WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03), Ranking Member on the Consumer Protection & Financial Institutions Subcommittee, Congressman French Hill (AR-02) and Congressman Roger Williams (TX-25) introduced a three-bill package to protect American small businesses and financial institutions from costly and invasive data collection and compliance standards.… Read more »
WASHINGTON, D.C. – Congressman Blaine Luetkemeyer (MO-03), Ranking Member on the Consumer Protection & Financial Institutions Subcommittee joined Congressman Andy Barr (KY-06), Congressman Bill Huizenga (MI-02), Congressman French Hill (AR-02) in sending a letter to Federal Reserve Chairman Jerome Powell detailing their concerns about President Biden’s nominee for Vice-Chair of… Read more »
WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03), Ranking Member on the Consumer Protection & Financial Institutions Subcommittee released the following statement regarding the confirmation hearing of Sarah Bloom Raskin, President Biden’s nominee to serve as Vice Chair for Supervision of the Federal Reserve.
“Mrs. Raskin’s nomination to serve as the most… Read more »
WASHINGTON, D.C. – Yesterday, Congressman Blaine Luetkemeyer (MO-03) introduced a bill that would remove the Consumer Financial Protection Bureau Director from the Federal Deposit Insurance Corporation (FDIC) Board of Directors, and put term limits in place for FDIC Board of Directors members’ service. All House Financial Services Committee Republicans signed onto this bill.
“The recent… Read more »
WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03) released a statement regarding a failed attempt from Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra to usurp the authority of the Federal Deposit Insurance Corporation (FDIC) Chairwoman and Board of Directors.
“If the need for a commission at the CFPB was not clear before, it certainly is now. Director… Read more »
WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03) Ranking Member on the Consumer Protection & Financial Institutions Subcommittee, released a statement regarding the announcement that Cornell Law Professor Saule Omarova’s nomination for Comptroller of the Currency will be withdrawn.
“Professor Omarova’s radical beliefs showed that if confirmed, she had the potential to… Read more »
WASHINGTON, D.C. – Today, in a House Financial Services Committee hearing entitled, “Oversight of the Treasury Department's and Federal Reserve's Pandemic Response,” Congressman Blaine Luetkemeyer (MO-03) questioned Treasury Secretary Janet Yellen about her continued absence in the House Small Business Committee and Federal Reserve Chair Jay Powell regarding concerning American… Read more »
WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03) released the following statement regarding President Biden’s nomination of Jay Powell to be Chairman of the Federal Reserve.
“Chairman Powell was tasked with the exceedingly difficult job of steering the Fed and our economy through the pandemic and subsequent economic shutdowns. He performed that task admirably and… Read more »
WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03), Ranking Member on the House Consumer Protection and Financial Institutions Subcommittee released a statement ahead of Professor Saule Omarova’s nomination hearing in the Senate Banking, Housing, and Urban Affairs Committee.
“The fact that a USSR native who firmly believes in the virtue of communist rule, would like to… Read more »
WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03), Ranking Member of the House Consumer Protection and Financial Institutions Subcommittee introduced a bill with 16 colleagues that would establish an independent Inspector General at the Consumer Financial Protection Bureau (CFPB) and require the Inspector General to testify in front of Congress on a semi-annual… Read more »
