Steve Pearce

Steve Pearce

NEW MEXICO's 2nd DISTRICT

PEARCE LEADS HEARING ON SAFEGUARDING FINANCIAL SYSTEM

2017/04/27

Washington, DC (April 27, 2017) Congressman Steve Pearce today led the Subcommittee on Terrorism and Illicit Finance hearing on “Safeguarding the Financial System from Terrorist Financing.” The hearing included testimony from the Financial Crimes Enforcement Network (FinCEN) acting Director Jamal El-Hindi.

“Many of us today are fortunate enough to have access to a secure and modern form of storing our hard earned money. The reality, however, is that terrorists groups, cartels, and other criminal organizations around the world are capable of using the same means. From the most traditional forms of financial transactions, to the ever-evolving world of financial technology, it is essential that our nation has an effective, efficient, and modern set of rules and regulations to safeguard our nation’s financial system. Today’s hearing started the conversation about the rules and regulations we have in place to combat money-laundering, terrorist financing, and other illicit financing activities to better protect our children, families, communities, and nation.”

Background FinCEN was established by the U.S. Department of the Treasury in 1990 and was upgraded it to official Bureau status in 2002 with the passage of the PATRIOT Act. The Bureau acts as the United States’ financial intelligence unit (FUI) and is the primary regulator of the Bank Secrecy Act - our nation’s first and most comprehensive federal anti-money laundering statute. FinCEN’s mission is to Safeguard the financial system from illicit use and combat money laundering and promote national security through the collection, analysis, and dissemination of financial intelligence and strategic use of financial authorities.

Rep. Pearce was named the Chairman of the new House Subcommittee on Terrorism and Illicit Finance, formally established as a part of the House Financial Services Committee in the 115th Congress.

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PEARCE STATEMENT ON PRESIDENT TRUMP’S TAX REFORM PROPOSAL

2017/04/26

Washington, DC (April 26, 2017) Congressman Steve Pearce today released the following statement after President Trump released his plan to reform the tax code for Americans:

“Now more than ever, our nation needs comprehensive tax reform that offers simplicity for New Mexican families, opens up opportunities for businesses to flourish, and allows America to be more competitive in the global market. New Mexicans deserve a tax system that allows them to keep more of their hard-earned money. The plan announced today by the Trump Administration is a great first step towards achieving these goals. Many discussions and debates remain in Congress as we work to finalize a plan that encourages growth in America’s middle-class, attracts more businesses to enter the marketplace, and stimulates our economy on a federal and national level. I look forward to working with my colleagues in the House and with the Administration to ensure America’s tax code prioritizes the needs and priorities of New Mexicans.”

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PEARCE STATEMENT ON ANTIQUITIES ACT EXECUTIVE ORDER

2017/04/26

Washington, DC (April 26, 2017) Congressman Steve Pearce today released the following statement after President Trump signed the “Executive Order for a Review of Designations under the Antiquities Act”:

“The Obama Administration, and the Administrations before it, repeatedly abused the Antiquities Act by creating expansive national monuments that blatantly disregarded input from local communities and governments that are directly affected by these designations.  New Mexicans, and folks all across the nation, deserve to have access to federal lands for recreational use, hunting, grazing, and the economic opportunity that comes with it.  We all share the common goal of preserving the beauty of our lands for generations to come, but responsible conservation efforts must consider input from surrounding communities and the local economies that are affected.  I support today’s action to review our national monument designations and look forward to working with the Administration to ensure that the beauty of New Mexico is preserved.”

Background The Antiquities Act of 1906 gives the President authority to declare federal lands as national monuments.  Under the Antiquities Act, President Obama locked up more than 550 million acres, limiting access and use of these lands by the surrounding communities.  President Trump’s Executive Order authorizes the Department of the Interior to review national monuments that are larger than 100,000 acres or have been expanded without proper input from local communities, governments, and stakeholders affected by these designations.  The Order does not take away monument designations, nor does it relieve of any environmental regulations that are in place.

