Representatives Bill Foster (D-IL) and Brad Sherman (D-CA) led Members on the House Financial Services Committee in calling on the chair of the U.S. Securities and Exchange Commission, Paul Atkins, to explain what oversight, guidance, and investor protections are in place as brokerage firms begin allowing AI agents to make
Congressman Bill Foster (D-IL) introduced the Parent PLUS Loan Fairness and Responsibility Act. This legislation would allow students to take over the student debt incurred by their parents on their behalf, providing a sensible solution for parents facing multiple financial burdens. This legislation would allow parents to transfer Parent PLUS
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. Each day, countless immigrants are placed into detention without full knowledge of why they’re there or what their rights are. The
Congressman Bill Foster (D-IL) issued the following statement after voting no on Republicans’ reconciliation package June 9: “Republicans’ latest budget is a continuation of their so-called ‘One Big Beautiful Bill.’ This legislation does nothing to ease the cost of living, lower health care expenses, or bring down gas prices. Instead,
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. Currently, families
Established by Members of the U.S. House of Representatives in 2013, the competition is a nationwide event that allows middle and high school students from across the country to compete by creating and exhibiting a software application, or “app,” for mobile, tablet, or computer devices on a platform of their
Congressman Bill Foster (D-IL) introduced a resolution in support of the International Atomic Energy Agency’s (IAEA) role in the promotion of nuclear security. The resolution reasserts the agency’s position as an essential partner in ensuring international nuclear safety, and it encourages the United States to play an active role to
Congressman Bill Foster (D-IL) introduced the Autofill Act. This legislation would create a voluntary tax filing program that allows individuals to use a secure IRS website to download a tax form automatically populated with information the IRS already collects from employers, the Social Security Administration, and financial institutions. The information
Congressman Bill Foster (D-IL) issued the following statement April 7: “The President of the United States openly threatening to wipe out an entire civilization is nauseating and un-American. A president’s words carry real consequences, and they should be used to de-escalate conflict, not push us closer to the brink. This
Congressman Bill Foster (D-IL) issued the following statement on the DHS Funding Vote: “As I have said throughout this DHS shutdown, I will vote no on any funding for ICE that does not include serious reforms. “After Operation Midway Blitz and the killing of two Americans in Minneapolis, it is
Congressman Bill Foster (D-IL) announced that 14 of the Community Project Funding requests he submitted on behalf of Illinois’ 11th Congressional District were funded for a total of $16,383,000. Project funding was included in the Fiscal Year 2026 appropriations packages signed into law by president Donald Trump. Community Project Funding
Congressman Bill Foster (D-IL) introduced the Medical Records Access Fairness Act, March 4, which would require health care providers to give patients access to their medical records at no cost at least once per year. Medical records fees that doctor’s offices charge patients can often be a financial burden. If
Congressman Bill Foster (D-IL) issued the following statement regarding U.S. and Israeli military strikes on Iran. “The Constitution is clear: the President does not have the authority to take the United States into sustained military conflict without Congressional authorization. If these strikes risk escalation into a broader war, Congress must
Congressman Bill Foster (D-IL) released the following statement after funding for the Department of Homeland Security (DHS) lapsed and the agency shut down: “(Donald) Trump and Kristi Noem’s DHS are out of control. From aggressive operations across Illinois to the killing of two U.S. citizens in Minneapolis, the path forward
Congressman Bill Foster (D-IL) issued the following statement on his vote in favor of the funding package that reopens the government, locks in Democratic wins in the budget, and provides a two-week window to negotiate meaningful changes to ICE: “(The) vote is a win for Democrats and for the people
February 2 U.S. congressmen Bill Foster (D-IL) and Pete Sessions (R-TX) announced the introduction of bipartisan legislation to strengthen America’s digital identity infrastructure and protect individuals, businesses, and government programs from rapidly rising identity fraud and theft. The Stop Identity Fraud and Identity Theft Act establishes a government-wide approach to
“…The House will be taking up the 2026 Homeland Security funding bill. After reviewing the text of the legislation, I will be voting no. “Last year, Republicans’ ‘Big Beautiful Bill’ increased ICE’s funding to exceed some countries’ military budgets. Since then, ICE operations have terrorized U.S. citizens and immigrants in
Congressman Bill Foster (D-IL) introduced the Enhancing Financial Stability Research and Oversight Act. The legislation would establish minimum budget and staffing levels for the Office of Financial Research (OFR) and the Financial Stability Oversight Council (FSOC), adjusted for inflation, to prevent misguided attempts to undermine our top financial stability watchdogs.
Congressman Bill Foster (D-IL), ranking member of the House Financial Services Subcommittee on Financial Institutions, issued the following statement: “Without a stable, responsible, and independent monetary policy, the United States risks losing the primacy of the U.S. dollar and becoming uninvestable. (Donald) Trump’s politically-driven ‘investigation’ of the Federal Reserve is
Congressman Bill Foster (D-IL) reintroduced the Payer State Transparency Act, December 16, to help shed light on the “Payer State” problem, wherein certain states, including Illinois, pay more in federal taxes than they get back in federal spending. According to data from the Internal Revenue Service and USASpending.gov, Illinois sent
