Tribal Leaders gather for First Annual Great Plains Tribal Leaders' Economic Summit

Published: May. 9, 2017 at 4:03 PM MDT
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Tribal leaders from the Great Plains and Rocky Mountain regions have gathered in Rapid City for the First Annual Great Plains Tribal Leaders' Economic Summit.

The vice president from the Federal Reserve Bank of Minneapolis Center for Indian Country Development says the summit is a new effort to bring tribal leaders together to talk about what role they can play in providing a good environment for successful economic development.

He says there is always room for improvement in all governments affecting economic development and the tribal government is no different, saying it's a balancing act.

Todd says, "How do you strike that balance to provide the structure, provide the governments, the laws, the zoning, the regulations, the courts, that provide the right structure for economic development, but you don't micromanage it to the point where politics gets in the way and causes trouble."

The summit continues at the Best Western Ramkota Hotel through Wednesday.