A bipartisan pair of senators has drafted a data privacy bill that would give the Federal Trade Commission more enforcement tools, while preempting state laws.

Sens. Jerry Moran (R-Kan.) and Richard Blumenthal (D-Conn.) now writing their own bill in a bid to see if they can attract the support of other lawmakers, as the August recess looms. Maria Cantwell (D-Wash.), is circulating a legislative framework of her own.

Details from Bloomberg News.