Congressman Blaine Luetkemeyer (MO-03) introduced the Regulatory Transparency for Small Businesses Act. The bill forces federal agencies, when proposing a regulation, to identify an approximate number of small entities that will be affected by the regulation, NAICS Codes for those industries, and a cost per small entity. The agency must also provide the data used to make that… Read more »

On Wednesday, Vice Chairman Blaine Luetkemeyer (R-MO) led a full Committee on Small Business hearing titled “Conducting Oversight: Testimony from the Small Business Administrator.” Vice Chairman Luetkemeyer issued the following statement after today’s hearing. “Today’s hearing was critically important in conducting oversight of the SBA,” said Vice Chairman… Read more »

Today, Congressman Blaine Luetkemeyer (MO-3) supported S.J. Resolution 32 which overturns the Consumer Financial Protect Bureau’s (CFPB) disastrous small business data collection rule.  Section 1071–a remnant of the Dodd-Frank Act enacted more than a decade ago–is an attempt by the CFPB to collect and publish information on small businesses and small business lenders,… Read more »

Much like learning a second language, exposure to Science, Technology, Engineering, and Math (STEM) at an early age prepares students for ongoing success in an increasingly technological world. Unfortunately, elementary schools don’t have advanced robotics labs, and most parents can’t afford private coding lessons. A lack of available resources can impact a child’s educational… Read more »

Today, Congressman Blaine Luetkemeyer (MO-3) discussed President Biden’s disastrous policies with small business owners and experts at the Small Business Committee’s “Burdensome Regulations: Examining the Effects of DOL Rulemaking on America’s Job Creators.” Rep. Luetkemeyer: “This particular administration continues to weaponize ‘guidance.’ It just drives me up the wall from the… Read more »

As we’ve discussed several times, small businesses currently face record-high inflation, supply-chain disruptions, workforce shortages, and other disadvantages crippling their ability to participate in our economy. These challenges come on the heels of Covid closures that rocked Main Street USA more than any large… Read more »

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.                  … Read more »

WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03) released the following statement regarding House passage of his bill, the Providing Accountability Through Transparency Act. This bill has already been passed by the Senate and will now head to the President’s desk for signature. “The federal government produces hundreds of rules, regulations, and laws every year.… Read more »

WASHINGTON, D.C. – Today the House Committee on Small Business is holding a full committee hearing titled “Reviewing the SBA’s Office of Advocacy Report on the Regulatory Flexibility Act.” Vice Chairman Blaine Luetkemeyer’s (MO-03) opening statement as prepared for delivery can be found below. “Good morning and welcome to today’s hearing which will focus on reviewing the Small… Read more »

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… Read more »