Press Releases

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)…

Luetkemeyer Questions SEC Chair Gensler in House Financial Services Committee

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WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03) and the House Financial Services Committee held a hearing to conduct oversight of the Securities and Exchange Commission (SEC). Congressman Luetkemeyer questioned SEC Chair Gary Gensler about Environmental, Social, and Governance (ESG), as well as the recent bank failures and prevention of future profit-seeking bank…

Luetkemeyer, Hill, Williams Introduce Bill Package to Protect Small Businesses from CFPB Overreach

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WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03), Congressman French Hill (AR-02) and Congressman Roger Williams (TX-25) introduced a three-bill package to protect American small businesses and financial institutions from costly and invasive data collection and compliance standards. Congressman Luetkemeyer’s bill, the Bank Loan Privacy Act would require the Consumer…

Luetkemeyer Discusses Damaging CFPB Small Business Data Collection in House Small Business Committee

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WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03) questioned witnesses in a House Small Business Committee hearing entitled, “The End of Relationship Banking? Examining The CFPB’s ‘Small Business Lending Data Collection’ Rule” about the harmful effects of the Consumer Financial Protection Bureau (CFPB) data collection policies on our nation’s small businesses and…

Luetkemeyer Introduces Bill to Stop Flow of Fentanyl

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WASHINGTON, D.C. – This week, Congressman Blaine Luetkemeyer (MO-03) introduced the Stopping Illicit Fentanyl Trafficking (SIFT) Act. This legislation would permanently codify the Drug Enforcement Administration’s (DEA) emergency scheduling of illicit fentanyl which is set to expire in December 2024. It would create a long-term solution for scheduling of fentanyl analogues that…

Luetkemeyer Delivers Opening Remarks on CCP Role in Fentanyl Crisis

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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 lead a hearing entitled, “Follow the Money: The CCP’s Business Model Fueling the Fentanyl Crisis.” Click HERE to watch. “As every Member of this committee is painfully aware, fentanyl is a poison that is…

Luetkemeyer, Select Committee on CCP Hold Hearing on Continued Uyghur Genocide

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WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03) and the Select Committee on the Chinese Communist Party (CCP) held a hearing entitled, “The Chinese Communist Party's Ongoing Uyghur Genocide." The Congressman’s full line of questioning can be found below.  Click HERE to watch. Congressman Luetkemeyer: Back in 2020, there were a thousand Chinese companies on…

Luetkemeyer Introduces Much Needed CFPB Reform Bills

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WASHINGTON, D.C. – Yesterday, Congressman Blaine Luetkemeyer (MO-03), introduced three bills to bring much needed reform to the Consumer Financial Protection Bureau (CFPB). “The CFPB is our country’s most economically dangerous government agency. It’s led by a sole director who, as we’ve seen especially with Director Chopra, wields an enormous amount of unchecked power. My bills would…