In the News
Two House lawmakers asked SEC Chair Gary Gensler on April 9 for more information on how the Securities and Exchange Commission is monitoring the impact of investment-related misinformation on short-selling activity.
In their April 9 letter, first obtained by Politico, Reps. Bill Foster, D-Ill., and Blaine Luetkemeyer, R-Mo., who both serve on the House Financial Services Committee, raised concerns to Gensler about "assertions that some issuers have experienced falling stock prices due to market-moving information that was untrue.”
By early next summer, residents should be able to begin applying for the Taylor Place Apartments in McHenry, said Richard Koenig, director of the nonprofit Housing Opportunity Development Corporation.
In Black communities, people don’t go to the salon or barber shop only to have their hair done.
A wash, cut and blow dry for Black hair can take two hours, minimum, said Donna Lowe, owner of the Donna Lowe Salon in Algonquin. That is why she has worked to make her salon part of the larger community, giving members a place to meet and talk whether they get their hair styled and set at the time or not.
“Our salons are not just a place to get hair done. It is where community meets and talks. It is intergenerational conversations with organic discussions,” Lowe said.
U.S. Rep. Bill Foster, D-Naperville, announced that 14 projects in the 11th Congressional District are getting a total of $13.4 million in federal funds through the Community Project Funding, according to a news release from Foster’s office.
The 14 projects that received funding are:
Boone County
City of Belvidere Appleton Road Grade Separation
City of Belvidere
Amount funded: About $1.7 million
Congress is just starting to ramp up its efforts to regulate artificial intelligence, but one member says he first encountered the technology in the 1990s, when he used neural networks to study physics. Now, Rep. Bill Foster, D-Ill., is returning to AI as a member of the new bipartisan task force on artificial intelligence, led by Reps. Ted Lieu, D-Calif., and Jay Obernolte, R-Calif., which was announced by House leadership earlier this week.
Senate Majority Leader Chuck Schumer, D-N.Y., has convened high-profile forums on artificial intelligence for months. Now, the two leaders of the House are getting in on the action as lawmakers struggle to regulate the fast-moving technology.
U.S. Rep Bill Foster, D-Naperville, has announced that union president Matt Frantzen will be his guest at President Joe Biden’s State of the Union Address on March 7.
Frantzen is president of United Auto Workers Local 1268 in Belvidere and met with Biden during a visit to Belvidere last November to celebrate a planned reopening of the Belvidere Assembly Plant as part of a new labor contract. The UAW workers negotiated with Stellantis to revitalize the plant that was idled last February and laid off 1,200 workers.
The College of Healthcare Information Management Executives (CHIME) applauds the introduction of H.R. 7379, the Patient Matching and Transparency in Certified Health IT (MATCH IT) Act of 2024 by Representative Mike Kelly (R-PA) and Representative Bill Foster (D-IL) in the U.S. House of Representatives today. You can find the bill text here.
Bipartisan celebrations continue following the recent passage of a tax bill on Capitol Hill.
Looking closer to the Stateline area, local representatives Bill Foster (IL-11) and Darin LaHood (IL-16) highlight not only the bill's sprawling consensus, but the potential peek into "how Congress should work."