Financial Services

House Financial Services Committee Passes Luetkemeyer Bill Targeting Chinese Spying Efforts

| Posted in Press Releases

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…

Luetkemeyer Discusses Basel III in Financial Institutions and Monetary Policy Subcommittee

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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.                  …

Luetkemeyer ‘Stop Fentanyl Money Laundering Act’ Passes House Financial Services Committee

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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…

Luetkemeyer, Sherman Introduce the ‘Holding Chinese Listed Companies Accountable Act’

| Posted in Press Releases

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…

Luetkemeyer Delivers Remarks at Hearing on Potential Consequences of FinCEN’s Beneficial Ownership Rulemaking

| Posted in Columns

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…

Luetkemeyer Questions Witnesses in Hearing on FinCEN’s Beneficial Ownership Rulemaking

| Posted in Press Releases

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 questioning with witnesses including Missourian, Pete Selenke, Vice President and Anti-Money…

Luetkemeyer Discusses ESG in House Financial Services Committee

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WASHINGTON, D.C. – Today in a full House Financial Services Committee hearing entitled, “Protecting Investor Interests: Examining Environmental and Social Policy in Financial Regulation” Congressman Blaine Luetkemeyer (MO-03) questioned witnesses about the effects of Environmental, Social, and Governance (ESG) policies on American investors and the global economy. Click HERE to…

Blaine’s Bulletin: This Week in Washington

| Posted in Columns

It was a busy but productive week on Capitol Hill! I started off the week attending the Health Plan Hero Awards on Capitol Hill and meeting with the Cosmos Corporation. The Cosmos Corporation is a family-owned and operated business out of St. Peters that started out manufacturing beauty supplies in the 1980s and has grown into an international supplier of personal care, pet health and…

Luetkemeyer Questions Director Chopra About CFPB Overreach, Complete Lack of Transparency

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WASHINGTON, D.C. – Today Congressman Blaine Luetkemeyer (MO-03) questioned Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra in a full House Financial Services Hearing about the Director’s refusal to meet personally with industry stakeholders, the Bureau’s failure to follow proper rulemaking procedures, and the Bureau’s efforts to enforce non-enforceable terms like…

Luetkemeyer, Colleagues Demand Clarity from FinCEN, Treasury Regarding Beneficial Ownership Reporting Requirements

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WASHINGTON, D.C. – Today National Security, Illicit Finance, and International Financial Institutions Subcommittee Chairman Blaine Luetkemeyer (MO-03), along with House Financial Services Committee Chairman Patrick McHenry (NC-10), House Committee on Small Business Chairman Roger Williams (TX-25), and House Appropriations Subcommittee on Financial Services and General Government…