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Bill Huizenga: “The Enhancing Bank Resolution Participation act...seeks to…”

Featuring: Bill Huizenga, Republican | U.S. House Michigan, District 4

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'I've Seen It, I've Lived It': Bill Huizenga Demands Lower Regulatory Costs For Local Banks

Published | Video Starts at 00:59

I'm also pleased that this bill includes two of my bills. The FDIC Board Accountability act, which strengthens governance of the FDIC Board on behalf of smaller institutions. And The Enhancing Bank Resolution Participation act...seeks to bring more qualified bidders into failed bank resolutions. when disaster strikes. Better oversight and broader participation can protect depositors. It's going to promote competition. It reduces further concentration in the banking system. And I would think, Mr. Speaker, we would want that. (00:59–01:09)

CLAIM

Asserts that the Enhancing Bank Resolution Participation Act aims to involve more qualified bidders in failed bank resolutions.

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Bill Huizenga

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