A potential European banking crisis would spill over to the US financial system, which has very close links to the European banking system.

Weaning off the Fannie and Freddie addiction and retargeting FHA will be a long process, but that process should begin with allowing the temporary loan limits to drop.

While counterfeits must be combated, drugs that are legally but poorly produced, substandard medicines-the subject of today's briefing-tend to get a free pass, even when they kill.

In an explosive memoir released today, former CIA counterterrorism chief Jose Rodriguez provides new evidence that Rep. Nancy Pelosi lied when she declared she had not been briefed about the use of waterboarding.

Tensions in the South China Sea have been on the rise following a number of incidents at sea and tough rhetoric among the claimants to the sea's waters and islands.

The coming cycle is well worth our attention, not because of the results but because of the political, social and economic contexts in which these elections are going to take place. This cycle is quite different from the three preceding ones, in 2000, 2004 and 2008. And therefore, what might happen after the election could be quite different as well.

During two closed sessions before the luncheon, committee members discussed the latest in financial regulation issues. At a luncheon briefing following these sessions, SFRC members gave several statements and answered questions.

Rather than gear strategy to prevent the Islamic Republic's nuclear advancement, the Obama administration appears instead to acquiesce to contain or deter and Iranian bomb.