Today, Monetary Policy and Trade Subcommittee Chairman Bill Huizenga (MI-02) held a hearing surrounding the unconventional monetary policies being employed by the Federal Reserve and how they are limiting economic growth and opportunity for generations of Americans. During his opening remarks, Congressman Huizenga brought to light how the current ad-hoc policymaking by the Fed is… Read more »
Today, Monetary Policy and Trade Subcommittee Chairman Bill Huizenga (MI-02) released the following statement on President Obama's inability to reach a solution with our European allies regarding the IMF and Greece's ongoing debt crisis:
"It is unfortunate that President Obama has failed to reach a deal with the Europeans to resolve Greece’s debt crisis. With Greek debt… Read more »
Today, the House passed H.R. 5711, legislation introduced by Congressman Bill Huizenga (MI-02) that would prohibit the U.S. Treasury Secretary from allowing any U.S. financial institution from financing the sale of aircraft to Iran. Additionally, this legislation would prevent the use of taxpayer dollars from being used to finance any sale through the Export-Import Bank either directly,… Read more »
On Friday, Congressman Huizenga participated in a Bring Back our Small Businesses event at New Holland Brewery's the Knickerbocker in Grand Rapids. The Job Creators Network hosted the event and invited Congressman Huizenga to speak along side local small business owners Ted Vaughn, who owns Tolman’s Wholesale Meats in Hudsonville, and Johnny Brann Jr., owner of Kitchen 67 and… Read more »
Today, Congressman Huizenga chaired a Monetary Policy and Trade subcommittee hearing that examined examine concerns with the work and transparency of the Financial Stability Board (FSB), an international organization largely controlled by European central bankers and financial regulators.
“It is very troubling that American regulators would relinquish any regulatory authority to… Read more »
Today, Monetary Policy & Trade Subcommittee Chairman Bill Huizenga (MI-02) released the following statement regarding yet another missed opportunity by the Federal Reserve to restore a market-based approach to monetary policy:
“While the majority of FOMC members yielded to the central planners in the Eccles Building, today’s vote showed decisive movement in support of returning to… Read more »
Last week, Congressman Huizenga published an op-ed on CNBC detailing how Democrats are utilizing an obscure section of Dodd-Frank to enact a hostile takeover of the Federal Reserve and negatively impact how our nation conducts monetary policy. Congressman Huizenga is the Chairman of the House Financial Services Subcommittee on Monetary Policy and Trade which is the committee of… Read more »
Today, Congressman Huizenga released the following statement regarding the deadly and tragic attack on an Orlando Night Club that killed nearly 50 people and left dozens injured:
"Whether it was radicalization or hate, the tragedy that unfolded in Orlando was an attack on our freedom," said Huizenga. "We must come together and reject terrorism as well as the hate… Read more »
Today, Monetary Policy and Trade Subcommittee Chairman Bill Huizenga (MI-02) released the following statement regarding the IMF's intention to once again bail out Greece:
"I am disappointed that the IMF has expressed its intention to bail out Greece once again. After repeated assurances from the Treasury Department that significant debt relief was non-negotiable, it is unfortunate… Read more »
Earlier this week, Congressman Huizenga held an informative Monetary Policy and Trade Subcommittee hearing on the topic of "the Fed" paying interest on reserves to banks. At the start of the hearing, Chairman Huizenga put Wall Street and the Federal Reserve on notice by making clear that as chair, it is his job to hold hearings, ask questions, and conduct… Read more »
