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.
Since the House has 435 members, most Representatives only serve on one or two committees. On the other hand, Senators often serve on several committees and subcommittees. Committee assignment is one of the most important decisions for a new member's future work in Congress.Usually, members seek appointment on committees that will allow them to serve their districts or state the most directly. A conference committee is made up of members from the House and Senate committees that originally considered the bill. 2  Once the committee agrees on a compromise, the revised bill is returned to both houses of Congress for their approval.