Financial Services Committee

On Tuesday, Congressman Bill Huizenga spoke on the House floor in support of repealing the anti-arbitration rule recently put forward by the Consumer Financial Protection Bureau (CFPB). Through the Congressional Review Act, the House voted to eliminate this onerous anti-consumer regulation by a vote of 231 to 190. This is the 16th time the House has utilized the Congressional Review Act… 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… 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… 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… 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… Read more »

Today, Congressman Bill Huizenga (MI-02) issued the following statement after voting in support of the Financial CHOICE Act: “Dodd-Frank has made it more difficult for hardworking Americans to secure a future for themselves and their children by denying them the economic recovery they deserve. The Financial CHOICE Act enacts commonsense reforms that reduce the federal deficit by $34… Read more »

Yesterday, Congressman Bill Huizenga (MI-02), Chairman of the House Financial Services Subcommittee on Capital Markets, Securities and Investment, released the following statement after the House Financial Services Committee voted to advance the Financial CHOICE Act, legislation to end bank bailouts, strengthen our economy, and restore accountability to Washington and Wall Street: … Read more »

The economic downturn in 2008 cost Michiganians their jobs, families their savings, and some even their homes. In response to this seismic event, Democrats in Congress passed and President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law. According to its supporters, Dodd-Frank was a panacea of regulatory solutions that would end “too big to fail” and… Read more »

The economic downturn in 2008 caused Michiganders to lose their jobs, families to lose their savings, and some even to lose their homes. In response to this seismic event, Democrats in Congress passed and President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act into law. According to its supporters, Dodd-Frank was a panacea of regulatory solutions that would… Read more »

Today, Congressman Bill Huizenga announced that the next stop on his listening tour will take place on Tuesday, April 11th in Wyoming. The town hall style listening session will be held in the auditorium of Godwin Heights High School and begin at 7 PM. This event is open to all residents of Michigan’s Second Congressional District. Media is asked to RSVP with the Congressman's… Read more »