Local Government News
Rep. Luetkemeyer Introduces Regulatory Transparency for Small Businesses Act
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,...
Rep. Luetkemeyer and Rep. Torres Introduce Fortifying U.S. Markets from Chinese Military Aggression Act
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...