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PEARCE STATEMENT ON PRESIDENT’S COMMITMENT TO RURAL AMERICA

2017/04/26

Washington, DC (April 26, 2017) Congressman Steve Pearce released the following statement after President Trump signed the “Executive Order Promoting Agriculture and Rural Prosperity in America” yesterday:

“For years, the Obama Administration heavily restricted agricultural producers, putting financial hardships on the backs of farmers and ranchers, and limiting opportunity in rural America. Today’s action by President Trump reaffirms the Administration’s commitment to assisting rural communities and revitalizing agriculture,” stated Rep. Pearce. “This focus on rural development priorities will promote economic improvement and will increase the well-being of farmers and ranchers in New Mexico and across the country. I look forward to continuing my work with agriculture producers in New Mexico and the Administration, to promote job growth and broaden economic horizons in rural America.”

Background On April 25, 2017, President Trump signed the “Executive Order Promoting Agriculture and Rural Prosperity in America” which authorizes the Department of Agriculture to take 180 days to establish an Agriculture and Rural Task Force, with full authority to review rules and regulations in place that hinder rural development across the nation.

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PEARCE STATEMENT ON SECRETARY SONNY PERDUE’S CONFIRMATION

2017/04/25

Washington, DC (April 25, 2017) Congressman Steve Pearce released the following statement after former Georgia Governor George “Sonny” Perdue was sworn in as the new Secretary of the Department of Agriculture:

“I applaud the confirmation and swearing-in of Secretary Perdue. I’m confident his knowledge and experience of the agriculture industry will ensure the livelihoods of hardworking families and small businesses in New Mexico are protected. I look forward to working with Secretary Perdue to promote western priorities and provide greater opportunities for farmers and ranchers in New Mexico to strengthen our economy.”

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THE STATE OF NEW MEXICO MUST STAND FOR THE RULE OF LAW

2017/04/21

Albuquerque, NM (April 20, 2017) Congressman Steve Pearce today issued a statement after the office of New Mexico Attorney General Hector Balderas stated they are taking further action to look into the legal violations uncovered at the University of New Mexico (UNM):

“The State of New Mexico must stand for the rule of law. I am pleased the New Mexico Attorney General's office is actively reviewing the criminal referrals into the University of New Mexico and Southwestern Women’s Options' actions."

Background The House Select Investigative Panel on Infant Lives was tasked with discovering information on the medical practices of abortion service providers and procurement practices of organizations who sell baby body part across the nation.  Of the 15 criminal referrals, 2 of them were sent to the New Mexico Attorney General's Office.

The first criminal referral was sent to the New Mexico Attorney General Hector Balderas in June of 2016 after finding the University of New Mexico violated the Spradling Act – prohibiting the exchange of fetal parts produced through an induced abortion.  In December 2016, the Panel sent a second criminal referral after discovering more evidence that the Southwestern Women’s Options did not acquire proper consent by women prior to using their unborn infant tissue for UNM research.

On April 19, 2017, Congressman Steve Pearce (NM-02) attended a press with Congresswoman Marsha Blackburn (TN-07), Chairwoman of the House Select Investigative Panel on Infant Lives, New Mexico State Legislators and pro-life leaders in New Mexico on the House Select Panel’s findings of ethical and legal violations at UNM and SWWO.  The final report released by the House Select Investigative Panel on Infant Lives can be found here.

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PEARCE STANDS UP FOR RURAL COMMUNITIES ACCESS TO FINANCIAL PRODUCTS

2017/04/05

Washington, DC (April 5, 2017) Congressman Steve Pearce today questioned Consumer Financial Protection Bureau (CFPB) Director Cordray during the Director’s semi-annual appearance before the House Committee on Financial Services Committee.

“Access to financial products is an essential part of everyday life. Whether it’s for fixing a broken car part, buying a home, or paying for an unexpected emergency, Americans rely on having choice and options that fit their consumer needs. All too often, I hear from people in rural and underserved areas that are struggling to find access to financial products that larger, more urban communities have,” stated Rep. Pearce. “It’s obvious that places like Luna County, NM with 8 people per square mile have different consumer needs than places like New York City that have 69,000 people per square mile. With this in mind, CFPB continues to enact rules that only hurt rural New Mexico communities by chocking off their access to these essential financial products.”

“In most cases, private capital and big financial institutions don’t open small branches. For all these reasons, I have fought since the creation of the CFPB to get greater protections put in place for rural communities who have little to no access to options,” stated Rep. Pearce. “It is time to end the assault on rural and underserved American communities and put financial freedom and choice back in the hands of the consumers where it belongs.”

