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Blaine's Bulletin: China's War On Taiwan And Our Economy

| Posted in Columns

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 – you’re thousan...

Rep. Luetkemeyer and Rep. Torres Introduce Fortifying U.S. Markets from Chinese Military Aggression Act

| Posted in Press Releases

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 key fede...

Rep. Luetkemeyer and Rep. Foster Send a Letter on Market Volatility Attributed to Short Selling

| Posted in Press Releases

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. “However, we a...

Blaine’s Bulletin – Retire Biden’s Inflation

| Posted in Columns

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 for our fu...

Blaine’s Bulletin – Easter

| Posted in Columns

Mathew 28:6: “He is not here; he has risen, just as he said. Come and see the place where he lay.” It’s Good Friday which means Easter is upon us. Easter marks the most sacred time of the year for Christians, a time we take for self-reflection, devotion, and dedication to our faith. Each year, Easter holds a special place in my heart. It's a holiday filled with happiness, renewal, and cherished mo...

Blaine’s Bulletin – Biden Drains the SPR and Americans Wallets

| Posted in Columns

Imagine emptying your gas tank or kitchen cabinet to help fuel your toughest adversary, leaving you and your family without enough resources to get to work, school, or even feed your family. Unfortunately, you don't have to imagine it because this is the reality the Biden administration created when they drained our strategic petroleum reserve (SPR) to record lows while selling to China. Biden’s u...

Rep. Luetkemeyer Hears Testimony from the Small Business Administrator

| Posted in Press Releases

On Wednesday, Vice Chairman Blaine Luetkemeyer (R-MO) led a full Committee on Small Business hearing titled “Conducting Oversight: Testimony from the Small Business Administrator.” Vice Chairman Luetkemeyer issued the following statement after today’s hearing. “Today’s hearing was critically important in conducting oversight of the SBA,” said Vice Chairman Luetkemeyer. “The SBA’s sole purpose is t...

Blaine's Bulletin: The Dangers of TikTok

| Posted in Columns

On February 18, 2022 Chase Nasca was a 16-year-old high school student. That morning his parents Dean and Michelle saw their child off to school expecting, like all parents do, to see their son later that afternoon. On his way home from school Chase stopped next to a train track, texted a friend “I can’t do it anymore”, then stepped in front of a train taking his own life. I have hesitated to shar...

Rep. Luetkemeyer on Politicized Financial Regulation and its Impact on Consumer Credit

| Posted in Press Releases

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 the full exchange HERE. Rep. Luetkemeyer: “Mrs. Johnson, I am wo...

Blaine’s Bulletin: State Of The Union

| Posted in Columns

Three years ago, at President Biden’s inauguration, he told the country his goal was “Bringing America together, uniting our people, and uniting our nation”. Unfortunately, like many of the President’s claims last night, the facts don’t align with the words. Instead of working with Congress and state governors to unite around common goals of countering our adversaries like China, securing our bord...

Luetkemeyer Introduces the Secure Payments Act of 2024

| Posted in Press Releases

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 beneficiary of...

Rep. Luetkemeyer Responds to CFPB Credit Card Late Fee Rule

| Posted in Press Releases

Today, Congressman Blaine Luetkemeyer (MO-03) responded the Consumer Financial Protection Bureau (CFPB) rule regarding credit card late fees. “Once again, the Biden Administration has picked campaign messaging over working families. Like nearly every action taken by the CFPB under Rohit Chopra this rulemaking will result in higher upfront costs for accessing credit and eliminate credit options for...

Blaine’s Bulletin: Demanding Due Diligence on New Debit Card Rules

| Posted in Columns

You’ve likely heard the term swipe fees or interchange fees regarding the use of debit cards and credit cards. In short, interchange fees are small fees merchants pay to card companies or banks for the ability to accept card payments and use their network. The fees cover everything from data security to points programs. For example, if you’ve ever had a fraudulent purchase show up on your account ...

Blaine's Bulletin: Calling All High School Artists!

| Posted in Columns

“Art washes away from the soul the dust of everyday life.” – Pablo Picasso Congress could use a good soul-cleansing, which is why I’m thrilled to announce the 2024 Congressional Art Competition. My offices in Jefferson City and Cottleville are now accepting submissions from high school students until 5 p.m. on April 18. The Congressional Art Competition is an opportunity to showcase incredible hig...

Luetkemeyer Announces Opening of 2024 Congressional Art Competition Submissions

| Posted in Press Releases

Today, Congressman Blaine Luetkemeyer (MO-3) announced his office will begin accepting submissions for the 2024 Congressional Art Competition. Each year, the Congressional Art Competition provides an opportunity for high school artists from the Third District of Missouri to demonstrate their talents. The winning piece will hang on display in the U.S. Capitol alongside other artists’ work from acro...