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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 7, 2024
  • A new bill from House Financial Services Committee Democrats is expected to target crypto mixing services this week.

  • Legislation from the minority party is unlikely to move the needle in the waning months of the House's crypto negotiations, though its topic is at the center of discussions over illicit finance in the digital assets sector.

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 12, 2024

U.S. Rep. Bill Foster, D-Naperville, recently appointed to the Congressional AI Task Force, will talk about the myths and realities of artificial intelligence as one of the speakers at a TEDx Naperville Live event on Thursday, April 25.

Doors open at 4 p.m. at the Henry Schacht Theater, Nokia campus, 200 Lucent Lane, Naperville, with live speakers set to begin at 4:30 p.m. and selected TED Talks screenings presented from 5:30 to 7 p.m.

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.

April 9, 2024

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.”

April 2, 2024

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.

Issues:Labor Issues