What is 'Credit Risk'. Credit risk refers to the risk that a borrower may not repay a loan and that the lender may lose the principal of the loan or the interest associated with it.
A conference committee is a committee of the Congress appointed by the House of Representatives and Senate to resolve disagreements on a particular bill. The conference committee is usually composed of senior Members of the standing committees of each House that originally considered the legislation.
Congress has five main functions: lawmaking, representing the people, performing oversight, helping constituents, and educating the public. Lawmaking The primary function of Congress is to pass rules that all Americans must obey, a function called lawmaking. Congress deals in a huge range of matters, from regulating television to passing a federal budget to voting on gun control. Many of the bills considered by Congress originate with the executive branch, but only Congress can create laws.