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Press Releases

June 14, 2024

Washington, DC – Today, Congressman Bill Foster (D-IL), Ranking Member of the House Financial Services Subcommittee on Financial Institutions and Monetary Policy, issued the following statement after President Biden nominated Christy Goldsmith Romero to be Chair of the Board of Directors of the Federal Deposit Insurance Corporation (FDIC):

June 3, 2024

Washington, DC – Today, Congressman Bill Foster (D-IL) issued the following statement:

May 23, 2024

Washington, DC – Today, Congressman Bill Foster (D-IL) introduced the Designing Accounting Safeguards to Help Broaden Oversight and Regulations on Data (DASHBOARD) Act. This legislation would require data harvesting companies like social media platforms to tell consumers and financial regulators exactly what data they are collecting from customers and how it is being leveraged for profit.

May 22, 2024

Washington, DC – Today, Congressman Bill Foster (D-IL) announced his support for 15 community projects in Illinois’ 11th Congressional District as part of the House Appropriations Committee's Community Project Funding (CPF) program. The projects listed have been submitted to the House Appropriations Committee for consideration as part of the FY 2025 government spending bills. 

May 7, 2024

Washington, DC – Today, Congressman Bill Foster (D-IL), Ranking Member of the House Financial Services Subcommittee on Financial Institutions and Monetary Policy, issued the following statement after the law firm Cleary Gottlieb Steen & Hamilton released the findings from thei

May 2, 2024

Aurora, IL – Today, Congressman Bill Foster (IL-11) and Senators Dick Durbin (D-IL) and Tammy Duckworth (D-IL) announced a $1,499,110 grant for the Quad County Urban League as part of the Department of Labor’s YouthBuild Program, a community-based pre-apprenticeship program that provides job training and educational services for 16 to 24 yea

April 24, 2024

Washington, D.C. - Today, Congressman Bill Foster (D-IL) issued the following statement after his legislation to institute U.S. sanctions on any financial institution that helps facilitate the sale of Iranian-built drones, or “unmanned aerial vehicles” (UAVs), was signed into law as part of the $95.3 billion foreign aid package:

April 20, 2024

Washington, DC - Today, Congressman Bill Foster (D-IL) issued the following statement after the U.S. House of Representatives passed a $95.3 billion foreign aid package that includes assistance for Ukraine, Israel and Gaza, and Taiwan: 

April 15, 2024

Washington, D.C. - Tonight, an amendment offered by Congressman Bill Foster (D-IL) to institute U.S. sanctions on any financial institution that helps facilitate the sale of Iranian-built drones, or “unmanned aerial vehicles” (UAVs), passed the House as part of the Iran-China Energy Sanctions Act.

April 11, 2024

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.