Rep. Foster Unveils Discussion Draft of Legislation to Modernize Financial Regulatory Reporting and Strengthen Oversight of the Financial System

Introduced discussion draft legislation to modernize financial regulatory reporting and strengthen cybersecurity.

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Fostering the Use of Technology to Uphold Regulatory Effectiveness in Supervision Act

Mr. Speaker, I thank Representative Stutzman for his partnership on this legislation and my colleagues on the House Financial Services Committee for their unanimous support of the bipartisan FUTURES Act. The FUTURES Act takes important first steps to modernize the financial regulatory regime and…

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Common Cents Act

Mr. Speaker, I have to say that I agree it makes perfect economic sense to retire the denomination of the penny and, in fact, reemploy the dollar coin in ordinary commerce. As a Representative of Illinois, I cannot but mention the fact that the loss of the image of Abraham Lincoln on coins we often…

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Foster Introduces Bipartisan Legislation to Expand Public Service Loan Forgiveness

Introduced bipartisan bill to expand Public Service Loan Forgiveness eligibility for federal student loan repayment plans.

“The rising cost of higher education is forcing more Americans to take on significant student debt. This financial burden can often discourage talented individuals from pursuing a career in public service”

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Rep. Foster Introduces Bill to Improve Financial Sector Security Amid Rising AI Risks

Introduced bill to strengthen financial sector oversight of AI-related technology risks.

“As AI makes cyberattacks more sophisticated, it is even more important to ensure that third-party vendors don’t become a weak link in our financial system”

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Celebrating the 25th Anniversary of Tri City Health Partnership

Mr. Speaker, I rise today to recognize Tri City Health Partnership as it celebrates its 25th anniversary of providing compassionate, high-quality health care to residents of Central Kane County. Since opening its doors in 2001, Tri City Health Partnership has played an indispensable role in our…

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Celebrating the 50th Anniversary of Vfw Post 5917

Mr. Speaker, I rise today to recognize the Bolingbrook Veterans of Foreign Wars Post 5917 as they celebrate their 50th anniversary, marking five decades of service, patriotism, and steadfast commitment to our Nation's veterans and the public. Under the leadership of Post Commander Greg Palmer and…

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Commemorating the International Day Against Nuclear Tests and the Closure of the Semipalatinsk Nuclear Test Site

Mr. Speaker, I rise today to mark the International Day Against Nuclear Tests. August 29, 2026, marks 35 years since Kazakhstan's historic decision to close the Semipalatinsk nuclear test site. In tribute to that decision, the United Nations General Assembly unanimously designated August 29 as the…

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Rep. Foster Leads Bipartisan Group to Demand Answers Regarding Insufficient USCIS Correspondence

Led bipartisan group demanding USCIS improve congressional casework correspondence quality.

“When inquiries are met with these inadequate responses—and there is no meaningful avenue for follow-up—that purpose is defeated.”

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Rep. Foster Leads 50 Colleagues in Urging Continued Funding for School and Library Broadband

Led 50 colleagues urging FCC to continue E-Rate broadband funding for schools and libraries.

“extraordinary success as the federal government’s largest education technology program.”

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Foster Introduces Bill to Curb Political Self-Branding on Federal Buildings and Programs

Introduced bill to prevent federal buildings and programs from being named after elected officials for 10 years after leaving office.

“At a time when public trust in government is under strain, Congress must ensure that public institutions serve the public—not the interests of any individual officeholder”

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Foster Introduces Legislation to Crack Down on “Notario” Fraud

Introduced bill to penalize notario fraud and help immigrants avoid fraudulent legal services.

“My office, like many other Members of Congress, has seen a large increase in people seeking assistance with their immigration cases in the wake of the Trump Administration’s attacks on immigrant communities”

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Foster Introduces Legislation to Improve Safety and Sustainability in the Battery Supply Chain

Introduced bill to establish Department of Energy testbed for safer battery materials processing.

