Press Releases
Washington, DC – Today, Congressman Bill Foster (D-IL-11) and Senator Jeff Merkley (D-OR) introduced the Investor Choice Act, legislation to prohibit pre-dispute mandatory, or “forced,” arbitration agreements and preserve customers’ ability to bring or join class action lawsuits in certain financial sectors.
Washington, DC — Today, Representatives Bill Foster (D-IL) and Brad Sherman (D-CA) led Members on the House Financial Services Committee in calling on the Chair of the U.S. Securities and Exchange Commission, Paul Atkins, to explain what oversight, guidance, and investor protections are in place as brokerage firms begin allowing AI agents to make autonomous trades on behalf of retail investors, and whether the agency has evaluated the risks these systems pose to market integrity and consumer protection.
Washington, DC — Today, Congressman Bill Foster (D-IL) introduced the Parent PLUS Loan Fairness and Responsibility Act. This legislation would allow students to take over the student debt incurred by their parents on their behalf, providing a sensible solution for parents facing multiple financial burdens.
Washington, DC – Today, Congressman Bill Foster (D-IL) issued the following statement after voting NO on Republicans’ reconciliation package:
Washington, DC — Today, Congressman Bill Foster (D-IL) introduced the Closing the Digital Divide for Students Act to expand broadband access for low-income families in HUD-assisted housing. This bill would allow families living in HUD-assisted housing, whose children qualify for free or reduced lunch, to use federal assistance on broadband internet access.
Washington, DC — Today, Congressman Bill Foster (D-IL) and Congresswoman Delia Ramirez (D-IL) introduced the Know Your Rights Act. The legislation would directly address due process violations that occur in immigration detention facilities.
Washington, DC – Today, Congressman Bill Foster (D-IL) introduced the bipartisan Nuclear Forensics Authority Realignment Act, alongside Congressman Joe Morelle (D-NY) and Congressman Scott DesJarlais (R-TN). This legislation would realign the National Technical Nuclear Forensics (NTNF) program from the Department of Homeland Security (DHS) to the National Nuclear Security Administration (NNSA).
Washington, DC—Today, Congressman Bill Foster (D-IL), the top Democrat on the House Financial Institutions Subcommittee, issued the following statement regarding Kevin Warsh taking over as Chair of the Federal Reserve:
“Today, Kevin Warsh takes over for Jerome Powell as Chair of the Federal Reserve. He has big shoes to fill.
Washington, DC – Today, Congressman Bill Foster (D-IL) announced the 20 Community Project Funding requests he submitted on behalf of Illinois’ 11th Congressional District for Fiscal Year 2027.
Community Project Funding allows Members of Congress to request direct funding for projects that benefit the communities they represent. These projects are restricted to a limited number of federal funding streams, and only state and local governments and eligible non-profit entities are permitted to receive funding.
Washington, DC – Today, Congressman Bill Foster (D-IL) introduced a resolution in support of the International Atomic Energy Agency's (IAEA) role in the promotion of nuclear security. The resolution reasserts the agency's position as an essential partner in ensuring international nuclear safety, and it encourages the United States to play an active role to prevent the spread of nuclear weapons.