It has been a busy and productive week in the House Financial Services Committee. We kicked the week off with a House vote on my legislation to end Operation Choke Point, held a hearing where we debated 13 pieces of legislation to reduce regulatory burdens, and passed additional legislation on the floor.
This week my House colleagues passed my bill, the Financial Institution Customer Protection Act, with a vote of 395-2. Operation Choke Point is a Department of Justice and Financial Deposit Insurance Corporation-led initiative that sought to divorce legal businesses from the financial services they need to survive. The bottom line is the federal government should not be able to intimidate financial institutions into dropping entire sectors of the economy as customers, based not on risk or evidence of wrongdoing, but purely on personal and political motivations. I am pleased my colleagues, once again, recognized the importance of this legislation and I look forward to working with my Senate colleagues so we can get this legislation on the president’s desk.
Additionally, the House passed the Community Institution Mortgage Relief Act with overwhelming bipartisan support. This is a common-sense piece of regulatory reform legislation that would help small financial institutions while appropriately balancing consumer protections. The Consumer Financial Protection Bureau’s expansion of escrow requirements and guidance on mortgage servicing requirements has driven away community institutions. The bottom line is that we shouldn’t subject these smaller institutions to the same regulatory regime as larger ones.
Regulatory relief and common-sense reforms will put our economy on a sound path and give greater opportunity to all Americans. I will continue to work with my colleagues on the House Financial Services Committee and the House of Representatives to ensure we can achieve that.Read More
U.S. Rep. Blaine Luetkemeyer (MO-03) is asking 3rd District residents to participate in the third year of the “Valentines for Veterans” program.
“Last year, my offices received over 13,000 cards from 3rd District residents and I am extremely excited to see what this year will bring,” Luetkemeyer said. “I hope that everyone finds a moment to create a valentine that will be sent to the men and women who bravely fought for the safety of our nation.”
The Valentines for Veterans can be dropped off or mailed to Luetkemeyer’s district office until Monday, Feb. 5 at 5 p.m.
Please be sure to read and follow these rules:
-Do not sign your last name or include your address.
-Please restrict the use of glitter.
-Do not address the valentine to a specific person.
-Do not seal the valentines in individual envelopes.
Additionally, please note that all valentines are reviewed by staff for appropriateness prior to distribution.
The addresses to each of Luetkemeyer’s district offices are:
-2117 Missouri Boulevard, Jefferson City, 65109
-113 East Pearce Boulevard, Wentzville, 63385
-516 Jefferson St., Washington, Mo., 63090
Today, the House of Representatives passed U.S. Rep. Blaine Luetkemeyer’s (MO-03) legislation that he introduced that would put an end to Operation Choke Point.
“Over the past several years, I have led the effort to combat Operation Choke Point, the Department of Justice and Federal Deposit Insurance Corporation-led initiative that sought to cut off legal businesses from the financial services they need to survive,” Luetkemeyer said. “It is simple: the federal government should not be able to intimidate financial institutions into dropping entire sectors of the economy as customers, based not on risk or evidence of wrongdoing, but purely on personal and political motivations. I thank Chairman Hensarling for ensuring this legislation was brought to the House floor and my colleagues for putting an end to this dangerous precedent.”
In the 114th Congress, the House of Representatives passed the Financial Institution Customer Protection Act.Read More
The number one priority of my office is to serve the people of Missouri’s 3rd District. Whether you need help with a federal agency, you are trying to find out if federal grants are available for a project, or if you or your child is interested in applying to a service academy my offices can assist you.
Just recently, my staff hosted the latest round of Constituent Service Days in all 13 counties of the 3rd District. Including this latest round of meetings, members of my staff made 39 stops in 33 different cities this past year. We rotate which towns the meetings are in but we always stop in every county, every time. These meetings are held to give you the opportunity to meet face-to-face with members of my staff to share any concerns you may have or ask questions. I review all of the feedback my staff hears from you, and I take those concerns with me to Washington to make sure Congress hears them as well.
One of the most important services my staff and I can help with is assistance with federal agencies. I cannot override decisions made by a federal agency but I can intervene on a person’s behalf to get them answers and help resolve their problems. From January to November, my offices were able to finalize approximately 400 cases that were opened by 3rd District residents. If you ever have any questions regarding casework, I urge you to call my Jefferson City office so a staff member can help you.
Another service my office can assist with is applying to a military academy. Some of the brightest young men and women in our area apply. The process includes a formal application and an interview with a panel of community volunteers from the 3rd District. For the class of 2022, there were 21 candidates interviewed and waiting for what we hope is good news. The class of 2021 saw an amazing nine academy appointments just from our district.
Additionally, there are many Missouri families who have traveled to Washington over the years. My office is always happy to give you a tour of the Capitol, as well as, schedule tours at other historic sites and museums across the city, including the White House. Members of my staff, many from the 3rd District, are more than willing to show you various room in the Capitol and highlight incredible history and stories that have happened here in the nation’s capital.
