Where Have All the Bankers (in Congress) Gone?

American Banker
Monday, January 8, 2024

"Another high-profile departure from the House Financial Services Committee underscores the fading power of first-hand banking expertise in Congress.

There's a dwindling number of bankers in Congress, a trend that could hurt policymaking on banking-focused committees, experts said. The upcoming retirement of Rep. Blaine Luetkemeyer, a former community banker in Missouri, leaves few senior Republicans with direct experience in the industry in high-profile positions on any banking-related committees in the House or Senate."