Congressman Blaine Luetkemeyer (MO-03), Chairman of the Subcommittee on Financial Institutions and Consumer Credit, delivered the following opening statement at a hearing entitled “Assessing the Impact of FASB’s Current Expected Credit Loss (CECL) Accounting Standard on Financial Institutions and the Economy.”
There has been much conversation over how to best calculate expected… Read more »
The Waters of the United States (WOTUS) rule was one of the most egregious regulations stemming from the Obama Administration. When President Trump took office, he directed agencies of jurisdiction to review and replace the WOTUS rule, returning power back to the states. Today, the Environmental Protection Agency (EPA) has proposed a new definition of WOTUS to end years of regulatory… Read more »
Today, Kathy Kraninger was confirmed to serve as Director of the Bureau of Consumer Financial Protection. Congressman Blaine Luetkemeyer (MO-03), Chairman of the House Subcommittee on Financial Institutions and Consumer Credit, issued the following statement:
“Under Acting Director Mulvaney’s guidance, the Bureau of Consumer Financial Protection has become a vastly more accountable… Read more »
Last week, the House passed the Frank LoBiondo Coast Guard Authorization Act of 2018, which includes language allowing the Delta Queen steamboat to return to Missouri’s rivers. Today, Congressman Blaine Luetkemeyer (MO-03) joined President Trump at the bill signing ceremony and released the following statement:
“Today’s bill signing is the culmination of years of hard work and… Read more »
Congressman Blaine Luetkemeyer (MO-03) issued the following statement remembering the life and legacy of President George H.W. Bush:
"America has lost an honorable man who leaves a legacy of conservative leadership. President George H.W. Bush exemplified the Greatest Generation through his faithful commitment to our nation as a war hero, Congressman, Ambassador to the United Nations,… Read more »
The Delta Queen steamboat, the oldest overnight passenger steamboat still able to travel America’s inland waterways, was known as a mainstay of the Mississippi and Ohio Rivers for more than 60 years. Congressman Blaine Luetkemeyer (MO-03) recently sent a letter to House Committee on Transportation and Infrastructure leaders, urging the inclusion of language to preserve history and support… Read more »
Last month, Congressman Blaine Luetkemeyer (MO-03), Chairman of the Financial Institutions and Consumer Credit Subcommittee, sent letters to Federal Deposit Insurance Corp. (FDIC) Chairman Jelena McWilliams and Comptroller of the Currency Joseph Otting, calling on them to investigate and take action against those who have abused power at the agencies. Chairman Luetkemeyer released the… Read more »
Today the House Financial Services Committee welcomed Federal Reserve Vice Chair for Supervision Randal Quarles to testify. Financial Institutions and Consumer Credit Subcommittee Chairman Blaine Luetkemeyer (MO-03) delivered the following opening statement:
Welcome Vice Chairman Quarles, thank you for joining us today and for the steps you’ve taken to right-size regulation. … Read more »
Yesterday, the Federal Reserve, Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency released proposals to change the bank supervisory regime. Congressman Blaine Luetkemeyer (MO-03), Chairman of the Financial Institutions and Consumer Credit Subcommittee released the following statement:
“For years I’ve urged federal financial regulators to reassess the… Read more »
Today, Congressman Blaine Luetkemeyer (MO-03), Chairman of the Financial Institutions and Consumer Credit Subcommittee, sent letters to Federal Reserve Chairman Jay Powell, Federal Reserve Vice Chair for Supervision Randy Quarles, Bureau of Consumer Financial Protection Acting Director Mick Mulvaney, and National Credit Union Administration Chairman Mark McWatters urging them to restore… Read more »