Our nation’s government is elected by the people, for the people. My offices stand ready and willing to assist you in any way we can. Please give my offices a call with any questions you have regarding the many constituent services we offer. I look forward to hearing from you and working with you.Read More
U.S. Rep. Blaine Luetkemeyer sent a letter with 40 colleagues to House and Senate leadership urging them to remove the first-in first-out (FIFO) provision from the final tax reform legislation that comes out of Conference.
“In a bill designed to simplify the code and unburden Americans, the Senate FIFO provision eliminates options for individuals and puts the government in charge of when and what securities retirees and other investors can sell,” Luetkemeyer said. “People have the right to make their own decisions when dealing with their money and retirement plans.”
As the letter states, “It has long been a feature of our tax system that taxpayers are able to control the timing of their gains and losses by choosing which lots to sell. Taxpayers who have multiple lots of the same security can specifically identify which shares they want sold when calculating capital gains taxes.” The letter goes on to state, “Taking away the choice would complicate planning, earning compensation, retirement, and giving for millions of American investors and employees and it would not result in meaningful simplification.”Read More
Today, U.S. Rep. Blaine Luetkemeyer (MO-03) voted in support of H.R. 38, the Concealed Carry Reciprocity Act and H.R. 4477, the Fix NICS Act in the House of Representatives.
“I am proud to support our Constitution and the Second Amendment rights of 3rd District Missourians by voting for the Concealed Carry Reciprocity Act and the Fix NICS Act,” Luetkemeyer said. “Today’s package of bills protects our right to keep and bear arms while curbing gun violence and making our communities safer.”
H.R. 38, of which Luetkemeyer is a cosponsor, ensures that law-abiding citizens’ Second Amendment right does not end when individuals cross state lines. The bill allows individuals with a state-issued concealed carry license or permit, or individuals who are citizens of states that do not require a permit to carry a concealed firearm, to carry a concealed handgun in any other state that allows concealed carry, as long as the individual follows the laws of that state.
H.R. 4477 ensures federal and state authorities comply with existing law and report criminal history records to NICS. It also penalizes federal agencies that fail to report relevant criminal records to the FBI, incentivizes states to improve their reporting, and directs federal funding to make sure domestic violence records are accurately reported to the FBI.Read More
U.S. Rep. Blaine Luetkemeyer (MO-03) issued the following statement following the announcement from the Federal Emergency Management Agency (FEMA) regarding reinsurance:
“Over the last few months we’ve seen communities along the Gulf Coast and across the country come together to support the people devastated by hurricanes and tropical storms. We continue to hold each person who has lost so much in our thoughts and prayers while we take pride in the bravery and selflessness of our first responders and folks from every corner of the U.S. including Missouri.
As the victims continue rebuilding their homes we are reminded of the importance of stable and reliable flood insurance. Without it some families may never be able to return to a sense of normalcy. We cannot overlook the role reinsurance and the capital markets play in ensuring taxpayers are protected against losses from National Flood Insurance Program (NFIP). For several years I’ve pressed FEMA to engage in the purchase of reinsurance or capital markets alternatives. In April, I introduced the Taxpayer Exposure Mitigation Act, legislation that would require FEMA to do so. Fortunately, earlier this year, FEMA did purchase some reinsurance to cover potential losses. That reinsurance coverage will do just what it is designed to do: transfer risk from the taxpayer to the private sector. The result is taxpayers potentially saving up to $1 billion in costs associated with Hurricane Harvey flood insurance payments.
While this is positive news and a good start, FEMA could have saved taxpayers billions of dollars more had it transferred a larger portion of its risk to the private sector, which it has the authority to do. Greater involvement from the private sector, specifically the reinsurance and capital markets, in flood insurance would provide greater options for consumers and protections for taxpayers. The families who are recovering from hurricane season, just like those who have recovered from horrific storms in the past, deserve a system that works for them, not against them. While we support the fact that FEMA is going to renew their reinsurance coverage in 2018, it still is not enough to cover their potential costs and taxpayer’s exposure.”
Next week, staff of U.S. Rep. Blaine Luetkemeyer (MO-03) will host Constituent Service Days from December 12-14 across the 3rd District.
“My staff is ready and willing to assist you with any questions you may have regarding any agencies in the federal government. I highly encourage residents of the 3rd District to take advantage of these meetings,” Luetkemeyer said. “If you have any questions about the time or location, please give any of my offices a call.”
Tuesday, December 12
9:00 A.M. – 10:00 A.M.
Windsor Branch of the Jefferson County Library
7479 Metropolitan Boulevard, Barnhart
12:30 P.M. – 1:30 P.M.
Sullivan – City Hall
210 W Washington Street, Sullivan
3:00 P.M. – 4:00 P.M.
Hermann - City Hall
1902 Jefferson Street, Hermann
Wednesday, December 13
9:00 A.M. – 10:00 A.M.
Bland - City Hall
109 Colorado Avenue, Bland
10:00 A.M. – 11:00 A.M.
Wellsville – City Hall
200 W. Hudson Street, Wellsville
10:30 A.M. – 11:30 A.M.
