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Indianapolis, IN – March 5, 2025 – Political whispers are gaining traction in Indiana as rumors suggest that Mike Speedy, the state’s newly appointed Secretary of Business Affairs, might be at risk of losing his position. The speculation, first reported by the Hoosier Enquirer, stems from Speedy’s alleged endorsement of perennial candidate John Schmitz in the recent race for Marion County GOP Chairman—a move that may have ruffled feathers at the top of the state’s Republican leadership, including Governor-elect Mike Braun.
Speedy, a seasoned Hoosier politician with a robust resume, stepped into the role of Secretary of Business Affairs in December 2024, tapped by Braun to lead initiatives aimed at fostering economic growth and supporting entrepreneurs across Indiana. A real estate developer and former state representative, Speedy served District 90 in southeastern Marion County from 2010 until early 2024, before an unsuccessful bid for Indiana’s 6th Congressional District seat. His appointment was hailed as a blend of business acumen and public service experience, aligning with Braun’s vision for a thriving Hoosier economy. But less than three months into his tenure, Speedy’s political loyalties are now under scrutiny.
According to the Hoosier Enquirer, Speedy threw his support behind John Schmitz, a familiar name in Indiana GOP circles, during the Marion County GOP chairman election held over the past weekend. Schmitz, known for his persistent candidacy—including a current run in a special election for Congress to replace Jenn Pace—has been a polarizing figure. His grassroots efforts, such as recruiting nearly 100 precinct committee members for the Marion County GOP, have earned him a loyal base, but his repeated electoral pursuits have also drawn skepticism from party insiders. Speedy’s endorsement, if true, places him at odds with a party establishment that may favor a different direction for the influential Marion County post.
Posts on X have amplified the rumors, with one user claiming that Governor Braun is “not happy” with Speedy’s decision to back Schmitz. The sentiment suggests a potential rift between Speedy and Braun, who has yet to officially comment on the matter. Political observers note that Braun, set to take office later this month, has emphasized unity within the Indiana GOP as he prepares to lead the state. An endorsement perceived as divisive could complicate Speedy’s standing in the administration, especially so early in Braun’s term.
The Hoosier Enquirer report has sparked questions about Speedy’s job security, though concrete evidence remains elusive. Neither Speedy nor Braun’s team has issued a public statement addressing the rumors, leaving the situation shrouded in speculation. Speedy’s extensive political history—including seven years on the Indianapolis City-County Council and over a decade in the Indiana House—suggests he’s no stranger to navigating party dynamics. However, crossing a governor-elect before even settling into a cabinet role could test his political resilience.
Schmitz’s candidacy for the Marion County GOP chairmanship adds another layer to the story. The position, vacated by outgoing chairman Joseph Elsener following the 2024 GOP convention, drew multiple contenders, including Franklin Township GOP Chairwoman Cindy Mowery. Schmitz’s involvement in the race underscores his determination to shape the party’s future, but his endorsement from Speedy—if confirmed—might signal a broader ideological tussle within the Indiana GOP as it gears up for the 2025 political landscape.
For now, the rumors of Speedy’s potential job loss remain just that—rumors. Without official confirmation from Braun’s camp or Speedy himself, it’s unclear whether this is a storm in a teacup or a genuine threat to his role. Political analysts suggest that Braun may opt to let the dust settle rather than act hastily, especially with his inauguration on the horizon. Still, the buzz underscores the high stakes of party loyalty in Indiana politics, where endorsements can make or break careers.
As the situation unfolds, all eyes will be on Speedy and Braun to see if this alleged endorsement indeed carries consequences—or if it’s simply another chapter in the ever-evolving saga of Hoosier Republican intrigue.