Luetkemeyer: High Inflation is not the New Normal Despite Democrat Spin

WASHINGTON, D.C. – Today, Ranking Member Blaine Luetkemeyer (R-MO) issued the following statement on the latest Consumer Price Index (CPI) report. “Inflation remains at the top of every American’s mind and a major problem for Main Street businesses. The Biden Administration continues their disinformation spin campaign to convince the American people that this is the new normal. It isn’t. 7.7% year over year inflation is not normal. Elevated shelter, food, and energy costs are not normal, nor sustainable. Gaslighting the American people will not... [...]

Luetkemeyer: SBA Lacks Infrastructure and Expertise to Expand Number of Small Business Lending Companies

WASHINGTON, D.C. – Today, Ranking Member Blaine Luetkemeyer (R-MO) issued the following statement on the Small Business Administration’s decision to lift the moratorium on Small Business Lending Companies (SBLCs). “The SBA has proven time and again to be ineffective and mismanaged. They lack both the infrastructure and expertise to be the only regulator overseeing lenders. Lifting the Small Business Lending Company (SBLC) moratorium, which has been in place since the early 1980s without acknowledging their oversight and regulatory deficiencies ... [...]

National Veteran Small Business Week Celebrates Veteran Entrepreneurs

WASHINGTON, D.C. – Today, Ranking Member Blaine Luetkemeyer (R-MO) along with other Republicans of the House Committee on Small Business released the following statements on the closing of the National Veteran Small Business Week. “Veterans served our country valiantly and continue to serve our communities by providing jobs, unique skills, goods, and services. As entrepreneurs, these Americans enrich our economy and communities. We are forever indebted to our veterans and grateful for their service. I will continue to advocate for veteran-owned... [...]

Small Business Republicans Continue Oversight of the Biden Administration’s Regulatory Attack on the Nation’s Smallest of Businesses

WASHINGTON, D.C. – Today, Ranking Member Blaine Luetkemeyer (R-MO), along with Republican Members of the House Committee on Small Business, issued the following statements on letters penned to federal agencies regarding the Biden Administration implementation of the Regulatory Flexibility Act (RFA), Small Business Regulatory Enforcement Fairness Act (SBREFA), and Executive Order 13272 as part of the Committee’s ongoing work to conduct oversight of small business concerns: “As Ranking Member of the House Committee on Small Business, it is my res... [...]

Luetkemeyer: Democrats Have No Real Plan to Address Inflation Crisis

WASHINGTON, D.C. – Today, Ranking Member Blaine Luetkemeyer (R-MO) issued the following statement on the latest Consumer Price Index (CPI) report: “Despite the Biden Administration and Congressional Democrats touting their so-called ‘Inflation Reduction Act,’ inflation continues its rampage on the American economy. The 8.2% year-over-year reading and a monthly increase of 0.4% is disastrously high and should be a red flag to every American. It is clear to me and to the American people the Democrats have no plan to address this crisis,” said Ran... [...]