The U.S. House passed Rep. Foster's bipartisan FSOC Improvement Act, enhancing the Financial Stability Oversight Council's threat response.
Quiver AI Summary
Legislation Overview: The U.S. House of Representatives has approved Rep. Bill Foster’s bipartisan FSOC Improvement Act aimed at enhancing the Financial Stability Oversight Council's (FSOC) ability to respond to financial threats. The Act seeks to clarify procedures for determining if a financial firm is systemically important, potentially streamlining regulatory actions.
Key Provisions: The legislation mandates that the FSOC coordinate with firms and their primary regulators before designating them as Systemically Important Financial Institutions (SIFIs). This is intended to facilitate prompt risk mitigation efforts rather than relying solely on lengthy designation processes.
Supporting Statements: Rep. Foster expressed that the FSOC has faced challenges in assessing firms' risk levels and emphasized the need for a more consistent and effective approach to financial oversight. The bill, which has received bipartisan support from various representatives, will now proceed to the Senate for further consideration.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Bill Foster Fundraising
Bill Foster recently disclosed $318.9K of fundraising in a Q4 FEC disclosure filed on January 30th, 2026. This was the 308th most from all Q4 reports we have seen this year. 51.6% came from individual donors.
Foster disclosed $198.1K of spending. This was the 375th most from all Q4 reports we have seen from politicians so far this year.
Foster disclosed $2.2M of cash on hand at the end of the filing period. This was the 193rd most from all Q4 reports we have seen this year.
You can see the disclosure here, or track Bill Foster's fundraising on Quiver Quantitative.
Bill Foster Net Worth
Quiver Quantitative estimates that Bill Foster is worth $20.3M, as of February 9th, 2026. This is the 65th highest net worth in Congress, per our live estimates.
Foster has approximately $10.1M invested in publicly traded assets which Quiver is able to track live.
You can track Bill Foster's net worth on Quiver Quantitative's politician page for Foster.
Bill Foster Bill Proposals
Here are some bills which have recently been proposed by Bill Foster:
- H.R.7326: To direct the Secretary of Housing and Urban Development to conduct a grant competition for the development of single- and multi-family homes, and for other purposes.
- H.R.7132: Enhancing Financial Stability Research and Oversight Act
- H.R.6741: Payer State Transparency Act of 2025
- H.R.6686: No Cost Educational Resources Act of 2025
- H.R.6571: REAL Act
- H.R.4496: Restore and Modernize Our National Laboratories Act of 2025
You can track bills proposed by Bill Foster on Quiver Quantitative's politician page for Foster.
2026 Illinois's 11th Congressional District Election
There has been approximately $4,584,747 of spending in Illinois's 11th congressional district elections over the last two years, per our estimates.
Approximately $262,563 of this has been from outside spending by PACs and Super PACs. Some of the groups who are spending money in this race include:
- PROJECT 218 ($124,610)
- DMFI PAC ($81,702)
- ADVANCE LIBERTY PAC ($56,200)
The rating for this race is currently "Solid D".
You can track this election on our matchup page for the 2026 Illinois's 11th congressional district election.
