Financial Services Committee

Today, the U.S. House of Representatives passed H.R. 4790, the Prioritizing Economic Growth Over Woke Policies Act, by a vote of 215 to 203. H.R. 4790, introduced by Congressman Bill Huizenga (R-MI), is designed to make it easier for Americans to save for retirement, increase financial security, and strengthen U.S. capital markets. H.R. 4790 achieves this by preventing regulatory… Read more »

Today, Congressman Bill Huizenga (R-MI) challenged Treasury Secretary Janet Yellen on the Biden Administration’s handling of the dire situation in Burma. Specifically, Huizenga pressed Yellen about the Administration’s failure to enact tougher sanctions on the military junta in Burma who are using aircraft to commit genocide.  Last week, Huizenga announced the BRAVE Burma Act with… Read more »

Over the weekend, Iran launched a direct assault against Israel. I continue to stand with Israel, and completely condemn the actions of Iran.   Iran remains one of the most heavily sanctioned countries in the world. However, as recent as March 2024, the Biden Administration granted sanction waivers to Iran, potentially giving the regime access to billions of dollars. We… Read more »

Tonight, the U.S. House of Representatives passed H.R. 5921, legislation introduced by Congressman Bill Huizenga (R-MI) that is designed to hold Iran accountable as well as limit the Iranian regime’s ability to finance terrorism and attack Israel. Passage of this bipartisan bill follows Iran’s assault over the weekend on Israel, a key U.S. ally.  H.R. 5921, called the No U.S.… Read more »

Today, Congressman Bill Huizenga released the following statement after voting to strengthen border security, increase troop pay, and keep the government funded. “If Republicans would have stuck together at the start of this funding debate, I am convinced we would have secured a better agreement,” said Congressman Bill Huizenga. “Considering we are five months into the fiscal year, it… Read more »

Today, Congressman Bill Huizenga released the following statement after voting in support of legislation to prevent foreign adversaries from owning social media companies in the United States. This bipartisan legislation passed the House by a vote of 352 to 65. “The evidence is clear that in its current form, ByteDance, the Communist Chinese Party-controlled parent company of TikTok, is… Read more »

Today, Congressman Bill Huizenga, Congressman Brian Mast, Congressman Blaine Luetkemeyer, and Congressman Joe Wilson released a letter sent to Treasury Secretary Janet Yellen and Secretary of State Antony Blinken regarding the Biden Administration’s sanctions waiver allowing the transfer of Iranian funds from Iraq to Oman and other jurisdictions. Specifically, the Subcommittee Chairmen… Read more »

This afternoon, Congressman Bill Huizenga (R-MI), released the following statement after the Securities and Exchange Commission (SEC) issued its final rule to require climate-related risk disclosures. Today’s announcement on climate-related risk disclosures confirms one thing, the SEC’s destructive regulatory agenda continues to hit new lows. Investors should realize this overreach… Read more »

Over the past few weeks, I have been pressing to get answers about conditions at Harbor Towers, a senior living community located in Benton Harbor.  On January 11th, Housing and Urban Development (HUD) Secretary Marcia Fudge appeared before the House Financial Services Committee, where I am honored to serve as the Chairman of the Oversight and Investigations Subcommittee. During the… Read more »

Last week, the House Financial Services Oversight and Investigations Subcommittee, which I chair, held a hearing to discuss how the Securities and Exchange Commission’s (SEC) proposed climate disclosure rule would hurt farmers and small business owners while raising prices on consumers. I was honored to have my constituent, Bill Schultz, Vice President of Schultz Fruitridge Farms located… Read more »