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Braun taps former Rep. Mike Speedy to serve as Indiana’s next secretary of business affairs

By Casey Smith, Indiana Capital Chronicle

Posted December 6, 2024

Rep. Mike Speedy, R-Indianapolis, checks his phone on the House floor. (Monroe Bush for Indiana Capital Chronicle)

Former Rep. Mike Speedy will be Indiana’s next secretary of business affairs, Gov.-elect Mike Braun announced Friday.

In that position, Speedy will be responsible for managing the state’s regulatory framework and “ensuring that businesses and industries operate safely, ethically and efficiently,” Braun’s transition team said.

Braun lauded Speedy, a fellow Republican, for the “extensive experience in business, law, and public service” he brings to the role.

“Mike’s combination of business acumen and public service experience makes him ideally suited to lead Indiana’s business development initiatives,” Braun said in a statement about the appointment. “His background in real estate, finance, and law will help drive economic growth across our state.”

Last month, Speedy was selected to head up Braun’s commerce-focused transition council — one of 12 such councils meant to guide state agency reviews and policy development across Indiana’s government.

Speedy’s council is focused on “driving economic growth across Indiana by fostering entrepreneurship and identifying opportunities to support geographically diverse communities. The council aims to expand economic opportunity in every corner of the state by cultivating a thriving environment for Hoosier entrepreneurs and encouraging community-level development,” per Braun’s team.

Speedy is a real estate developer, former state representative and former Indianapolis city-county councilor.

In the General Assembly, he represented District 90 — which includes portions of southeastern Marion County — from 2010 until earlier this year.

He launched a political campaign for Indiana’s 6th Congressional District seat after incumbent Rep. Greg Pence announced he would not seek re-election. Speedy lost the primary election to former Indianapolis city-county councilor Jefferson Shreve, however.

Prior to serving at the Statehouse, Speedy was a member of the Indianapolis City-County Council for seven years, including as chairman of the Public Works Committee.

He additionally operates a multi-state real estate development company headquartered in Indianapolis.

“I look forward to working alongside Gov.-elect Braun as Indiana’s Secretary of Business Affairs,” Speedy said. “Having served in the Indiana General Assembly, I’ve seen firsthand how smart policy and reduced regulation can help businesses flourish. Drawing on my experience as both a legislator and business owner, we will streamline government processes, reduce bureaucratic hurdles, and create an even more business-friendly environment in Indiana. Together, we’ll ensure Indiana remains one of the best places to do business in America.”

Earlier this week, Braun announced four other appointments: Lisa Hershman as secretary of management and budget; Matthew Ubelhor as secretary of transportation and infrastructure; David Adams as secretary of commerce; and Katie Jenner, who will remain as secretary of education.

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