Financial Services

Luetkemeyer Delivers Opening Remarks at Hearing on Preserving the U.S. Dollar’s Status as the Global Reserve Currency

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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 led a hearing entitled, “Dollar Dominance: Preserving the U.S. Dollar’s Status as the Global Reserve Currency." Luetkemeyer’s opening remarks can be found below.  Click HERE to watch. “First, thank you to our…

Luetkemeyer Discusses Interest Rates, Continued Bank Failures in Subcommittee on Financial Institutions

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WASHINGTON, D.C. – Today in a Subcommittee on Financial Institutions and Monetary Policy hearing entitled, “Uncertain Debt Management: Treasury Markets and Financial Institutions” Congressman Blaine Luetkemeyer (MO-03) discussed our nation’s continued inflation, increased interest rates, and bank failures. Click HERE to watch. Rep. Luetkemeyer: In today’s Wall Street Journal,…

Luetkemeyer Delivers Opening Remarks at Hearing on International Financial Institutions in an Era of Great Power Competition

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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 led a hearing entitled, “International Financial Institutions in an Era of Great Power Competition.” Chairman Luetkemeyer’s opening remarks can be found below.  Click HERE to watch. “First, thank you to our…

Luetkemeyer Questions FHFA Director Thompson in House Financial Services Committee

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WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03) questioned Federal Housing Finance Agency (FHFA) Director Sandra Thompson in a full House Financial Services Committee hearing entitled, “FHFA Oversight: Protecting Homeowners and Taxpayers.” During their exchange Congressman Luetkemeyer pressed the Director on her failure to protect homebuyers from the Administration’s…

ICYMI: Luetkemeyer Questions Prudential Regulators Following Bank Failures in House Financial Services Committee

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WASHINGTON, D.C. – Yesterday, in a full House Financial Services Committee hearing in the wake of recent bank failures entitled, “Oversight of Prudential Regulators,” Congressman Blaine Luetkemeyer (MO-03) questioned Michael Barr, Vice Chair for Supervision for the Federal Reserve, Martin Gruenberg, Chairman of the Federal Deposit Insurance Corporation (FDIC), Todd Harper, Chairman…

Luetkemeyer Questions Leadership from Failed Banks in Joint Subcommittee Hearing

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WASHINGTON, D.C. – Today, the Subcommittees on Financial Institutions and Monetary Policy and Oversight and Investigations held a joint hearing entitled, “Continued Oversight Over Regional Bank Failures” where Congressman Blaine Luetkemeyer (MO-03) questioned Greg Becker, former Chief Executive Officer of Silicon Valley Bank, Scott Shay, co-founder and former Chairman of Signature…

Luetkemeyer Introduces Stop Fentanyl Money Laundering Act

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WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03), Chairman of the Subcommittee on National Security, Illicit Finance, and International Financial Institutions introduced the Stop Fentanyl Money Laundering Act with Congressman Andy Barr (KY-06), Chairman of the Subcommittee on Financial Institutions and Monetary Policy, Congresswoman Young Kim (CA-40), and Congressman Zach…

House Financial Services Committee Advances Luetkemeyer Bills to Reform CFPB

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WASHINGTON, D.C. – Last night, two of Congressman Blaine Luetkemeyer’s (MO-03) bills to reform the Consumer Financial Protection Bureau (CFPB) passed the House Financial Services Committee in a full committee markup. The Consumer Financial Protection Commission Act would replace the CFPB Director position with a bipartisan, five-person commission and the Bureau of…

Luetkemeyer Delivers Remarks at Hearing to Conduct Oversight of the Financial Crimes Enforcement Network and the Office of Terrorism and Financial Intelligence

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WASHINGTON, D.C. – Today the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions, led by Chairman Blaine Luetkemeyer (MO-03), is holding a hearing entitled “Oversight of the Financial Crimes Enforcement Network (FinCEN) and the Office of Terrorism and Financial Intelligence (TFI).” Watch Chairman…

Luetkemeyer Introduces Bill to Hold TikTok Accountable

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WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03), Chairman of the Subcommittee on National Security, National Security, Illicit Finance, and International Financial Institutions and member of the Select Committee on the Chinese Communist Party, introduced the Time is Up Act of 2023. This bill would put the Committee on Foreign Investment in the United States (CFIUS)…