Cybersecurity Bill

A big, new cybersecurity bill has hit the Senate floor. It landed with a thud. The bill drew objections from several Republicans. They say it gives the Homeland Security Department too much regulatory authority over private sector owners of critical infrastructure. Sen. John McCain (R-Ariz.) wonders why the bill steers clear of the IT industry. DHS Secretary Janet Napolitano countered. She said the bill is more about cybersecurity and information sharing, than about regulation. Majority Leader Harry Reid (D-Nev.) wants a vote in the next few weeks.