On Wednesday, Congressman Bill Huizenga testified before the House Natural Resources Committee on his legislation to modernize the Endangered Species Act. Currently, no fee cap exists for litigation pertaining to the Endangered Species Act. Because of this, taxpayer dollars designated for species protection and restoration are being used to line the pockets of litigious trial attorneys and special interests. H.R. 3131, introduced by Congressman Huizenga, brings the hourly rate for awards of fees... Read more

Today, Capital Markets, Securities, and Investment Subcommittee Chairman Bill Huizenga led a hearing to examine the burden that federal corporate governance policies, particularly those stemming from Sarbanes-Oxley and the Dodd-Frank Act, place on public companies. The hearing also focused on ways to ease over-burdensome regulations so public companies can better facilitate capital formation and promote economic growth. “I find it extremely concerning that the number of publicly traded companies... Read more

Today, Congressman Bill Huizenga released the following statement after voting in support of the National Defense Authorization Act of Fiscal Year 2018 (NDAA) which passed the House with bipartisan support by a vote of 344 to 81. “This important legislation is a major step forward in restoring military readiness, enhancing cyberspace capabilities, and protecting American lives by strengthening our missile defense system. The NDAA also provides our troops with their largest pay increase in eight ... Read more

Today, House Financial Services Capital Markets, Securities, and Investment Subcommittee Chairman Bill Huizenga (R-MI) led a hearing to examine the impact of the Department of Labor’s fiduciary rule on the capital markets. The primary focus of the hearing was to discuss the unintended consequences of the fiduciary rule on the U.S. capital markets, the need for that rule to be delayed, and the need for the Securities and Exchange Commission (SEC) to act as the lead agency on this issue moving for... Read more

Today, Congressman Bill Huizenga (MI-02) issued the following statement after legislation meeting the next Harbor Maintenance Trust Fund (HMTF) benchmark was passed by the House Appropriations Committee. “This important legislation continues the bipartisan commitment to infrastructure and harbor dredging across the Great Lakes and along our nation’s shores by meeting the 74% funding target set for Fiscal Year 2018. It wasn’t long ago that our ports and navigation channels were maintained with ju... Read more

Today, Congressman Bill Huizenga (MI-02) issued the following statement after the House Appropriations Committee released legislation to fully fund the Great Lakes Restoration Initiative (GLRI): “The health and vitality of the Great Lakes are instrumental to sustaining economic growth in Michigan and across the entire Great Lakes region. By fully funding the Great Lakes Restoration Initiative at $300 million, the House of Representatives continues to make the preservation and health of the Great... Read more

The Capital Markets, Securities and Investment Subcommittee held a hearing today to examine the current state of the U.S. equity markets—specifically what is working well in today’s markets, as well as areas that need improvement or are impacting the optimal functioning of the markets. “The U.S. equity markets are widely recognized for being the deepest, most liquid, and most competitive markets in the world. However, it doesn’t mean that these markets are perfect and that there is no room for i... Read more

Today, House Great Lakes Task Force Co-Chair Bill Huizenga (R-MI) released the following statement after it was announced that Asian Carp had been discovered beyond the electric barrier and only nine miles from Lake Michigan. “The discovery of Asian Carp this close to Lake Michigan demonstrates how the window of opportunity to protect the Great Lakes is closing,” said Congressman Huizenga. “If Asian Carp are able to gain access and reproduce within the Great Lakes, the environmental and economic... Read more

Today, House Great Lakes Task Force Co-Chairs Bill Huizenga (R-MI) and Marcy Kaptur (D-OH) were joined by Senate Great Lakes Co-Chair Debbie Stabenow (D-MI) in leading the bipartisan introduction of the Stop Asian Carp Now Act. This legislation will compel to the Trump Administration to release the Brandon Road Study within seven days of the bill’s enactment. The Brandon Road Lock and Dam study will provide important guidance on how best to prevent Asian carp from entering the Great Lakes and is... Read more

Today, Congressman Bill Huizenga (MI-02) issued the following statement after the International Monetary Fund (IMF) announced it will not contribute funds to another Greek Bailout at this time: “While I am pleased the IMF will not be disbursing additional loans to Greece at this time, it is imperative the IMF bases its lending practices on principled and sound decision-making. A failure to do so will continue to leave the IMF open to future exploitation as a junior partner to the Eurozone’s bail... Read more