Today, Congressman Blaine Luetkemeyer (MO-03) released the following statement regarding H.R. 8874, the Credit Card Competition Act.
“When a large retailer experiences a data breach, thousands of credit cards must be reissued and hundreds of thousands, if not millions, of dollars in fraudulent charges must be repaid to consumers. Interchange fees cover those expenses. An attempt to… Read more »
Today, Congressman Blaine Luetkemeyer (R-MO) questioned the Securities and Exchange Commission (SEC) Chairman Gary Gensler on multiple issues related to his role including the enforcement of the Holding Chinese Listed Companies Accountable Act.
Click here to watch.
“Chairman Gensler, the 2022 PCAOB inspection reports of mainland… Read more »
Today, Congressman Blaine Luetkemeyer (MO-03) sent a letter to the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, and the president and CEO of the Financial Industry Regulatory Authority (FINRA), Robert Cook, regarding both agencies’ insufficient scrutiny of Chinese crypto companies.
The letter reiterates concerns that the SEC and FINRA continue to allow… Read more »
Nothing the Chinese Communist Party does is a coincidence or an accident. It has carried out strategic moves to bolster its competitive advantages, build an elite military, and increase its influence around the world. As the preeminent leader on the global stage, the United States represents both China’s greatest obstacle and, unfortunately, its greatest resource.
As my… Read more »
Today, Rep. Blaine Luetkemeyer (MO-3) and Rep. Andy Barr (KY-6) released the following statements regarding the House Financial Services Committee’s passage of H.R. 760, the Chinese Military and Surveillance Company Sanctions Act.
"China and Russia have enjoyed relatively unfettered access to U.S. capital markets. Both countries have essentially shrugged off past… Read more »
Today, Blaine Luetkemeyer (MO-3) released the following statement regarding the House Financial Services Committee’s passage of H.R. 5409, the Safeguarding American Farms from Foreign Influence Act.
“Chinese nationals have breached U.S. military bases at least 100 times in recent years, secretly reporting back to the Chinese government. This issue hits close to home in Missouri, where… Read more »
WASHINGTON, D.C. – Today, in a Financial Institutions and Monetary Policy Subcommittee hearing entitled, “Implementing Basel III: What’s the Fed’s Endgame?” Congressman Blaine Luetkemeyer (MO-03) questioned witnesses about the effects of new capital requirements for U.S. banks and the economy.
… Read more »
WASHINGTON, D.C. – Today Congressman Blaine Luetkemeyer (MO-03), Chairman of the National Security, Illicit Finance and International Financial Institutions Subcommittee released the following statement regarding passage of his legislation, the Stop Fentanyl Money Laundering Act through the House Financial Services Committee in a full committee markup.
“Fentanyl is a poison that… Read more »
WASHINGTON, D.C. – Congressman Blaine Luetkemeyer (MO-03), Chairman of the National Security, Illicit Finance and International Financial Institutions Subcommittee and Congressman Brad Sherman (CA-32), Ranking Member of the Capital Markets Subcommittee released the following statements regarding introduction of their bipartisan bill, the Holding Chinese Listed Companies Accountable… Read more »
WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03), Chairman of the National Security, Illicit Finance and International Financial Institutions Subcommittee led a hearing entitled, “Potential Consequences of FinCEN’s Beneficial Ownership Rulemaking.” Chairman Luetkemeyer’s opening remarks can be found below.
“Today’s hearing focuses on Beneficial Ownership, and… Read more »
