Today, Congressman Blaine Luetkemeyer (MO-3), Chairman of the Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions and a member of the House Select Committee on the Chinese Communist Party, released a formal address calling on the SEC to apply maximum scrutiny in its review of Shein’s IPO application.  … Read more »

Last night, during a House Select Committee on the Chinese Communist Party, Congressman Blaine Luetkemeyer (MO-3) discussed the influence TikTok and the Chinese government have had on fueling antisemitism and terrorism support across U.S. universities.  Watch the full clip HERE. Rep. Luetkemeyer: “Is TikTok having an… Read more »

Today, Congressman Blaine Luetkemeyer (MO-3) supported S.J. Resolution 32 which overturns the Consumer Financial Protect Bureau’s (CFPB) disastrous small business data collection rule.  Section 1071–a remnant of the Dodd-Frank Act enacted more than a decade ago–is an attempt by the CFPB to collect and publish information on small businesses and small business lenders,… Read more »

This week, Congressmen Blaine Luetkemeyer (MO-3) and 19 other Republicans on the House Select Committee on the Strategic Competition Between the United States and the Chinese Communist Party requested a formal investigation into all Chinese Light Detection and Ranging (LiDAR) companies. LiDAR is a critical technology used in drones but does not currently fall under U.S. export controls… Read more »

Today, Congressman Blaine Luetkemeyer (MO-3) questioned Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra on his mismanagement of the agency and attempts to expand his power as a regulator. Watch the full clip HERE. Rep. Luetkemeyer: “Taken together, we’re looking at massive losses of revenue coupled with very large… Read more »

Congressman Blaine Luetkemeyer (MO-3), Chairman of the Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions, released the following statement regarding Binance founder Changpeng "CZ" Zhao pleading guilty to breaking sanctions and money-transmitting laws. "While I believe a harsher punishment is required, these are exactly the… Read more »

Congressmen Blaine Luetkemeyer (MO-3), Chairman of the Subcommittee on National Security, Illicit Finance, and International Financial Institutions, and Bill Huizenga (MI-4), Chairman of the Subcommittee on Oversight and Investigations, have each made statements criticizing the U.S. State Department’s naive and ill-timed decision to renew a sanctions waiver on Iranian electricity sales to… Read more »

This week, during a House Financial Services Committee hearing titled, “Oversight of Prudential Regulators,” Congressman Blaine Luetkemeyer (MO-3) spoke to witnesses on the repercussions of the misguided Credit Card Competition Act. Rep. Luetkemeyer: “Last year, the Durbin Debit Rule was cited by the Government Accountability Office as causing significant damage to checking account… Read more »

This week, during a House Financial Services Committee hearing, Congressman Blaine Luetkemeyer (MO-3) questioned prudential regulators on the U.S. financial system’s preparedness for China’s seemingly inevitable invasion of Taiwan. Watch the video HERE. Rep. Luetkemeyer: “I met with a market expert about the likely scenario that China will invade Taiwan by 2027 and the U.S.… Read more »

Today, during the House Financial Services Committee Markup, Congressman Blaine Luetkemeyer (MO-3) received bipartisan support for his bill, the Iran Sanctions Accountability Act. Rep. Luetkemeyer’s legislation closes loopholes through which Iran could divert humanitarian aid to fund terrorism and requires the president to prescribe regulations to ensure that humanitarian assistance… Read more »