“I admire the work that [Judiciary Chairman Patrick] Leahy [D-Vt.] has put into this bill," Reid said. “I encourage him to continue engaging with all stakeholders to forge a balance between protecting Americans’ intellectual property, and maintaining openness and innovation on the Internet. We made good progress through the discussions we’ve held in recent days, and I am optimistic that we can reach a compromise in the coming weeks.”
Meanwhile, House Judiciary Chairman Lamar Smith (R-Texas) postponed action on his Stop Online Piracy Act indefinitely, saying, "It is clear that we need to revisit the approach on how best to address the problem of foreign thieves that steal and sell American inventions and products."
Smith said his committee would seek input from supporters of the legislation as well as critics on future bills designed to tackle the problem of online piracy.
Vice President Joe Biden waits to conduct a mock swearing-in ceremony with Sen. Brian Schatz, D-Hawaii, in the Capitol's Old Senate Chamber, December 2, 2014. Schatz was sworn in to serve the remainder of his term since he was appointed to the seat after Sen. Daniel Inouye, D-Hawaii, passed away.