The Senate is considering what the House has passed the Free Flow of Information Act, which gives strength to federal law in the form of the right for reporters in most cases to protect the identity of their sources, even from prosecutors or judges.
The business community is not happy with the Senate version of this bill, because unlike the House, the Senate version does not have a provision which requires reporters to disclose the identity of sources who leak trade secrets. Some state laws, such as in California, already protect
reporters from having to disclose sources of trade secrets. The Senate bill would extend this protection across the country. And thus the concern of the business community.
A nice article on this side effect appears in the 30 June 2008 Forbes, page 32, in an article by communications consultant Carter Wood titled "Too Much Freedom of the Press".
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