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Jobs and the Economy

Hardworking Americans deserve an economy that works for them. A strong economy, good jobs, and worker protections have made the United States a prosperous country and have ensured that the next generation can build better lives. One of my key priorities is the future of work in a world where technology is rapidly changing. Congress needs to prepare now for the future changes in the economy and job growth. As a co-chair of the Future of Work Task Force of the New Democrat Coalition, I work closely with other members of Congress so that we can better understand how technology will alter our economy and what it means for future generations. I want all Americans to have a place in the economy of the future, and I strongly believe it is Congress’s responsibility to understand how technology will change the ways Americans work.

You can find out more on the future of work here.

My Work on Jobs and the Economy

Apr 2, 2020 Press Release

Washington, DC – This week, Congressman Bill Foster (D-IL), Congressman Ami Bera (D-CA), and Congressman Mo Brooks (R-AL) led a bipartisan letter to the Secretary of Health and Human Services (HHS) and the Director of the Biomedical Advanced Research and Development Authority (BARDA) in support of their efforts to encourage innovation in COVID-19 testing, and urging them to rapidly deploy COVID-19 antibody tests that have met accuracy and safety standards as rapidly and widely as possible.

Mar 27, 2020 Press Release

Washington, DC – Today, Congressman Bill Foster (D-IL) issued the following statement after the House of Representatives passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act:

“I traveled to Washington, D.C. today to help make sure this third coronavirus response package passed, and I am glad that Congress continues to enact strong, bipartisan relief measures to help the American people in the midst of this unprecedented crisis.

Mar 24, 2020 Press Release

Washington, DC – Today, Congressman Bill Foster (D-IL) and Congresswoman Marcy Kaptur (D-OH) led a letter to the nation’s nine federal student loan servicers urging them to apply emergency financial assistance measures announced by the Department of Education in the midst of the COVID-19 crisis to all of the loans they currently service. The letter was signed by 61 Members of Congress.

Mar 20, 2020 Press Release

Washington, DC – Today, Congressman Bill Foster (D-IL) issued the following statement in response to Governor Pritzker’s statewide “stay-at-home” order amid the COVID-19 pandemic:

Mar 14, 2020 Press Release

Washington, DC Tonight, Congressman Bill Foster (D-IL) issued the following statement after the U.S. House of Representatives passed the Families First Coronavirus Response Act in the midst of the COVID-19 pandemic:

“I voted for this legislation because our nation is facing a public health emergency and the government has a duty to do all that it can to support the well-being of the American people.

Feb 25, 2020 Press Release

Washington, DC – Today, Congressman Bill Foster (D-IL) introduced the Shareholder Political Transparency Act to shed light on corporate political spending by public companies and increase transparency to investors and the public. The bill would mandate public companies periodically share political spending information with their shareholders.

Feb 4, 2020 Press Release

Washington, DC – Tonight, Congressman Bill Foster (D-IL) issued the following statement in response to President Trump’s State of the Union address:

“As expected, President Trump continues to try and take credit for the Obama economic recovery. The fact is that both job growth and economic growth are slower under President Trump than under President Obama. Under Obama, the stock market tripled, and unemployment was cut in half – President Trump hasn’t come close to matching that record.

Dec 19, 2019 Press Release

Washington, DC – Today, Congressman Bill Foster (D-IL) issued the following statement in support of the updated United States-Mexico-Canada Agreement (USMCA):

Dec 6, 2019 Press Release

Washington, DC – Today, U.S. Rep. Bill Foster (D-IL) and U.S. Sen. Jeff Merkley (D-OR) introduced the Investor Choice Act, which would prohibit pre-dispute mandatory (or “forced”) arbitration agreements and ban prohibitions on class action lawsuits in customer contracts that investors often must enter into in order to receive services from broker-dealers or investment advisers.

Dec 2, 2019 In The News

Rep. Bill Foster (D-Ill.) will seek the House Financial Services subcommittee gavel overseeing capital markets, according to a letter obtained by POLITICO that’s heading to fellow members this afternoon.

Foster isn’t the first lawmaker to announce a run for the chair position that opened after Democrats selected New York Rep. Carolyn Maloney to head the House Oversight Committee following the death of Rep. Elijah Cummings (D-Md.). California Democrat Brad Sherman announced on Nov. 22 he would run for the subcommittee chair position.