Vienna - City Hall
424 8th Street, Vienna
2:00 P.M. – 3:00 P.M.
Lake Ozark - City Hall
3162 Bagnell Dam Blvd., Lake Ozark
Thursday, December 14
9:00 A.M. – 10:00 A.M.
Russellville - City Hall
13203 Railroad Avenue, Russellville
9:30 A.M. - 10:30 A.M.
Warrenton - City Hall
101 Mockingbird Lane, Warrenton
11:00 A.M. – 12:00 P.M.
Iberia - City Hall
803 Highway 42, Iberia
12:00 P.M. - 1:00 P.M.
Silex City Hall
14 N. 1st, Silex
St. Charles County
1:45 P.M. – 2:45 P.M.
Spencer Road Library
427 Spencer Road, St. Peters
2:30 P.M. – 3:30 P.M.
Kingdom City -City Hall
5584 Dunn Drive, Kingdom City
For years, Missourians have been demanding relief from our nation’s overwhelming tax code and hoping for a plan that allows them to keep more of their own money and creates jobs in the local community. The Tax Cuts and Jobs Act, as written in the House, is projected to create an additional 19,166 jobs in the Show-Me State and raise after tax income for middle class Missouri families by an average of $2,421.
Just days ago, I held a couple of women-owned small business roundtables in the 3rd District. During one of the conversations, we were discussing the tax plan and one of the small business owners said if the tax cuts in this plan will help her save more money, she will be able to invest and grow her business. That is exactly what the Tax Cuts and Jobs Act is intended to do – unleash the economy and help our small businesses grow.
President Trump knows what tax reform means for hard-working Missourian and people across the country. It was my sincere honor to welcome President Trump to the St. Charles Convention Center where he spoke directly to Missourians about how tax reform will help families in our state and region keep more of their own money. And a system that is so easy that people will be able to file their taxes on a postcard eliminates the need to either pay someone else to crunch the numbers or spend hours wrestling with a computer program.
The President has been on the frontline calling for aggressive and meaningful changes to our nation’s tax code. The United States has massive economic potential just waiting to be unleashed. Instead of spending countless hours and millions of dollars figuring out how much money will be taken by the IRS, businesses small and large will be able to reinvest in their companies and put more people to work. Americans work too hard and produce too many great products to have our economy weighed down by outdated laws and elected officials who lack the courage to make tough decisions.
It was incredible to have President Trump visit the 3rd Congressional District during this historic time. I thank him for his leadership and look forward to continuing to work with him on solving the problems we face as a nation.Read More
U.S. Rep. Blaine Luetkemeyer (MO-03) issued the following statement after President Trump addressed Missourians in a speech at the St. Charles Convention Center.
“It was an honor having President Trump in Missouri’s 3rd District today,” Luetkemeyer said. “The President’s choice to come to St. Charles and speak directly with us about how tax reform will help families in our state keep more of their own money shows just how important our region is to the economic success of our country. I thank President Trump for his leadership and look forward to continuing to work with him on solving the problems we face as a nation.”
2440 Rayburn HOB
Washington, DC 20515
As the Congressman from the 3rd Congressional District of Missouri, Blaine is committed to representing the interests of the hard-working people by being a strong voice for them in Washington, D.C.
Blaine, 61, represents the 13 counties that make up the 3rd Congressional District of Missouri. Blaine, a native of St. Elizabeth, Mo., has lived in the district with his family for four generations and he operates a 160-acre farm there.
Along with his strong agriculture background, he was also a small businessman, having been in the banking and insurance business. Blaine has also served as a bank regulator for the state of Missouri earlier in his career. He was elected in November, 2008, succeeding fellow Republican Kenny Hulshof.
From 1999 to 2005, Blaine was a Missouri State Representative and served as Chairman of the Financial Services Committee and was elected by his colleagues to serve as the House Republican Caucus Chairman. After leaving office, Blaine was appointed by Gov. Matt Blunt to serve as the Director of the Missouri Division of Tourism.
Building on his experience as a bank examiner, small businessman and community banker, Blaine serves as vice chairman of the House Small Business Committee where he also serves on the House Small Business Subcommittees on Health and Technology and Agriculture, Energy and Trade. Blaine also serves on the House Financial Services Committee where he also serves on the panel’s Subcommittee on Financial Institutions and Consumer Credit Committee and is vice chairman of the Housing and Insurance Subcommittee.
Blaine is a member of the Knights of Columbus, Eldon Chamber of Commerce, Missouri Farm Bureau, National Rifle Association and a lifelong member of St. Lawrence Catholic Church. Blaine is a graduate of Lincoln University in Jefferson City, Mo., where he earned a degree with distinction in political science and a minor in business administration.
Blaine and his wife, Jackie, have three children, Trevor, Brandy and Nikki, and four grandchildren.
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Last night, the House of Representatives passed two bipartisan financial services bills that help protect consumers… https://t.co/wIvuDsGPoE
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Retweeted by repblainepress
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We have another busy week ahead. Our markup starts tomorrow at 10am ET - see the list of bills we'll be considering… https://t.co/uVSE4bMJVK