In an effort to address the impending loss of jobs, hours and opportunities facing millions of Americans, U.S. Rep. Blaine Luetkemeyer (MO-3) voted in support of the Save American Workers Act which would repeal the 30-hour definition of “full-time employment” in the president’s health care law. Read more »

The United States has the world’s most diverse financial system with thousands of different institutions serving millions of different types of customers in large cities and small communities across the country. This diversity benefits our banking customers and supports economic growth. Read more »

After spending 30 years in the financial services industry, I have seen many individuals achieve the American dream through hard work and dedication. These individuals weren’t alone through their journey; many also had the help of local financial institutions like community banks and credit unions. However, those hometown institutions are now being overwhelmed by increasingly burdensome regulations, many of which stem directly from passage of Dodd-Frank Wall Street Reform and Consumer Protection Act. Read more »

U.S. Rep. Blaine Luetkemeyer (MO-3) issued the following statement after the Financial Services Subcommittee on Housing and Insurance held a hearing titled “Implementation of the Biggert-Waters Flood Insurance Act: Protecting Taxpayers and Homeowners”: Read more »

There’s a framed editorial cartoon hanging in my district office in Jefferson City that depicts a couple – the husband is labeled Freddie Mac and his wife is labeled Fannie Mae – telling a man behind a desk who is labeled “taxpayers” the following: “We need to apply for a loan.” I’ve had that piece of artwork since the housing collapse in 2008 and the nearly $200 billion bailout for Fannie and Freddie that ensued, and it has served as a stark and constant reminder of the kind of chaos government created in the home lending market that has yet to fully recover. Read more »

U.S. Rep. Blaine Luetkemeyer’s (MO-3) bill to save customers of banks and credit unions time and money by eliminating redundant mailings has been overwhelmingly passed by the House of Representatives, sending the legislation to the U.S. Senate for consideration. Read more »

Some of the most important work I conduct in Congress, on your behalf, is in the two committees on which I serve. It’s in these committees where important legislation is shaped, improved or expanded upon before it comes before the full House of Representatives for consideration. Read more »

Like many of you, I still believe that having the opportunity to own a home is very much part of the American dream. But after more than four years as your voice in Washington, I believe government involvement in that process has devolved into an American nightmare, particularly when it comes to the Federal Housing Administration (FHA) and government-backed enterprises such as Fannie Mae and Freddie Mac. Read more »

U.S. Rep. Blaine Luetkemeyer (MO-3) is re-introducing legislation passed late last year by the House of Representatives that will end up saving customers of banks and credit unions time and money by eliminating redundant mailings. Read more »

This week, Ben Bernanke announced that the Federal Reserve would continue its misguided quest to ease our financial woes with purchases of $85 billion per month in mortgage-backed securities and Treasuries. This follows years of quantitative easing that have loosened our grip on sound monetary policy and created what many believe to be an artificial recovery. Read more »