Here is another good news/bad news column about the 112th Congress.

Alex J. Pollock writes a letter to the editor on the Federal Deposit Insurance Corp.

The European Union's Brussels summit on December 8-9 is its latest, most urgent attempt to calm the bond markets, save the euro, and create firmer mechanisms that promise to ensure long-term fiscal discipline among eurozone nations.

America is nearing a decisive moment.  Unless Congress acts to change current law, automatic sequestration cuts will slash future spending on national defense across-the-board by over $500 billion beginning early next year.

The joint statement released by the Defending Defense Coalition details the devastating impact that the upcoming automatic sequestration would have on the U.S. military and the consequent need for the House of Representatives to pass the reconciliation bill in order to defend national security strategy.

In the Shadow Committee's view, the Federal Reserve Board is not an appropriate regulator for Fannie Maeand Freddie Mac.

Michael Greve argues in his new book that that a reorientation toward constitutional forms and arrangements will require a wholesale reformulation of conservative jurisprudence.

Argentina's bank regulatory system now is widely regarded as one of the two or three most successful among emerging market economies.