Blaine Luetkemeyer: “I heard from many small business owners in rural Missouri which I represent with little or no access to high speed…”

I am an interesting guy to have on the committee here this morning because I was a sponsor, the Republican sponsor, of the Corporate Transparency Act.

In response to the outbreak of the Korean War in 1950, my fellow Missourian, President Harry Truman, signed a law intended to ensure that our nation would have sufficient industrial resources to meet our national security needs.

As much as I hate that bill and hate that rule, my intention on that was to make sure we minimize the effect of this bill or this rule because it originally was a horrendous thing.

I can tell you I was part of the group that put the PPP program together. And I can tell you I was very strenuous in my concerns about allowing the fintech companies in.