Press Releases

Luetkemeyer on Guidance Issued by CFPB on “Junk Fees”

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WASHINGTON, D.C. – Today Congressman Blaine Luetkemeyer (MO-03), Ranking Member of the Subcommittee on Consumer Protection and Financial Institutions released the following statement regarding guidance issued today by the Consumer Financial Protection Bureau (CPFB) on so-called “junk fees.” “It is important to note that guidance is neither a law nor a rule. It is not enforceable and…

Luetkemeyer on Fifth Circuit Ruling CFPB Funding Structure is Unconstitutional

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WASHINGTON, D.C. – Today Congressman Blaine Luetkemeyer (MO-03), Ranking Member on the Subcommittee on Consumer Protection and Financial Institutions released a statement regarding the U.S. Court of Appeals for the Fifth Circuit’s Wednesday ruling that the Consumer Financial Protection Bureau’s (CFPB) independent funding through the Federal Reserve violates the Constitution’s…

Luetkemeyer, Financial Services Subcommittee Ranking Members Send Letter to FDIC

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WASHINGTON, D.C. – Today Congressman Blaine Luetkemeyer (MO-03), Ranking Member on the Subcommittee on Consumer Protection and Financial Institutions was joined by Congresswoman Ann Wagner (MO-02), Ranking Member on the Subcommittee on Diversity and Inclusion, Congressman Andy Barr (KY-06), Ranking Member on the Subcommittee on National Security, International Development and…

Luetkemeyer, Sherman Send Bipartisan Letter to FHFA Regarding Harmful Title Insurance Alternatives

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WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03), top Republican on the Subcommittee on Consumer Protection and Financial Institutions and Congressman Brad Sherman (CA-30), top Democrat on the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets sent a letter to the Federal Housing Finance Agency (FHFA) regarding the need to protect American…

Luetkemeyer on Lawsuit Against Overreaching CFPB

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WASHINGTON, D.C. – Today Congressman Blaine Luetkemeyer (MO-03), top Republican on the Subcommittee on Consumer Protection and Financial Institutions released a statement regarding a lawsuit filed by the U.S. Chamber of Commerce, Consumer Bankers Association, American Bankers Association among others against the Consumer Financial Protection Bureau (CFPB). The lawsuit is a challenge…

Luetkemeyer Presses Big Bank CEOs on Investments in China

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WASHINGTON, D.C. – Today in a hearing with the CEOs of America’s largest retail banks in the House Financial Services Committee, Congressman Blaine Luetkemeyer (MO-03), Ranking Member on the Consumer Protection & Financial Institutions Subcommittee questioned Jamie Dimon (JPMorgan Chase), Jane Fraser (Citi), and Brian Moynihan (Bank of America) about their respective banks’…

Luetkemeyer on the One Year Anniversary of Tragic Kabul Airport Bombing

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WASHINGTON, D.C. – Today, Congressman Blaine Luetkemeyer (MO-03) released the following statement regarding the one year anniversary of the Kabul airport bombing that killed 13 American servicemembers.  “One year ago today, the lives of 13 American heroes were cut short. A suicide bomber took the lives of 13 U.S. servicemembers and an estimated 170 civilians at the Kabul…

Luetkemeyer on Biden Student Loan Forgiveness Announcement

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WASHINGTON, D.C. –  Today, Congressman Blaine Luetkemeyer (MO-03) released the following statement regarding the Biden Administration announcement on student loan forgiveness at the expense of the American taxpayer.  “During the Obama Administration, the General Counsel for the Department of Education was quoted saying, ‘if the issue is litigated, the more persuasive analyses…

Luetkemeyer, Huizenga Introduce INDEX Act to Empower American Retail Investors

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WASHINGTON, D.C. –  Today, Congressman Blaine Luetkemeyer (MO-03), Ranking Member of the Subcommittee on Consumer Protection and Financial Institutions and Congressman Bill Huizenga (MI-02), Ranking Member of the Investor Protection, Entrepreneurship, and Capital Markets Subcommittee introduced the House companion bill to the Investor Democracy is Expected (INDEX) Act. “This bill…

Luetkemeyer, McHenry Send Letter to Chopra Regarding Contradictory Testimonies

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WASHINGTON, D.C. –  Today, Congressman Blaine Luetkemeyer (MO-03), Ranking Member on the Consumer Protection and Financial Institutions Subcommittee and Congressman Patrick McHenry (NC-10), Ranking Member on the House Financial Services Committee sent a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra regarding his testimonies before the House Financial…