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July 22, 2025
— The House Committee on Financial Services voted to approve the Developing and Empowering our Aspiring Leaders (DEAL) Act, bipartisan legislation led by Democratic Congressman Sean Casten (IL-06) and Republican Congresswoman Ann Wagner (MO-02) that would support innovation, entrepreneurship, and capital formation. “The DEAL Act increases capital flows to smaller venture capital funds by providing greater flexibility to fund managers, while still ensuring that investors are protected and that f… Continue Reading
July 16, 2025— U.S. Congressman Sean Casten (IL-06) led 16 House Democrats in submitting a Freedom of Information Act (FOIA) request for details of Environmental Protection Agency (EPA) Administrator Lee Zeldin’s efforts to slow-walk the promulgation and enforcement of public health standards. “At your January 16 confirmation hearing before the Senate Environment and Public Works Committee, you pledged to be ‘transparent and accountable to Congress and the public,’” the lawmakers wrote. “In keeping with tha… Continue Reading
July 15, 2025— Today, U.S. Representative Sean Casten (IL-06) introduced the Compliant Operations of Decentralized Entities (CODE) Act of 2025, legislation to combat illicit activity and address cybersecurity concerns associated with decentralized finance (DeFi). “We cannot ignore the illicit activity currently ongoing within the cryptocurrency ecosystem, like North Korean hackers exploiting vulnerabilities in DeFi systems to steal cryptocurrency and fund their nuclear weapons program,” said Rep. Sean Caste… Continue Reading
October 23, 2024
Today, the U.S. Environmental Protection Agency (EPA) announced $3.6 billion in new funding under the Biden-Harris Administration’s Bipartisan Infrastructure Law to upgrade water infrastructure and keep communities safe. Combined with $2.6 billion announced earlier this month, this $6.2 billion in investments for Fiscal Year 2025 will help communities across the country upgrade water infrastructure that is essential to safely managing wastewater, protecting local freshwater resources, and delive… Continue Reading
July 02, 2024— A group of Democrats are raising concerns as to whether companies that received federal funding for semiconductors used the money to support stock buybacks — and criticizing their own party over how the awards are given. In a letter to Commerce Secretary Gina Raimondo obtained by CNBC, four lawmakers flagged that BAE Systems commenced a round of buybacks in the same period it will be paid a $35 million award from the CHIPS Act. The letter, led by Sen. Elizabeth Warren of Massachusetts and s… Continue Reading
June 26, 2024A total of 25 members of the House of Representatives, led by Representatives Sean Casten, D-Illinois, and Ann Wagner, R-Missouri, wrote to the Treasury Department on Thursday, urging them to share more data to help unclaimed savings bonds to be claimed. There are approximately $30 billion in unclaimed federal bonds. Section 122 of the SECURE 2.0 Act of 2022 requires the Treasury to share information with state governments so that they can use that data to locate the bond owners in accordance w… Continue Reading