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Sarbanes, Edwards say jobs bill hurts transparency

Two Maryland Democrats who opposed a jobs bill that won House approval this week said Friday they voted against the measure because it would roll back regulations intended to protect investors, including those created under the landmark and controversial Sarbanes-Oxley law.

Rep. John Sarbanes, a Baltimore County Democrat whose father -- former Sen. Paul Sarbanes -- was instrumental in crafting the financial regulations and Prince George's County Democratic Rep. Donna Edwards, were among only 23 lawmakers to oppose the bill Thursday. It was supported by 232 Republicans and 158 Democrats.

All 23 opposed were Democrats.  

The legislation would lift some Securities...