With the threat of a veto hanging over its head, the National Defense Authorization bill heads to the House floor today for debate. Among the provisions are several dealing with the question of a nuclear weapons armed Iran, and what the United States should do to avert a crisis, prepare to handle the threat, or eliminate the threat altogether.

The Securities and Exchange Commission designates certain credit rating agencies as “nationally recognized statistical ratings organizations” (NRSROs). It has been argued that this designation inhibits competition and has effectively created a government-sponsored cartel. Currently only two firms—Standard and Poor’s and Moody’s—represent about eighty percent of sector revenue. In an effort...

Since its adoption on May 25, HR 1461—which would create a new regulator for Fannie Mae, Freddie Mac, and the Federal Home Loan Banks—has received serious attention as a precursor to congressional action later this year. Supporters of Fannie and Freddie are said to be jubilant; opponents see the bill...

H.R. 2990's approach is in the best tradition of competition and disclosure, rather than regulatory prescription and government sponsorship.

Wharton School professor Joseph Gyourko explains in a new research paper, Is FHA the Next Housing Bailout?, that the FHA will need a massive $50 to $100 billion bailout unless the economy makes a swift recovery.

Without profound changes in the scientific and regulatory environment, things will remain very tough for the agile disruptor -- relatively good news for established giants, presumably less good news for patients and for progress.

Sir, Peter Tasker is overly sanguine in counselling the Japanese government to ignore the credit rating agencies' recent downgrading of Japanese government debt.

By next year, about two-thirds of American physicians will be working as salaried employees of large groups and hospitals. This movement has been underway for years. Over the last decade, the number of independent physicians was falling by about 2% a year. But these trends are now accelerating.