House Republicans today expressed willingness to partner with Democrats in advancing legislation that would overturn a Supreme Court decision and help the SEC collect cash from wrongdoers. At a House Financial Services hearing today, Rep. Bill Huizenga (R-Mich.) said the SEC needs to be able recover ill-gotten gains and distribute those funds to harmed investors. "I am supportive in concept," Huiz... Read more »
In the 115th Congress, the U.S. House of Representatives unanimously passed HR 477, the Small Business Mergers, Acquisitions, Sales, and Brokerage Simplification Act with a 426 – 0 recorded vote; but it failed to become law because time ran out in the U.S. Senate at the end of 2018. Later in the session, Hensarling and Waters - again in bipartisan fashion - added HR 477 to the JOBS and Investor C... Read more »
Today, Congressman Bill Huizenga (MI-02) issued the following statement in response to the agreement made between the United States, Canada, and Mexico to lift tariffs on steel and aluminum. “The elimination of steel and aluminum tariffs between the U.S., Canada, and Mexico is welcome news and a very positive step that will have a significant impact on Michigan. As Chair of the Canada-United State... Read more »
Another federal bailout of top banks in the United States cannot be allowed to happen again, said U.S. Rep. Bill Huizenga (R-MI) during an April 10 U.S. House Financial Services Committee hearing. The hearing brought in the chief executive officers (CEOs) of seven of the nation’s largest financial institutions to answer tough questions that committee members asked on behalf of American consumers. ... Read more »
Congressman Bill Huizenga (MI-02), who serves as Ranking Member of the House Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets, questioned the CEO’s from Bank of America, JP Morgan Chase & Co, Citi Group, Bank of New York Mellon, Goldman Sachs, Morgan Stanley, and State Street Corporation about their capitalization, protecting taxpayers from another bailout, and what impac... Read more »
Washington — Michigan representatives were among the lawmakers who blasted Wells Fargo CEO Tim Sloan on Tuesday for the company's recent scandals and its response to them. Sloan told the House Financial Services Committee that the banking company has centralized its structure, beefed up its risk management profile and revised incentive pay for retail bankers that had led to previous bad behavior. ... Read more »
This evening, Congressman Bill Huizenga (MI-02) released the following statement regarding President Trump's State of the Union Address: "Tonight, the President gave a strong address outlining the strength of our economy, the need to secure our southern border, and promote a national culture that defends the unborn and respects life. I believe the President also laid out several areas where bipart... Read more »
3% Annual Growth Is Within Striking Distance Thanks to Tax and Regulatory Reform The Zeeland Record Bill Huizenga August 2nd 2018 Friday's chart topping announcement that the economy grew by 4.1% in the second quarter is significant and news that should be celebrated. It demonstrates that our economy is creating more opportunity and more jobs for hardworking families across Ottawa County and aroun... Read more »
Today, Capital Markets, Securities, and Investment Subcommittee Chairman Bill Huizenga (MI-02) released the following statement after the House passed S. 488, a bipartisan package of 32 bills, including 3 bills from Congressman Huizenga, to strengthen capital formation, improve opportunities for Main Street investors, and boost small business job creation. 24 bills included in this bipartisan pack... Read more »
Today, House Capital Markets, Securities, and Investment Subcommittee Chairman Bill Huizenga (MI-02) released the following statement after the House passed H.R. 6139, the Improving Investment Research for Small and Emerging Issuers Act. This bipartisan legislation, introduced by Congressman Huizenga, would improve initial public offering (IPO) research and help smaller businesses become publicly ... Read more »
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