Touching on his wide-ranging experience as a bank examiner, small businessman, and community banker, U.S. Rep. Blaine Luetkemeyer (MO-9) today was named to two key subcommittees of the House Financial Services Committee: Financial Institutions & Consumer Credit and Domestic Monetary Policy & Technology.

“I look forward to leading the discussions on these important financial issues because of the impact they will have on hard-working families and small businesses in the 9^th District and across the country,” Luetkemeyer said. “I am excited about getting down to business and delving into some of the most important financial issues facing our country.”

The Subcommittee on Financial Institutions & Consumer Credit oversees all financial regulators including the Federal Deposit Insurance Corporation, the Federal Reserve Board of Governors, the National Credit Union Administration, and the Comptroller of the Currency. It also oversees all matters pertaining to consumer credit including the Bureau of Consumer Financial Protection, the Consumer Credit Protection Act, and overall access to financial services. The Subcommittee is also charged with overseeing the safety and soundness of the U.S. banking system.

The jurisdiction of the Subcommittee on Domestic Monetary Policy & Technology includes economic growth and stabilization, and the structure and functioning of domestic financial institutions. The Subcommittee provides regular oversight of the Federal Reserve and its efforts to carry out its regular responsibilities including bank examinations, consumer protection, and data collection and analysis. It also has jurisdiction over U.S. coins and currency. 

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