Today, Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger testified before the House Financial Services Committee to deliver the CFPB’s semi-annual report to Congress. Congressman Blaine Luetkemeyer (MO-03), Ranking Member of the Subcommittee on Consumer Protection and Financial Institutions, delivered the following opening statement: Director Kraninger, we’re happy to welcome you for your semi-annual testimony before this Committee and congratulate you as the newly-confirmed D...
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Today, Rep. Bennie G. Thompson (D-MS), Chairman of the House Committee on Homeland Security, along with Rep. Blaine Luetkemeyer (R-MO), introduced the Historically Black Colleges and Universities (HBCUs) Homeland Security Partnerships Act, which would strengthen the partnerships between HBCUs and the Department of Homeland Security (DHS). “The Trump administration and the Department of Homeland Security understand the value of working with HBCUs. This bill will allow us to improve on past progre...
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Congressman Blaine Luetkemeyer (MO-03) announced details for the 2019 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. “I have been blown away by the immense talent exhibited by local high school artists from across the district,” said Congressman Luetkemeyer. “Students from our district have submitted diverse artwork over the last few years from drawings, ...
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Today, Federal Reserve Chairman Powell appeared before the House Financial Services Committee to deliver his semi-annual testimony. House Financial Services Committee Democratic leaders including Congresswoman Nydia Velázquez (NY-07) and Congressman Brad Sherman (CA-30) echoed Congressman Blaine Luetkemeyer’s (MO-03) past concerns regarding the Financial Accounting Standards Board’s (FASB) Current Expected Credit Loss (CECL) rule in their questions to Chairman Powell. “There seems to be a growin...
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Today, Congressman Blaine Luetkemeyer (MO-03) voted against H.J.Res. 46, a misguided resolution to terminate President Donald Trump’s national emergency declaration and obstruct his statutory authority. Congressman Luetkemeyer released the following statement: “Knowing full well this resolution has no chance of being signed into law, today my Democratic colleagues advanced another futile attempt to obstruct the President’s statutory authority and overturn his national emergency declaration,” sai...
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Congressman Blaine Luetkemeyer (MO-03), Ranking Member of the Consumer Protection and Financial Institutions Subcommittee, requested additional information regarding the effects of the Financial Accounting Standards Board’s (FASB) Current Expected Credit Loss (CECL) rule on Government Sponsored Enterprises (GSEs) in a letter to Acting Director of the Federal Housing Finance Agency Joseph Otting. Congressman Luetkemeyer released the following statement: “As the most significant accounting change ...
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Today, the United States Senate and House of Representatives passed legislation to fund the government for the remainder of the fiscal year, sending it to President Trump’s desk to be signed into law. Congressman Blaine Luetkemeyer (MO-03) released the following statement after he supported the legislation: “Facing Democratic opposition more focused on politics than policy, my Republican colleagues on the Conference Committee did their best to find a compromise under these circumstances. Unfortu...
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Congressman Blaine Luetkemeyer (MO-03), Ranking Member of the Subcommittee on Consumer Protection and Financial Institutions, delivered the following opening statement at a hearing entitled “Challenges and Solutions: Access to Banking Services for Cannabis-Related Businesses.” Thank you Mr. Chairman. Before I begin, I’d like to congratulate Mr. Meeks on his role as our Chairman of this subcommittee. We have served together on this Committee for nearly a decade and while we may not always agree o...
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Congressman Blaine Luetkemeyer (MO-03) reintroduced the Providing Accountability Through Transparency Act today. Congressman Luetkemeyer released the following statement: “This legislation is simple, all government agencies must provide the American people a short, plain language summary with every rule it proposes. It is unreasonable for government agencies to write rules and regulations that are so long-winded only subject matter experts can make sense of them. My common sense bill will help A...
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President Donald Trump delivered his second State of the Union Address today. Congressman Blaine Luetkemeyer (MO-03) released the following statement: “Tonight, we were reminded of why we should all be proud to be American. President Trump is choosing greatness for America, reaffirming his commitments to keep our communities safe, rebuild aging infrastructure, fight the opioid crisis, and secure our border,” said Congressman Luetkemeyer. “Although we often hear about what divides us, our nation ...
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