joan Woodward will share her insights on the economic outlook and Washington policy issues. Prior to working for Travelers and Goldman Sachs, Woodward worked on Capitol Hill for 12 years as deputy chief of staff for the U.S. Senate Finance Committee. She also was the chief economist for the Senate Governmental Affairs and U.S. House Budget committees.

2:30 p.m. Message from the Governor

  • The Honorable Kristi Noem, Governor, State of South Dakota (invited)
    Join Gov. Kristi Noem as she updates attendees on banking-related issues in South Dakota.

3:00 p.m. Call to Action

  • Karl Adam, President, South Dakota Bankers Association
    It may not be cocktails (liquid or shrimp) with our legislators, but we’d still like to thank our state legislative partners and update them on pertinent banking issues. During this short session, participants will be encouraged to collectively reach out to their respective legislators with a message of thanks for their time and commitment to the banking industry.

3:15 p.m. Adjourn

Contact: Halley Lee - 800.726.7322 or [email protected]