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Huizenga Selected to lead Republican ESG Working Group

| Posted in Press Releases

Today, House Financial Services Committee Chairman, Patrick McHenry (R-NC), announced the formation of a Republican Working Group led by Oversight and Investigations Subcommittee Chairman Bill Huizenga (R-MI). The purpose of the working group is to combat the threat to our capital markets posed by those on the far-left pushing environmental, social, and governance (ESG)…

Bipartisan Huizenga, Vargas Credit Union Reform Legislation Passes U.S. House

| Posted in Press Releases

Last night, Congressman Bill Huizenga, Chairman of the Oversight and Investigations Subcommittee on the House Financial Services Committee, released the following statement after the House unanimously passed H.R. 582, the Credit Union Board Modernization Act. Introduced by Juan Vargas (D-CA), Congressman Huizenga was the lead Republican on this bipartisan bill.  The Credit Union…

Huizenga, Vargas Introduce Bipartisan Bill to Modernize CU Boards

| Posted in In The News

Reps. Juan Vargas (D-Calif.) and Bill Huizenga (R-Mich.) introduced bipartisan legislation Thursday to modify current federal requirements for federal credit union board meetings. The Credit Union Board Modernization Act, supported by NAFCU and CUNA, would alter requirements that credit union boards meet once each month to every other month. A similar bill was introduced last year by…

Weekly Column: STOVE Act & Chairing Financial Services Oversight

| Posted in In The News

There is an ever-present battle going on in Washington over the proper size, role, and scope of the federal government. We recently saw this struggle play out regarding gas stoves when Richard Trumka Jr., a commissioner on the Consumer Product Safety Commission, said “any option is on the table” including a potential ban on gas stoves.  If left unchecked, bad ideas from…

Huizenga Selected to Chair Oversight & Investigations Subcommittee on House Financial Services Committee

| Posted in Press Releases

Today, Congressman Bill Huizenga (MI-04) was named Chairman of the House Financial Services Oversight and Investigations Subcommittee. This Subcommittee will oversee all agencies, departments, programs and matters within the Financial Services Committee’s jurisdiction. Federal agencies under the purview of the Financial Service Committee include: The Securities and Exchange Commission…

Huizenga Votes to Create Select Committee on China, Rebuild American Supply Chains, Strengthen Michigan Manufacturing

| Posted in Press Releases

Today, Congressman Bill Huizenga (MI-04) released the following statement after voting in support of establishing a Select Committee on China in the U.S. House of Representatives:  “The challenges China poses cannot be understated,” said Congressman Bill Huizenga. “We all saw during the pandemic the cascading effects that relying on China for the essentials had on our economy.…

Huizenga Raises Questions on Timing of SBF Arrest, Discusses Collapse of FTX on Fox & Friends

| Posted in Press Releases

Yesterday, Congressman Bill Huizenga (R-MI), Ranking Member of the Investor Protection, Entrepreneurship, and Capital Markets Subcommittee appeared on Fox News’ Fox & Friends to discuss yesterday’s congressional hearing on the collapse of FTX.  Highlights and video of Congressman Huizenga’s remarks are included below. Click…

Huizenga Questions FTX CEO, Previous Behavior of SBF Before Collapse

| Posted in Press Releases

Today, Congressman Bill Huizenga (R-MI), questioned John Ray, CEO of FTX, about Sam Bankman-Fried’s unacceptable management practices. It appears SEC Chair Gary Gensler missed multiple red flags while trying to cut a deal with FTX. Congress must provide clarity and hold the SEC accountable. Rep. Huizenga's remarks and questions during the FTX House Financial Services Committee Hearing…

Huizenga, Barr Introduce Materiality Bill to Rein in SEC Rulemaking, Promote Capital Investment & Economic Growth

| Posted in Press Releases

Today, Congressman Bill Huizenga (R-MI), Ranking Member of the Investor Protection, Entrepreneurship, and Capital Markets Subcommittee and Congressman Andy Barr (R-KY), Ranking Member of Subcommittee on National Security, International Development, and Monetary Policy introduced the Mandatory Materiality Requirement Act of 2022. The Mandatory Materiality Requirement Act of 2022 would…

Huizenga Statement on FTX Collapse & Upcoming FSC Hearing

| Posted in Press Releases

Today, Congressman Bill Huizenga (R-MI), Ranking Member of the Investor Protection, Entrepreneurship, and Capital Markets Subcommittee released the following statement after it was announced the House Committee on Financial Services would hold a hearing on the collapse of FTX.   “I commend Ranking Member McHenry and Chairwoman Waters for working together to make this a bipartisan…

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