Washington, July 21 -- Congressman Bill Huizenga issued the following press release:
Tonight, Congressman Bill Huizenga (R-MI), Vice Chairman of the House Financial Services Committee, released the following statement after the U.S. House of Representatives passed H.R. 6955, the Main Street Capital Access Act. This legislation is designed to strengthen community banks, expand access to credit, and end debanking. Importantly, this bipartisan bill includes two measures authored by Huizenga that strengthen oversight and promote greater competition within the banking system.
"Washington should not be making life more expensive for Americans with needless red tape," said Congressman Bill Huizenga. "Less competition means fewer financing option...