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.
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. Parties, interest groups, and constituents all influence members of Congress in their vote choices, and members also compromise and negotiate with one another to reach agreements.