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Thursday, November 21, 2024

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Luetkemeyer addresses romance scam industry in congressional hearing

Chairman Blaine Luetkemeyer (MO-03) questioned witnesses today during the House Financial Services Subcommittee on National Security, Illicit Finance, and International Financial Institutions hearing titled “Protecting Americans' Savings: Examining the Economics of the Multi-Billion Dollar Romance Confidence Scam Industry.”

By Jefferson City News | Sep 18, 2024

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Kleindienst seeking seat on Calloway County Commission

Kirt Kleindienst is seeking the Republican nomination to represent the Eastern District for a four-year term. The primary election will be held on August 6.

By Jefferson City News | Jul 29, 2024

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Chairmen introduce bill requiring disclosure of financial ties with China

By Jefferson City News | Jul 25, 2024

House Financial Service Subcommittee on National Security, Illicit Finance, and International Financial Institutions Chairman Blaine Luetkemeyer (MO-03) and Select Committee on the Chinese Communist Party Chairman John Moolenaar (MI-02) introduced The PRC Risk Transparency Act today. The legislation aims to enhance transparency, manage risks, and ensure accountability for entities with significant exposure to China.

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Rep. Luetkemeyer responds to recent SCOTUS rulings

By Jefferson City News | Jul 2, 2024

Following the recent Supreme Court rulings in Trump v. United States and SEC v. Jarkesy, Congressman Blaine Luetkemeyer (MO-03) released a statement:

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Rep. Luetkemeyer questions CFPB Director Chopra on data protection and junk fees

By Jefferson City News | Jun 13, 2024

During a Financial Services Committee hearing titled "The Semi-Annual Report of the Bureau of Consumer Financial Protection," Congressman Blaine Luetkemeyer (MO-03) questioned CFPB Director Rohit Chopra.

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Rep. Luetkemeyer comments on nomination for new FDIC chair

By Jefferson City News | Jun 13, 2024

Today, following the White House announcement on their intent to nominate Christy Goldsmith Romero to succeed Martin Gruenberg as Chair of the Federal Deposit Insurance Corporation (FDIC), Congressman Blaine Luetkemeyer (MO-03) released a statement.

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Rep. Luetkemeyer questions FDIC's leadership during oversight hearing

By Jefferson City News | Jun 12, 2024

During a full Financial Services Committee hearing aimed at overseeing the Federal Deposit Insurance Corporation’s (FDIC) leadership and workplace culture, Congressman Blaine Luetkemeyer (MO-03) questioned FDIC Special Committee Co-Chairs Michael Hsu and Jonathan McKernan.

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Rep. Luetkemeyer comments on Tiananmen Square anniversary

By Jefferson City News | Jun 4, 2024

Following the China Select Committee bipartisan press conference to commemorate the 35th anniversary of the 1989 Tiananmen Square Massacre, Congressman Blaine Luetkemeyer (MO-03) released a statement.

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Luetkemeyer criticizes verdict in President Trump's New York trial

By Jefferson City News | May 30, 2024

Following the release of the verdict from President Trump's trial in New York, Congressman Blaine Luetkemeyer (MO-03) issued a statement.

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Rep. Luetkemeyer calls for immediate termination of FDIC Chair Gruenberg

By Jefferson City News | May 21, 2024

Following FDIC Chair Marty Gruenberg's announcement regarding his pending resignation, Congressman Blaine Luetkemeyer (MO-03) has called for his immediate termination.

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Luetkemeyer urges SBA to refocus on small businesses

By Jefferson City News | May 17, 2024

Congressman Blaine Luetkemeyer (MO-03) has called on the Small Business Administration (SBA) to refocus its priorities. He released a statement today expressing his concerns about the agency's current operations.

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Rep. Luetkemeyer Responds to SCOTUS Decision on CFPB Funding Structure

By Jefferson City News | May 16, 2024

Congressman Blaine Luetkemeyer (MO-03) has expressed his concerns following the Supreme Court of the United States' (SCOTUS) decision in Consumer Financial Protection Bureau et al. v. Community Financial Services Association of America, Ltd., et al.

