Today, Capital Markets Chairman Bill Huizenga (MI-02) released the following statement after the House passed House Joint Resolution 41, Rep Huizenga's legislation to reform a burdensome provision of Dodd-Frank and require the Securities and Exchange Commission (SEC) to rethink their approach to rulemaking:
"Last night's vote helps reset the regulatory process," said Capital Markets Subcommittee Chairman Bill Huizenga. "For too long, regulators have saddled U.S. companies with burdensome regulations putting them at a competitive disadvantage on the global stage. By sending the SEC back to the drawing board, Congress is demonstrating that it is serious about strengthening the economy, boosting private sector job creation, and helping American workers."
During the debate on H.J. Res. 41, Congressman Huizenga explained the core mission of the SEC and refuted false claims made about his legislation. To watch Rep Huizenga's speech, click play on the video below.
Recently, I had the opportunity to welcome Michigan WWII Veterans to the memorial built in their honor. It was incredible to hear the stories of these brave men who fought to preserve freedom. Thank you for your service and thank you to the volunteers who made the veterans' trip such a positive and moving experience.
This afternoon, I welcomed nearly 40 people from around the world as they became American citizens at the Loutit District Library in Grand Haven. Congratulations to each and every one of you on making this life changing decision!