Political rumors swirl as Chambers steps down

• Chambers has fulfilled his two-year commitment to Gov. Eric Holcomb, who appointed him in July 2021.

Why it matters: A quasi-public agency, the IEDC is charged with leading the state's economic development efforts.

• It's not governed by the same transparency rules as other public agencies, but manages hundreds of millions of public dollars and credits itself with landing more than $20 billion in private investment last year.

Catch up fast: Chambers is the founder and CEO of Indianapolis-based Buckingham Cos., a commercial real estate firm.

• He's led the company since 1984.

Between the lines: Chambers, a Republican, is rumored to be considering joining the already-crowded 2024 race for governor.

• Former state Attorney General Curtis Hill announced his candidacy last week, becoming the fourth Republican to jump in.
• Chambers didn't respond to a request for comment.

The intrigue: Chambers could have a hard time establishing his own lane in the field that already has one Holcomb administration official — Lt. Gov. Suzanne Crouch — and two wealthy businessmen — U.S. Sen. Mike Braun and Eric Doden.

What's next: Holcomb said he will appoint the next leader of the IEDC after Chambers steps down Aug. 6.