On Saturday, September 17th, Missouri Congressman Blaine Luetkemeyer (R-03) addressed a general session of community bankers during CBAI’s 42nd Annual Convention in Kansas City. The Congressman is a former bank examiner, community banker, small business owner, and currently operates a 160 acre farm. He was first elected to Congress in November of 2008 and serves on the U.S. House Financial Services Committee, and is its Housing and Insurance Subcommittee Chairman, as well as serving as the Vice Chairman of the U.S. House Small Business Committee.
Congressman Luetkemeyer is an outspoken champion of community banks. A strong advocate for tiered regulation, he is the sponsor of the CLEAR Act (H.R. 1233) which contains many regulatory relief provisions from the ICBA’s Plan for Prosperity. He has also sponsored legislation in the 114th Congress to eliminate redundant privacy notices (H.R. 601), withdraw the Federal Housing Finance Agency’s harmful proposal to restrict membership in Federal Home Loan Banks (H.R. 3808), and prohibit the regulators from implementing “Operation Choke Point” (H.R. 766). Congressman Luetkemeyer discussed the prospects for enacting regulatory relief legislation after the November election and during the next session of Congress in 2017.
The Congressman also responded to questions and concerns relating to the general election, legislative gridlock, the pace and scope of additional regulatory relief for community banks, and the importance of community banker advocacy efforts in the legislative and regulatory process.
CBAI thanks Congressman Luetkemeyer for taking the time to address Illinois community bankers at Convention.
September 17, 2016