“As our nation’s clean energy demands continue to grow, there’s more need than ever to safely process the critical materials that are used in electric car batteries, solar panels, and other electronics”

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Foster Introduces Two Bills to Help Americans Facing Opioid Use Disorder

Introduced two bills to expand opioid use disorder treatment access and evaluate treatment infrastructure.

“The opioid epidemic has devastated families and communities in Illinois and across the nation for far too long”

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Foster, Merkley Introduce Bicameral Investor Choice Act

Introduced bicameral bill to prohibit forced arbitration agreements in financial services.

“Individuals shouldn't need to surrender their legal rights because they choose to work with a financial advisor or broker-dealer to plan for their retirement and invest their hard-earned money”

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Foster, Sherman Seek Regulatory Clarity on Agentic AI Trading

Sent letter to SEC chair requesting regulatory clarity on autonomous AI trading by retail investors.

“It is essential that this technology be delivered in a manner that preserves the protections investors expect in regulated financial markets, and not as a tool to conceal conflicts of interest, evade broker-dealer responsibilities, manipulate markets, or provide unsound investment advice.”

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Foster Introduces Legislation to Reduce Student Loan Burden on Parents

Introduced legislation allowing students to assume Parent PLUS loan debt from parents.

“With rising tuition and the overall cost of living continuing to increase, families should have greater flexibility in deciding who assumes responsibility for Parent PLUS loan debt based on their financial situations”

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Foster Statement on Republican Reconciliation Package

Voted against Republican reconciliation package providing $70 billion to ICE and CBP.

“At the same time, this legislation fails to rein in the DOJ’s proposed $1.8 billion slush fund, which would give taxpayer-funded payouts to Trump’s family members, donors, and January 6 cop killers. This level of corruption cannot continue to go unchecked by Congressional Republicans.”

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Foster Introduces Legislation to Expand Broadband Access for Students

Introduced bill to expand broadband access for low-income students in HUD housing.

“As AI continues to reshape the future of the workforce, it is more important than ever for students to have access to reliable internet connectivity at home”

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Reps. Foster, Ramirez Introduce Legislation to Protect Due Process Rights for Immigrants

Introduced Know Your Rights Act to require legal orientation programs in immigration detention facilities.

“In Illinois, we witnessed chaos and fear rip through our communities as ICE carried out Operation Midway Blitz”

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Reps. Foster, Morelle, DesJarlais Lead Bipartisan Effort to Streamline Nuclear Technical Expertise, Bolster Nuclear Security

Introduced bipartisan bill to realign nuclear forensics program from DHS to NNSA for efficiency.

“As the conflict in Iran continues, Congress must take meaningful steps to strengthen our national security amid rising nuclear threats”

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Foster Statement on New Leadership at the Federal Reserve

Commented on Kevin Warsh becoming Federal Reserve Chair, emphasizing independence from political pressure.

“Having served on the Federal Reserve Board of Governors during the 2008 financial crisis, Warsh has experience navigating economic turmoil and should understand the importance of effective regulation. I look forward to working with Chair Warsh to maintain a Federal Reserve free from political influence.”

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Foster Requests Funding for 20 Community Projects Across 11th District

Announced 20 community project funding requests for Illinois 11th District in fiscal year 2027.

“From day one, it has been one of my top priorities to ensure the communities I represent receive their fair share of federal dollars”

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Foster Introduces Resolution to Promote Nuclear Security and the Work of the International Atomic Energy Agency

Introduced resolution supporting International Atomic Energy Agency's role in nuclear security and nonproliferation.

“As the only Ph.D. physicist in Congress, I am proud to introduce this resolution to reaffirm the US’s commitment to preventing nuclear proliferation”

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Foster Introduces Legislation to Simplify Tax Filing

Introduced the Autofill Act to simplify tax filing with IRS-populated forms.

“It's long past time to make the tax filing process more efficient and less expensive for the American people”

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