Huizenga Votes to Strengthen the Economy, Advance Financial CHOICE Act
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:
“For the last six years, Dodd-Frank has made it more difficult for hardworking Americans to secure a future for themselves and their children,” said Chairman Huizenga. “Today, House Republicans took an important step forward in the effort to reverse that trend and strengthen our economy by advancing the Financial CHOICE Act. The Financial CHOICE Act enacts pro-growth reforms that allow community banks and credit unions to better serve their customers and facilitate small business job creation, restores accountability to both Wall Street and Washington, and protects taxpayers from future taxpayer-funded bailouts by ending ‘too big to fail’ once and for all.
“Additionally, the Financial CHOICE Act takes crucial steps to modernize the Federal Reserve and make it more accountable and transparent to the American people. These important reforms include an audit of the Fed so policymakers and everyday Americans have a more informed understanding of how the Fed is impacting our economy. I look forward to continuing this important debate as the full House of Representatives considers this critical piece of legislation.”
To learn more about the Financial CHOICE Act, click here.