Press Releases

Luetkemeyer Calls on McWilliams and Otting to Investigate Intimidation Tactics

For the last five years, Congressman Blaine Luetkemeyer (MO-03), Chairman of the Financial Institutions and Consumer Credit Subcommittee, has led the charge against the aptly named “Operation Choke Point.” On Friday, newly-unsealed court documents revealed additional information exposing the blatant intimidation and bias employed by Obama Administration bureaucrats.  

Today, Chairman Luetkemeyer sent letters to Federal Deposit Insurance Corporation (FDIC) Chairman Jelena McWilliams and Comptroller of the Currency Joseph Otting, calling on them to investigate this matter and take immediate and firm action against any member of their staff who has abused their power. Chairman Luetkemeyer released the following statement:

“As a former examiner, I find it appalling that senior regulators would not only allow but encourage this type of irresponsible behavior. The intimidation tactics and implicit bias employed by these unelected bureaucrats stands in direct opposition to the important missions of the agencies,” said Chairman Luetkemeyer. “The abuse of power is truly astounding, but I hope that Chairman McWilliams and Comptroller Otting will do what their predecessors consistently declined to do and restore the integrity of their agencies.”

Letter from Chairman Luetkemeyer to FDIC Chairman Jelena McWilliams

Letter from Chairman Luetkemeyer to Comptroller of Currency Joseph Otting