Commerce seeks input on preventing online piracy

Preventing the piracy of movies, music and software online has become an increasing priority for the White House, resulting in a higher profile for White House intellectual property enforcement coordinator Victoria Espinel in recent months. The White House is expected to release updated policy to address the issue early next year.

In addition, Sens. Patrick LeahyPatrick Joseph LeahyOvernight Defense: Senate passes 0B defense bill | 3,000 US troops heading to Afghanistan | Two more Navy officials fired over ship collisions Senate passes 0B defense bill Live coverage: Sanders rolls out single-payer bill MORE (D-Vt.) and Orrin HatchOrrin Grant HatchFinance to hold hearing on ObamaCare repeal bill Overnight Finance: CBO to release limited analysis of ObamaCare repeal bill | DOJ investigates Equifax stock sales | House weighs tougher rules for banks dealing with North Korea Week ahead in finance: Clock ticking for GOP on tax reform MORE (R-Utah) introduced a bill last month that would ramp up the federal government's enforcement efforts and give the Justice Department new authority to shut down websites that traffic in pirated goods. The U.S. Chamber of Commerce estimates online piracy costs the U.S. economy a total of $58 billion in output every year.