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House revives cyber bill that privacy groups hate

Anne Flaherty

WASHINGTON (AP) -- The House Intelligence Committee is trying to revive legislation that would let industry and the federal government swap information on the latest cyber threats.

The bill stalled last year after privacy advocates said it would open American's private Internet records like bank accounts and email to agencies such as the FBI and National Security Agency.

But with fresh accusations from industry that the Chinese government is hacking into U.S. networks and stealing billions of dollars in trade secrets, Reps. Mike Rogers of Michigan and Dutch Ruppersberger of Maryland say they think the bill can become law with some changes.

The House panel plans to mark up the legislation on Wednesday, with a floor vote possible next week. Its prospects in the Senate and at the White House are unclear.