Media
Latest News
Washington, D.C. – Today, the U.S. House of Representatives voted to pass a bill to designate the U.S. Post Office facility located in Elwood, Illinois, as the Lawrence M. "Larry" Walsh Sr. Post Office Building. The bill was introduced by Congressman Bill Foster (D-IL).
Self-hosted crypto wallets remain solidly on the radar of US anti-money-laundering regulators.
On April 28, Himamauli Das, acting director of the Treasury's Financial Crimes Enforcement Network, appeared before the House Financial Services Committee to testify on the state of FinCEN."
As has been the case in most finance hearings of the past two months, concerns about the sanctions regime against Russia were central to the conversation. Crypto has never been far from these discussions.
To celebrate Earth Day, the Morton Arboretum kicked off its initiative to plant 3,000 trees throughout the Chicago region. Friday's launch, which included remarks by by Rep. Sean Casten and Rep. Bill Foster, marked the start of the arboretum's Centennial Tree Planting Initiative.
Arboretum President and CEO Gerard T. Donnelly presented the first of the thousands of trees to be planted: a linden tree. Less common to the Chicago area, the linden is one of 20 different types of trees that will be planted through May 2023.
Electric vehicles are becoming increasingly more popular in the United States at a time when lawmakers acknowledge the country should make better investments in battery technology and its supply chain.
On Thursday, Rep. Bill Foster (D-Illinois) led a field hearing in suburban Woodridge to discuss the expected surge in demand for electric vehicle batteries over the next decade, while considering the implications for the metals required in EV battery manufacturing.
The U.S. needs to create a "road map" to the batteries of the future even as it solves existing supply chain issues, experts told a House panel on Thursday.
President Biden has pushed domestic automakers to electrify their vehicle fleets, a goal that in the short term will require securing supply chains for critical minerals like lithium and cobalt that are used in lithium-ion batteries, experts say.
U.S. policy on alternative fuel vehicles is at a turning point in the transition away from gasoline-powered engines, according to witnesses at a congressional hearing Thursday.
Delays in securing the metals and minerals to manufacture rechargeable electric motors are likely to mean China jumps in to take over the market, they said.
"We have a once-in-a-lifetime opportunity" to discover and develop new electric vehicle technologies, said Venkat Srinivasan, a director of energy storage science at the Argonne National Laboratory.
While the fate of a bill to make daylight saving time permanent remains unclear, one suburban Congressman is asking his constituents what they think of the measure.
Rep. Bill Foster, whose 11th District includes portions of Aurora, Naperville and Joliet, sent out an email to constituents this weekend asking their opinion on the idea of putting the United States into daylight saving time permanently.
Washington, D.C. – Today, Congressman Bill Foster (D-IL) released the following statement after he was named to the Conference Committee for the America COMPETES Act:
Washington, D.C. – Today, Congressman Bill Foster (D-IL) voted to give urgently needed relief to small businesses across Illinois. The Relief for Restaurants & Other Hard Hit Small Businesses Act will deliver $55 billion to replenish funding for restaurants across the country, including in Illinois, and establish a new program supporting other small businesses impacted by the pandemic.
Washington, D.C. – Today, Congressman Bill Foster (D-IL) introduced the Medical Records Access Fairness Act, which would require health care providers to give patients access to their medical records at no cost at least once per year. According to the nonpartisan Government Accountability Office, the medical records fees that doctor offices charge patients can be a financial burden; if a patient is unable to afford the cost, it can delay or prevent their doctors from coordinating on their care, or even prevent them from getting needed care at all.