Today following the White House announcement on their intent to nominate Christy Goldsmith Romero to succeed Martin Gruenberg as Chair of the Federal Deposit Insurance Corporation (FDIC), Congressman Blaine Luetkemeyer (MO-03) released the following statement:
“The nomination of a new FDIC Chair presents an opportunity for much-needed change, but it is only the first step in addressing… Read more »
During the Cold War, most Americans would be alarmed if they discovered their everyday purchases and government-backed retirement funds were financing the Soviet’s military, its strategic initiatives, and even providing employment opportunities. Unfortunately, most policymakers in Washington D.C. and business leaders across the country fail to apply this same logic when thinking about the… Read more »
During a full Financial Services Committee hearing, intended to conduct oversight of the Federal Deposit Insurance Corporation’s (FDIC) failed leadership and toxic workplace culture, Congressman Blaine Luetkemeyer (MO-03) questioned FDIC Special Committee Co-Chairs Michael Hsu and Jonathan McKernan.
“In your testimony, you say you hope accountability is not far off. You also say the… Read more »
Following FDIC Chair Gruenberg's announcement regarding his pending resignation, Congressman Blaine Luetkemeyer (MO-03) released the following statement calling for his immediate termination.
“The pending resignation of FDIC Chair Marty Gruenberg is long overdue, but it falls short of the decisive action needed to address the deep-seated issues plaguing the agency under his… Read more »
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 »
