Today, Congressman Blaine Luetkemeyer (MO-03) released the following statement after the Supreme Court of the United States (SCOTUS) released its decision in Consumer Financial Protection Bureau et al. v. Community Financial Services Association of America, Ltd., et al.
“Today’s Supreme Court decision affirming the funding structure of the Consumer Financial Protection… Read more »
Today, Congressman Blaine Luetkemeyer (MO-03) questioned Federal Deposit Insurance Corporation (FDIC) Chair Martin Gruenberg as part of the Committee on Financial Services hearing titled, “Oversight of Prudential Regulators”. During questioning, Congressman Luetkemeyer focused on instances of race and gender discrimination, anger mismanagement and sexual assault as outlined in a recently… Read more »
Following a recently released report detailing allegations of widespread abuse and misconduct at the FDIC, Congressman Luetkemeyer released the following statement calling for Chairman Gruenberg’s resignation:
“FDIC Chairman Marty Gruenberg has overstayed his welcome at the FDIC. His abuse of authority and evasion of accountability began when he spearheaded Operation Chokepoint.… Read more »
Chairman Blaine Luetkemeyer (MO-3) questioned witnesses from the Department of Defense (DOD), Department of Commerce, and Federal Emergency Management Agency (FEMA) as part of the Financial Services Subcommittee on National Security hearing Entitled: Mission Critical: Restoring National Security as the Focus of Defense Production Act Reauthorization, Part II.
… Read more »
One sunny Friday, you wake up and start your day like you always do. You pour yourself a cup of coffee and begin getting ready for work, take the kids to school, or start your daily duties. Your routine is interrupted by an emergency radio broadcast: “China has invaded Taiwan”. You go on to listen to the trade speculations made by the broadcasters, but this surely can’t affect you –… Read more »
Bipartisan legislation, introduced today by Congressman Blaine Luetkemeyer (R-MO) and Congressman Ritchie Torres (D-NY), would establish an advisory committee under the Financial Stability Oversight Council to develop an economic plan to mitigate the catastrophic economic fallout from potential Chinese military aggression towards Taiwan. The advisory committee, whose members would include… Read more »
Congressman Blaine Luetkemeyer (R-MO) and Congressman Bill Foster (D-IL) sent a letter to Chair Gary Gensler of the U.S. Securities and Exchange Commission (SEC) calling on the agency to investigate recent market volatility attributed to short selling.
“Short selling can support the integrity of markets and contribute to accurate price discovery,” the Congressmen said in the letter.… Read more »
Whether you were helping your parents on the family farm, dreaming of carrying on the family tradition one day or bagging groceries at the local supermarket, I’m sure we can all think back to our first job. The long hours and hard work and the eventual transition into what we chose as our career. Retirement often felt like a distant concept during our youth, as we diligently saved money… Read more »
WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-3) questioned witnesses from the Center for Monetary and Financial Alternative Cato Institute, Consumer Bankers Association, Commonwealth Credit Union, and Unidos US on the impact politicization of financial regulation has on consumer credit and community development.
Watch… Read more »
Today, Congressman Blaine Luetkemeyer (MO-3) introduced the Secure Payments Act of 2024 directing the Federal Reserve Board of Governors to perform a thorough economic analysis of its proposed changes to Regulation II before finalizing the rule. Specifically, the analysis must measure the impact on consumers, including access to affordable debit accounts, and a review of the primary… Read more »
