In the News
BELVIDERE — A federal deal to raise the debt ceiling will have a trickle down effect to the Stateline area.
Prior to the deal coming to the house floor for a final vote, lawmakers had to approve a "rule" which essentially means a deal and parameters to bring an item to the floor for a vote. The vote for that rule is where Republicans hit a snag.
The House adopted a rule for floor debate on the debt ceiling and spending curbs package after Democrats flooded in to keep the measure on track at the last minute.
The rule vote sets up the bill to pass Wednesday night as Congress faces a June 5 deadline to lift the nation's $31.4 trillion borrowing cap. Republican leaders ultimately lost 29 of their members on the procedural vote and the rule looked set to go down as the gavel was about to fall.
The American Bankers Association sent a letter today to Reps.
BOLINGBROOK, IL – Pace was thrilled to welcome Congressman Bill Foster, Will County Executive Jennifer Bertino-Tarrant, and Mayor Mary Alexander-Basta to celebrate Community Project Funding secured by the Congressman to create a passenger waiting area at the agency’s Old Chicago (Bolingbrook) Park-n-Ride, offering riders a more comfortable place to wait for the bus.
Members of Congress who represent parts of Lake County — three of the four are new since January — are making their services more accessible with help from a variety of cooperative organizations and the internet.
Along with his Lincolnshire district office, U.S. Rep. Brad Schneider, D-Highland Park, has weekly office hours in Waukegan and Round Lake Park, as well as multiple dates set aside in three other parts of the county from Deerfield to Zion to Fox Lake.
A Democratic representative laid into witnesses during Wednesday’s joint hearing on crypto regulation, arguing that there is no way to effectively regulate crypto markets when they are subject to such “massive market manipulation.”
House Financial Services Committee member Bill Foster, D-Illi., argued that wash trading cannot be controlled without establishing federally-regulated “traceable digital identities” for all wallets and users.
Last week, Congressman Bill Foster (IL-11) joined leaders from the Grand Prairie Water Commission (GPWC) to announce $3.45 million in federal funding, which will help the Commission bring an alternative water source to the region. Foster requested and secured the funds as Community Project Funding in the federal spending bill for Fiscal Year 2023. The funding will be used for infrastructure development costs as the commission, currently in formation, undertakes the work necessary to use Lake Michigan as its new water source.
New legislation would allow 403(b) plans to invest in collective investment trusts (CITs) and unregistered insurance company separate accounts.
H.R. 3063, the Retirement Fairness for Charities and Educational Institutions Act of 2023, has four primary sponsors: Rep. Frank Lucas, R-Okla.; Rep. Andy Barr, R-Ky.; Rep. Bill Foster, D-Ill., and Rep. Josh Gottheimer, D-N.J.
Aurora University received $955,000 in federal funding to create an Emerging Technologies Learning Lab that will bring to life new learning experiences for students across all disciplines.
The funds, which were secured with the assistance of U.S. Congressman Bill Foster, will be used to purchase new technology and equipment to enhance experiential learning opportunities for students and better prepare them for the workforce.
On April 13, Fermi National Accelerator Laboratory celebrated three important construction milestones designed to increase the lab’s research efficiencies and capabilities and continue progress on the international Deep Underground Neutrino Experiment.