Watch Rep. Pearce’s questioning from today’s hearing below.

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PEARCE SENDS LETTER TO BLM FOR WITHHOLDING STATE FUNDS

2017/04/05

Washington, DC (April 5, 2017) Congressman Steve Pearce sent a letter to the Bureau of Land Management (BLM) after discovering they are being prohibited from delivering a $69 million payment to the State of New Mexico due to protests from extreme “environmental” groups.  In order for New Mexico to receive these funds in this fiscal year, BLM must resolve the two protests and sign an environmental analysis.

“New Mexico’s children, elderly, disabled, as well as our health and education programs are being held hostage by these professional lawyer activists groups.  Through no fault of its own, the BLM is forced to delay payment of these funds.  As a result, this will have a major impact on the stability and future of New Mexico’s budget," stated Rep. Pearce.  "We face difficult financial decisions as we near the end of the fiscal year, and need these funds for our schools, roads, hospitals, and other important infrastructure projects.  Without these funds, the State could potentially find itself in violation of the New Mexico State Constitution, which requires that the State end each fiscal year with a balanced budget. The result of this delay would mean additional cuts to the State budget that our communities would not benefit from.”

Background In September 2016, BLM made a $145.6 million oil and gas lease sale in Roswell, NM.  Rep. Pearce requests that BLM complete these protests as quickly as possible to ensure payment to New Mexico.

Read the full letter to BLM here.

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PEARCE HOLDS FIRST SUBCOMMITTEE HEARING

2017/04/04

Washington, DC (April 4, 2017) Congressman Steve Pearce, Chairman of the Subcommittee on Terrorism and Illicit Finance, and Congressman Andy Barr (KY-06), Chairman of the Subcommittee on Monetary Policy and Trade, held a joint hearing today on the effectiveness of non-nuclear sanctions against Iran. Rep. Pearce released the statement below following the hearing:

“Today’s joint subcommittee hearing began a much needed conversation to assess the current state of Iran’s non-nuclear sanctions. Despite our nation’s best efforts to cut off Iran’s funds and supplies, Iran has continued to grow as the global leader in terror financing and aid. This is one of many hearings to come for the Subcommittee on Terrorism and Illicit Finance, as we work to interrupt the financial support of national security threats. I thank Chairman Barr for holding this important hearing with me, and I look forward to continuing this conversation for the security and safety of American taxpayers.”

Rep. Pearce was named the Chairman of the new House Subcommittee on Terrorism and Illicit Finance, which was formally established as a part of the House Financial Services Committee in the 115th Congress.

Watch Rep. Pearce’s opening statement below

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PEARCE STATEMENT ON REPEAL OF ONRR RULE

2017/04/03

Washington, DC (April 3, 2017) Congressman Steve Pearce today released the following statement after the U.S. Department of the Interior announced a proposal to repeal the Consolidated Federal Oil & Gas and Federal & Indian Coal Valuation Reform Rule:

“The Office of Natural Resource Revenue (ONRR) valuation rule for coal, oil, and gas was a direct attack on the production of energy on federal lands. The valuation rule must be substantially changed or repealed to ensure taxpayers in New Mexico, and across the nation, are getting a fair return. Unchanged, the rule will make it more difficult to develop domestic energy resources, which reduces federal, state, and tribal royalty revenue and will take away good-paying jobs. I am pleased to see the Department of the Interior take action to allow for the affordable and reliable production of energy, so New Mexicans can have greater access to jobs and lower energy costs.”

According to the Department of the Interior’s announcement, “The repeal would provide certainty and clarity to the regulated community by continuing to require compliance with lawful, longstanding, and well-known procedures.”

Last week, Rep. Pearce led a letter with other House Members to the House Committee on Appropriations, urging the Department of the Interior to prohibit the implementation of the Federal Oil & Gas and Federal & Indian Coal Valuation Reform Rule. Read the full letter here.

