releases: http://luetkemeyer.house.gov/news/documentsingle.aspx?DocumentID=399001

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Data license: MIT · Data source: dwillis/congress-press

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url	title	date	year	month	party	chamber	state	member_name	bioguide_id	domain	scraper	source	date_source	text	has_text	collected_at	updated_at
http://luetkemeyer.house.gov/news/documentsingle.aspx?DocumentID=399001	House of Representatives Passes Luetkemeyer's Bill to Promote Risk-Based Regulation for Banks	2017-12-19	2017	2017-12	Republican	House	MO	Blaine Luetkemeyer	L000569	luetkemeyer.house.gov			legacy	House of Representatives Passes Luetkemeyer's Bill to Promote Risk-Based Regulation for Banks f t # e Washington, December 19, 2017 U.S. Rep. Blaine Luetkemeyer (MO-03) issued the following statement after the House of Representatives passed his legislation, H.R. 3312, the Systemic Risk Designation Improvement Act. share: f t U.S. Rep. Blaine Luetkemeyer (MO-03) issued the following statement after the House of Representatives passed his legislation, H.R. 3312, the Systemic Risk Designation Improvement Act. Under the current regulatory framework for the designation of systemically important financial institutions, or SIFIs, risk is determined based solely on an institutions size. This approach fails to take into account many differences in business models or risks posed to the financial system. My legislation will remove the arbitrary approach taken and replace it with an analysis of the actual risk presented by a bank holding company to the financial system. It is time to take a pragmatic approach to the SIFI designation process and focus the Federal governments resources on legitimate threats to the U.S. financial system. I thank my colleagues for their bipartisan support of this important legislation and urge the Senate to move it quickly to the Presidents desk to be signed into law.	1	2026-03-30T12:14:52Z	2026-03-30T12:14:52Z