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Washington, DC — Today, Representative Bill Foster (D-IL) led 21 Members of the House Financial Services Committee in calling on the Financial Stability Oversight Council (FSOC) to convene a working group of financial, technology, and economic experts to assess the vulnerability of the U.S. financial system to a potential sharp drop in the value of AI-related assets and infrastructure.
Washington, DC — Today, Representative Bill Foster (D-IL) issued the following statement after he voted to advance the release of the full Epstein files:
“Jeffrey Epstein's victims deserve justice, and the American public deserves the truth. No one, no matter how wealthy or powerful, is above the law. The heinous crimes committed by Jeffrey Epstein and his associates must be brought to light so that all involved can be held accountable.
Naperville officials are celebrating the completion of improvements to the Eagle Street gateway along the Riverwalk in the city’s downtown.
As part of the $3 million project, access between the Riverwalk and the lower walkway was improved with two grand staircases and a wheelchair-accessible ramp. It also added native plantings to help highlight the colorful Landforms sculpture.
The Association for Individual Development, Hesed House, and The Neighbor Project hosted a groundbreaking ceremony on Nov. 14 to celebrate the start of construction on new Permanent Supportive Housing in Aurora.
The event brought together community members, partners, and leaders from across local, county, state, and federal levels.
Officials at the Northern Illinois Food Bank in Geneva are expressing relief that the government shutdown has ended and funding for the essential SNAP food assistance program is secured for the next year or so.
But they also warn that daunting challenges remain, and that demand for their services is growing at a pace they say they will ultimately be unable to keep up with, as demand for food assistance remains “incredibly high.”
Rep. Bill Foster (D-Ill.) is leading an effort to ask the Financial Stability Oversight Council to weigh the financial risks of a speculative “bubble” around the artificial intelligence sector.
Foster told us this week he was growing “increasingly concerned about the collapse of the AI bubble.” The letter, Foster said, will ask FSOC to publish a report and convene a working group to study the phenomenon.
Washington, DC — Today, Representative Bill Foster (D-IL) led 25 colleagues in sending a bipartisan letter calling on the Department of Homeland Security (DHS) and U.S. Citizenship and Immigration Services (USCIS) to ensure that Ukrainians in the Uniting for Ukraine (U4U) program are not unfairly burdened by processing delays that trigger a new $1,000 fee.
Washington, DC – Today, Congressman Bill Foster (D-IL) issued the following statement:
“Tonight, I voted against the Senate government funding deal. Since open enrollment began, I’ve heard from countless constituents that their premiums are more than doubling next year—and many are not sure they will be able to afford health coverage at all. I cannot support a bill that leaves them behind.
Tina Ruiz isn’t sure how she will be able to pay bills and keep food on the table if Supplemental Nutrition Assistance Program benefits are not restored.
Ruiz, a Kane County resident, said she had received emails and letters about SNAP getting cut off and also saw it watching TV.
She said she Friday had not yet received November benefits – the same day the Supreme Court paused a lower court ruling ordering full funding of SNAP.
Tina Ruiz has been turning more to food pantries to provide food for her family recently. The 58-year-old Kane County resident is currently without access to SNAP.
She is eating more soup these days.
“Ramen noodles, things like that,” she said. “Things that the pantry gives us.”