Serious trouble with China is brewing in the more obscure reaches of U.S. commercial policy.

If Congress wants to show China the United States is serious, it should focus on domestic issues like reducing the federal deficit.

FHA Watch, a new monthly online publication, will focus on the government’s 100 percent taxpayer-backed Federal Housing Administration (FHA) mortgage guarantee program and the risks it poses for taxpayers, families, and communities. 

FHA Watch, now in its second issue, focuses on the government’s taxpayer-backed Federal Housing Administration (FHA) mortgage guarantee program, the risks it poses for taxpayers, families and communities, and the opportunities for reform that lead to sustainable homeownership and a fiscally sound FHA Mutual Mortgage Insurance Fund.

The United States should choose its policies to best further the national interest. That requires a compound calculation of both the gains available from a change in Chinese policy and the probability of U.S. initiatives effecting such a change.

H.R. 4489 focuses on a specific market: prescription drug coverage for federal employees; the legislation would impose a wide variety of restrictions, controls, and mandates.

The current securities class actions regime threatens our financial system. Congress should return enforcement authority to the SEC.

Members of Congress are trying to outdo each other in offering senior citizens a prescription drug benefit under Medicare.