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Financial Stability Oversight Council Hearing

2016-09-22 20:14:25


Floor Speech to push for passage of PROTECT Patrimony Resolution

2016-09-22 15:18:24


Natural Resources Committee hearing about management of wolves

2016-09-21 23:34:37


CSPAN Special Order on House Floor - on Amount of Government Owned Land

2016-09-08 17:48:38


Congressman Pearce Border Security Field Hearing (3)

2016-05-13 20:19:37


Rep Pearce Field Hearing Questions (2)

2016-05-13 20:10:10


Field Hearing on Border Security

2016-05-13 20:08:31


H R 2209 Floor Speech

2016-02-02 22:59:13


Speaking on the floor about H.R. 3700 the Housing Opportunity Through Modernization Act

2016-02-02 22:07:07


Our intern, Mary Beth's last day

2016-01-27 21:59:03


2016 March For Life Video

2016-01-21 23:37:23


Rep. Pearce on State of the Union

2016-01-13 18:41:35


PEARCE FLOOR STATEMENT IN SUPPORT OF THE TRIBAL LABOR SOVEREIGNTY ACT (HR 511)

2015-11-18 23:10:25


Stand with White Sands

2015-11-18 22:49:00


Rep. Steve Pearce reflects on Speaker vote for 114th Congress

2015-01-09 00:02:09


Terrorist Funding and the Islamic State hearing 11.13.14

2014-11-17 23:28:05


Rep. Steve Pearce (NM-02) "Why We Didn't Pass the Border Bill Today" 7.31.14

2014-08-01 00:05:04


H.R. 4315 In Support of The Endangered Species Transparency & Reasonableness Act

2014-07-29 22:55:24


July 24, 2014 Testimony to the Subcommittee on Public Lands and Environmental Regulation

2014-07-24 22:24:35


July 10, 2014 Testimony before the Subcommittee on Oversight and Management Efficiency

2014-07-11 16:03:11


Contact Information

2432 Rayburn HOB
Washington, DC 20515
Phone 202-225-2365
Fax 202-225-9599
pearce.house.gov

Steve Pearce was born in 1947 to a large working-class family.  He was raised in Hobbs, New Mexico, where his father worked as a roustabout, selling vegetables on the side of the road to make ends meet.  With six children to feed, times were often hard in the Pearce household, but his upbringing has made it easy for Steve to relate to the hardworking people of southern New Mexico.

Steve attended New Mexico public schools his entire life, and graduated with a bachelor’s degree in economics from New Mexico State University and an MBA  from Eastern New Mexico University.  During the Vietnam War, Steve served as a combat pilot, flying over 518 hours of combat flight and 77 hours of combat support.  He was awarded the Distinguished Flying Cross and two Air Medals, as well as seven other military medals and four exceptional service awards.  Steve continued service at Blytheville Air Force Base in Arkansas, and attained the rank of Captain.

In addition to his firsthand knowledge of the military and its importance to America, Steve is a respected small-businessman who thoroughly understands the economic issues facing our country.  He and his wife Cynthia long owned and operated Lea Fishing Tools, an oilfield services company in Hobbs.  Because of this role, Steve is well aware of the regulations and taxes that plague small-business owners, and wants to help get government out of the way of these hard-working Americans.  Having built his business from the ground up, Steve created 50 jobs in his community.  He is confident that small businesses throughout southern New Mexico form the backbone for job creation and economic growth.

In 1996, Steve was elected to the New Mexico House of Representatives, where he served until 2000.  During this time, he was elected as Caucus Chair and served on the Appropriations Committee.  He was widely recognized for his work in economic development, in which he applied the commonsense principles he had gained as a small-business owner.

In 2002, Steve was elected to the U.S. House of Representatives, where he served until 2009.  With the retirement of Senator Pete Domenici, many New Mexicans were concerned about the loss of a strong conservative voice representing New Mexico in the Senate.  Steve again answered the call to serve by leaving the House and running for U.S. Senate.  His bid was ultimately unsuccessful, but in 2009, amidst an economic crisis, the passage of the President’s healthcare bill, and expansion of government regulation, Steve decided to again run for Congress.  As he explained to friends and family, he made the tough decision because he was afraid for his country, and wanted to keep fighting for New Mexico.

Today, Steve continues a lifetime of service as New Mexico’s only conservative voice in Washington.  Steve was appointed by his peers to serve on the House Committee on Financial Services, and as chairman of the Congressional Western Caucus.  He continues his work making New Mexicans’ voices heard, helping to create jobs in southern New Mexico, and fighting for the liberty of all Americans.


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