Today, Monetary Policy and Trade Subcommittee Chairman Bill Huizenga (MI-02) released the following statement after the Federal Reserve announced its decision to raise short-term interest rates:
"The normalization of rates is inevitable, however the Federal Reserve continues to slow walk the process by maintaining artificially low rates," said Huizenga. "Adopting a rules-based strategy for monetary policy would not only strengthen our economy but improve opportunity for millions of Americans. The ad-hoc approach currently being employed by the Fed continues to create uncertainty for consumers and investors alike which acts as an anchor on our economy. I am hopeful that with a Trump Administration soon in the White House, House-passed legislation such as the FORM Act and the Financial CHOICE Act will gain even greater traction as positive ways to improve our nation's monetary policy."
Please join me in wishing Herman Hackstock, a WWII veteran from Grand Haven, a very happy 100th Birthday! Thank you Today Show for helping celebrate Herman's service and centennial celebration!
In order for small business startups to succeed, they need access to capital and credit - the life-blood for growth, expansion, and job creation. The bipartisan #HALOSAct passed tonight by the House eliminates red tape and creates a better environment for small businesses to grow and flourish in Michigan and across the nation! See how it works HERE: http://huizenga.house.gov/news/documentsingle.aspx?DocumentID=398377
No state understands the pristine beauty and importance of the Great Lakes more than Michigan. I am honored to be elected to lead the fight to preserve and protect the Great Lakes while promoting economic growth across the region.
Tonight I have a blue light shining in my window to honor the men and women in law enforcement. Thank you to the officers, deputies, and law enforcement officials who work tirelessly and risk their lives to keep our neighborhoods and communities safe! #LawEnforcementAppreciationDay
I am excited and honored to announce that I will Chair the House Committee on Financial Services Capital Markets Subcommittee for the 115th Congress! Capital Markets has jurisdiction over an enormous amount of legislation impacting our economy. I want to thank Chairman Jeb Hensarling for this incredible opportunity, and I look forward to working to ensure all Americans have access to economic opportunity. To learn more about the Capital Markets Subcommittee click the link below!