Financial Services Committee

On Monday afternoon, Congressman Huizenga held his first-ever live video town hall on Facebook. During the town hall, Rep. Huizenga took questions from West Michigan residents on the threats posed by ISIS, how Congress is addressing refugees from war torn regions in the Middle East, the negative impact of Dodd-Frank on West Michigan community banks, his legislation to make the… Read more »

Today, Monetary Policy & Trade Subcommittee Chairman Bill Huizenga released the following statement after the Federal Open Market Committee (FOMC) announced its decision to raise interest rates by a quarter of a percentage point: “For nearly a decade, the Federal Reserve has steered away from free-market principles and chosen to maintain artificially low interest rates,” said… Read more »

On Monday, Congressman Huizenga held his annual "Breakfast with Bill" legislative year in review at Evergreen Commons in Holland. The event was extremely well attended with approximately 500 people participating in the breakfast update. Congressman Huizenga discussed his legislative efforts on behalf of West Michigan to strengthen the Great Lakes Economy and support hardworking… Read more »

Yesterday, the  “Editor’s Note” in the Detroit News took an important “big picture” look at the harmful effects of Dodd-Frank on small towns across America. Congressman Huizenga and Republican members of the House Financial Services Committee have worked tirelessly to examine Dodd-Frank and detail how truly damaging this ill-conceived law is for consumers, small businesses, and… Read more »

Today, Monetary Policy and Trade Subcommittee Chairman Bill Huizenga (MI-02) released the following statement after the House of Representatives passed the FORM Act, legislation he authored to reform the Federal Reserve by restoring accountability, increasing transparency, and strengthening our nation’s monetary policy.  The FORM Act passed the House by a vote of 241 –… Read more »

House Subcommittee Testimony Calls Conflict Minerals Rule a Failure The Wall Street Journal's Emily Chasan reports: Rules regarding conflict minerals are “a failure,” according to a Tuesday hearing of the House Financial Services Monetary Policy and Trade Subcommittee. Under the rule, required by the Dodd-Frank Act of 2010, public companies are required to scour their supply chain for… Read more »

Today, Congressman Bill Huizenga released the following statement after voting against legislation that increases spending and fails to address our nation's budgetary concerns: “When will Washington wake up and realize that Americans across the country are tired of last minute deals that increase spending and fail to deliver fiscally responsible solutions? With our nation over $18… Read more »

Today, Monetary Policy & Trade Subcommittee Chairman Bill Huizenga (MI-02) and Congressman Bill Foster (IL-11) sent a letter to Speaker Boehner, Majority Leader McCarthy, Leader Pelosi, and Whip Hoyer calling on leaders in both parties to withhold consideration of any proposals to modify dividend payments on Federal Reserve stock until the Government Accountability Office (GAO) and… Read more »

Today, Congressman Bill Huizenga (MI-02) released the following statement after the House of Representatives passed H.R. 3457, the Justice for Victims of Iranian Terrorism Act. This legislation requires that American victims and their families affected by Iranian linked terror attacks are compensated before the Iranian regime receives any of the $150 billion in sanction relief contained… Read more »

Monetary Policy and Trade Subcommittee Chairman Bill Huizenga (MI-02) released the following statement after the Federal Open Market Committee (FOMC) announced it would not be raising interest rates at this time: “While it does not come as a surprise that the Federal Open Market Committee chose to delay the inevitable and maintain the artificially low interest rates, I hope this… Read more »