WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03) and Congressman Ted Budd (NC-13) introduced the Responsible Accounting Standards Act to bring commonsense reform to the unaccountable Financial Accounting Standards Board (FASB).
“Accounting principles impact every single American business and their employees. FASB’s wide-ranging power should require commonsense… Read more »
WASHINGTON, D.C. – Today Congressman Blaine Luetkemeyer (MO-03), Ranking Member on the Subcommittee on Consumer Protection & Financial Institutions released a statement regarding the Biden Administration’s announcement that it intends to nominate Martin Gruenberg for Federal Deposit Insurance Corporation (FDIC) Chairman.
“As one of the creators of the Obama-era, ‘Operation… Read more »
WASHINGTON, D.C. – Today Congressman Blaine Luetkemeyer (MO-03), Ranking Member of the Subcommittee on Consumer Protection and Financial Institutions released the following statement regarding guidance issued today by the Consumer Financial Protection Bureau (CPFB) on so-called “junk fees.”
“It is important to note that guidance is neither a law nor a rule. It is not enforceable and… Read more »
WASHINGTON, D.C. – Today Congressman Blaine Luetkemeyer (MO-03), Ranking Member on the Subcommittee on Consumer Protection and Financial Institutions released a statement regarding the U.S. Court of Appeals for the Fifth Circuit’s Wednesday ruling that the Consumer Financial Protection Bureau’s (CFPB) independent funding through the Federal Reserve violates the Constitution’s… Read more »
WASHINGTON, D.C. – Today Congressman Blaine Luetkemeyer (MO-03), Ranking Member on the Subcommittee on Consumer Protection and Financial Institutions was joined by Congresswoman Ann Wagner (MO-02), Ranking Member on the Subcommittee on Diversity and Inclusion, Congressman Andy Barr (KY-06), Ranking Member on the Subcommittee on National Security, International Development and… Read more »
WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03), top Republican on the Subcommittee on Consumer Protection and Financial Institutions and Congressman Brad Sherman (CA-30), top Democrat on the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets sent a letter to the Federal Housing Finance Agency (FHFA) regarding the need to protect American… Read more »
WASHINGTON, D.C. – Today Congressman Blaine Luetkemeyer (MO-03), top Republican on the Subcommittee on Consumer Protection and Financial Institutions released a statement regarding a lawsuit filed by the U.S. Chamber of Commerce, Consumer Bankers Association, American Bankers Association among others against the Consumer Financial Protection Bureau (CFPB). The lawsuit is a challenge… Read more »
WASHINGTON, D.C. – Today in a hearing with the CEOs of America’s largest retail banks in the House Financial Services Committee, Congressman Blaine Luetkemeyer (MO-03), Ranking Member on the Consumer Protection & Financial Institutions Subcommittee questioned Jamie Dimon (JPMorgan Chase), Jane Fraser (Citi), and Brian Moynihan (Bank of America) about their respective banks’… Read more »
There is an alarming trend taking place in our country. Political agendas, specifically climate change, are seeping into areas that have absolutely nothing to do with them. Environmental Social and Corporate Governance (ESG) refers to pressure from progressives on corporate America to take positions on political and social issues that should have no bearing on their business. ESG is… Read more »
WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03), Ranking Member of the Subcommittee on Consumer Protection and Financial Institutions and Congressman Bill Huizenga (MI-02), Ranking Member of the Investor Protection, Entrepreneurship, and Capital Markets Subcommittee introduced the House companion bill to the Investor Democracy is Expected (INDEX) Act.
“This bill… Read more »