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Congressman Luetkemeyer grills FDIC Chair over misconduct allegations

By Jefferson City News | May 15, 2024

Congressman Blaine Luetkemeyer (MO-03) has raised serious questions about the conduct of Federal Deposit Insurance Corporation (FDIC) Chair Martin Gruenberg. This occurred during a Committee on Financial Services hearing titled, “Oversight of Prudential Regulators”. The congressman's queries centered around allegations of race and gender discrimination, anger mismanagement, and sexual assault as outlined in a recent report by law firm Cleary Gottlieb.

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Congressman Luetkemeyer calls for FDIC Chairman Gruenberg's resignation

By Jefferson City News | May 9, 2024

In the wake of a report detailing allegations of widespread abuse and misconduct at the Federal Deposit Insurance Corporation (FDIC), Congressman Luetkemeyer has issued a statement calling for the resignation of Chairman Marty Gruenberg.

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Rep. Luetkemeyer discusses national security at subcommittee hearing

By Jefferson City News | May 8, 2024

On May 8, 2024, Chairman Blaine Luetkemeyer (MO-3) engaged in a dialogue with representatives from the Department of Defense (DOD), Department of Commerce, and Federal Emergency Management Agency (FEMA). This discussion was part of the Financial Services Subcommittee on National Security hearing entitled: Mission Critical: Restoring National Security as the Focus of Defense Production Act Reauthorization, Part II.

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Rep. Luetkemeyer Introduces Regulatory Transparency for Small Businesses Act

By Jefferson City News | Apr 18, 2024

Congressman Blaine Luetkemeyer (MO-03) has introduced the Regulatory Transparency for Small Businesses Act, a bill aimed at addressing the impact of overregulation on small entities. The bill requires federal agencies proposing regulations to disclose the approximate number of small entities affected, NAICS Codes for related industries, and the cost per small entity, along with the data used for this determination.In a statement, Congressman Luetkemeyer highlighted the financial burden placed on small businesses by overregulation, stating, "On top of record inflation,...

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Rep. Luetkemeyer and Rep. Torres Introduce Fortifying U.S. Markets from Chinese Military Aggression Act

By Jefferson City News | Apr 11, 2024

On April 11, 2024, Congressman Blaine Luetkemeyer (R-MO) and Congressman Ritchie Torres (D-NY) introduced bipartisan legislation aimed at fortifying U.S. markets from potential Chinese military aggression towards Taiwan.Luetkemeyer emphasized the need for preparedness, stating, "America is unprepared for the catastrophic economic impact of a Chinese invasion of Taiwan." He highlighted the interconnectedness of economies and the need for a strategic plan to address the potential fallout.Torres echoed this sentiment, stressing the importance of maintaining a fair...

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Rep. Luetkemeyer and Rep. Foster Send a Letter on Market Volatility Attributed to Short Selling

By Jefferson City News | Apr 9, 2024

On April 9, 2024, Congressmen Blaine Luetkemeyer of Missouri and Bill Foster of Illinois raised concerns about market volatility attributed to short selling in a letter addressed to Chair Gary Gensler of the U.S. Securities and Exchange Commission (SEC).In the letter, the Congressmen highlighted the importance of short selling in supporting market integrity and accurate price discovery. They acknowledged the impact of false information on stock prices, stating, "However, we are aware of assertions that some issuers have experienced falling stock prices due to...

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Rep. Luetkemeyer Holds Oversight Hearing with Small Business Administrator

By Jefferson City News | Mar 22, 2024

Rep. Luetkemeyer held a Committee on Small Business hearing where he emphasized the importance of oversight of the Small Business Administration (SBA). In a statement following the hearing, Vice Chairman Luetkemeyer expressed his commitment to holding the SBA accountable and ensuring it functions as intended. He stated, “The SBA’s sole purpose is to help small businesses, but unfortunately, they have strayed from that mission.”During the hearing, Vice Chairman Luetkemeyer raised concerns about fraud in the Paycheck Protection Program (PPP) and Economic Injury Disaster...

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Luetkemeyer: CFPB use of term ‘junk fees’ is ‘nonsense’

By Jefferson City News Service | Mar 9, 2024

U.S. Rep. Blaine Luetkemeyer (R-MO-3) said that the Consumer Financial Protection Bureau’s (CFPB) use of the term "junk fees" is “nonsense.”