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Washington, DC – Today, Congressman Bill Foster (D-IL) issued the following statement after voting NO on Republicans’ reconciliation package:
Illinois lawmakers Bill Foster and Delia Ramirez have introduced the Know Your Rights Act, aimed at improving legal protections for immigrants in U.S. detention facilities. The legislation would require the attorney general to implement legal orientation programs in detention centers and jails housing immigrants. These programs are designed to educate detainees about their legal rights, with information provided in English as well as the five most common languages spoken in each facility.
Federal prudential banking regulators from the Federal Reserve, OCC, FDIC and NCUA appeared before the U.S. House Financial Services Committee on Thursday. The hearing, “Oversight of Prudential Regulators,” examined recent rulemakings and activities, including the Basel capital proposal, novel bank charters and fraud. Here are some highlights from the hearing. For a full overview, click here.
Foster underscores risks of artificial intelligence on cyber, runs
Rep. Bill Foster, D-Ill., pressed officials on the cybersecurity risks posed by Anthropic's Mythos model, which he said has already identified more than 10,000 "high-and-critical level security flaws in otherwise trusted software."
Prudential bank regulators declined to share details about the use of Anthropic’s Mythos model among the country’s largest banks during an oversight hearing before the House Financial Services Committee Thursday morning.
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.