One thing that we have recommended in our report as a potential congressional action is that we really do away with confidentiality statements because this is at the heart of the problem.
Bill Foster
The Public Record
Bill Foster is an American businessman and politician currently serving as the U.S. Representative for Illinois's 11th congressional district, a position he has held since 2013. A member of the Democratic Party, Foster has focused on issues such as science, technology, and economic development during his tenure in Congress. He has a background in physics and has worked in the private sector, including founding a successful technology company.
How about the idea that the OFR or the various Federal financial regulators periodically stress-test certain non-bank markets, such as those for CLOs or complex asset-backed securities?
Should Congress consider legislation, such as the discussion draft that I am cosponsoring and intend to introduce, to ensure that the OFR has independent and sufficient funding to gather data on leveraged lending and CLO markets and other…
Do you agree that the Office of Financial Research needs to be well-funded to fulfill its purpose to collect and analyze information about opaque markets such as leveraged lending or CLOs?
Or we could just send--in the case of Asian carp, just send the bill for all of this to Arkansas, which, in their wisdom, introduced this into ponds that flooded.
It's now up to Congress to authorize funding for the Army Corps to go ahead with this plan.
I hope that my Republican and Democratic colleagues come together to vote for the WRDA bill to prevent this catastrophe.
Asian carp have already wreaked environmental havoc up and down the Mississippi River watershed.
I do echo Rodney's comments that cybersecurity is one area that keeps us up at night.
Have you started to think about resolution plans that may become necessary for giant tech firms as they play increasingly in banking?
I would like to raise the issue of the ongoing merger of banking and technology.
I'd like to talk a little bit about, you know, the way forward on this, you know, what additional facilities, you know, if you could, you know, ask for, you know, a doubling or tripling of the effort in this area, you know, what would be…
And it's one of the reasons I plan to reintroduce the BEST Act, the Better Energy Storage Technology Act, that expands grid storage R&D, as well as demonstration projects.
I plan to reintroduce the BEST Act, the Better Energy Storage Technology Act, that expands grid storage R&D.
One of the things that I think we're going to have to be working on in Congress is to make sure there's a long-term home for the funding here
I'd like to speak a little bit about the issue with the Jasons that I believe you're familiar with.
I grew up being driven around in a rusty Studebaker with one of these triangular Masonite signs with Bill Proxmire's name on it.
We have a responsibility to communities to keep them alive when there is no longer an economic reason for them to exist?
Do you view these as unimportant technologies? What is the motivation for shutting these down?
The bill would also prohibit public companies from inserting forced arbitration clauses in their company bylaws, which I believe is illegal already, but which could benefit from additional clarity.
Mr. Foster which would prohibit brokers and investment advisers from using forced arbitration clauses in their customer agreements.
A future where every spacefaring nation has a big inventory of weapons-grade material... is not a very safe space environment.





