In an increasingly rare moment of congressional bipartisanship, the Senate on Thursday passed a bill aimed at easing regulations on small companies and startups.
Senators approved the Jumpstart Our Business Startups Act, or JOBS bill, by a vote of 73-26, easily overriding opposition from a few top Democrats, including Senate Majority Whip Richard Durbin of Illinois, who argued the bill goes too far in suspending regulations intended to protect investors and consumers.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.