Today, Congressman Bill Huizenga, Chairman of the House Financial Services Subcommittee on Oversight and Investigations, grilled the former leaders of Silicon Valley Bank, Signature Bank, and First Republic Bank, all of which failed in the past 2 months.
During his questioning, Chairman Huizenga directly asked the former leaders if they take responsibility for the failure of their banks… Read more »
Last night, Congressman Bill Huizenga (MI-04) joined Bloomberg’s Balance of Power to discuss the state of play on the debt limit as well as the upcoming hearing in the Financial Services Committee regarding the collapse of Silicon Valley Bank and Signature Bank. Video of Congressman Huizenga’s interview is available by clicking on the image below.
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Last week, I had the pleasure of meeting with farmers in Berrien County. Our conversation largely revolved around how rising costs are impacting the ability of farmers to stay in business. The last thing our agriculture community needs – especially considering inflation and supply chain issues – is another price increase that makes it harder for them to help feed our nation. Sadly, the… Read more »
This week, Congressman Bill Huizenga (MI-04) joined a bipartisan effort calling on the Biden Administration to expand markets for Michigan blueberries and reduce barriers facing farmers who export the fruit. In a letter from members representing blueberry growing states, the lawmakers urge U.S. Trade Representative Katherine Tai to expand overseas sales of American grown blueberries by… Read more »
Today, Congressman Bill Huizenga (MI-04), Co-Chair of the Great Lakes Task Force, helped announce the relaunching of the bipartisan House PFAS Task Force for the 118th Congress. PFAS, often referred to as “forever chemicals,” poses serious dangers to human health and the environment. In recent years, communities in Michigan and across the nation have discovered PFAS contamination in soil,… Read more »
Yesterday, Congressman Bill Huizenga (MI-04) discussed the development of artificial intelligence (AI) and some of the challenges this poses for society as well as the need for policymakers to address concerns on the front end of development. Video of Congressman Huizenga’s conversation on the “Evening Edit” as well as text highlights are available below.
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Today, Congressman Bill Huizenga (R-MI) and a bipartisan group of Michigan representatives, released a letter to Secretary Alejandro Mayorkas in opposition to the Department of Homeland Security’s (DHS) proposed fee increases for small business employers. The rule, proposed by the Biden Administration in January, would raise the cost of the H-2A petition fee for named workers from $460 to… Read more »
Today, Congressman Bill Huizenga (MI-04), Chairman of the Oversight and Investigations Subcommittee for the House Committee on Financial Services, released the following statement on the Federal Reserve's SVB report.
"While this report by the Federal Reserve recognizes the clear failure of bank management to address risks created by rising interest rates, it falls short of fully… Read more »
Yesterday, the House Committee on Financial Services successfully advanced Congressman Huizenga’s legislation, the Accredited Investor Definition Review Act, with an overwhelmingly bipartisan vote of 41-2. The Accredited Investor Definition Review Act would modernize Securities Act of 1933 and the Dodd-Frank Wall Street Reform and Consumer Protection Act with respect to the definition of… Read more »
This week marks 100 days since I began serving Michigan’s 4th Congressional District. In this time, we’ve been very busy in the House – having passed more than 59 bills and held over 235 hearings in which Biden officials testified. From establishing a Select Committee on China to passing our top priority, the Lower Energy Costs Act, many big initiatives have been put into motion.
Tuesday… Read more »