This week, the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Chairman Blaine Luetkemeyer (MO-03), held hearing entitled, “How America and Its Allies Can Stop Hamas, Hezbollah, and Iran from Evading Sanctions and Financing Terror.”
Congressman Luetkemeyer questioned expert witnesses on terrorist attempts to… Read more »
WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer, Chairman of the Subcommittee on National Security, Illicit Finance, and International Financial Institutions, delivered opening remarks at the subcommittee’s Hearing to Examine How America and Its Allies Can Stop Hamas, Hezbollah, and Iran from Evading Sanctions and Financing Terror.
“As I said last week, we cannot blindly trust… Read more »
Today, Congressman Blaine Luetkemeyer, Chairman of the Subcommittee on National Security, Illicit Finance, and International Financial Institutions, sent a letter to Treasury Secretary Janet Yellen regarding Iran’s use of ‘Special Drawing Rights’ (SDR) to access capital. The Congressman urges Sec. Yellen to instruct the International Monetary Fund’s (IMF) membership that any efforts to… Read more »
This week, Rep. Blaine Luetkemeyer led a series of efforts to prevent foreign adversaries from funding acts of terrorism.
As chair of the Subcommittee on National Security, Illicit Finance, and International Financial Institutions, Rep. Luetkemeyer introduced the Iran Sanctions Accountability Act to implement responsible standards of due diligence and prevent Iran from skirting… Read more »
Today, Rep. Blaine Luetkemeyer (MO-3) released the following statement in response to the Consumer Financial Protection Bureau’s opaque announcement that it will begin targeting banks for “junk fees.”
“My colleagues and I on the Financial Services Committee reviewed the CFPB’s strategy during a hearing in March of 2022. As a few of our expert witnesses pointed out, the term ‘junk fees’… Read more »
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 »
