A bipartisan majority in the House of Representatives just passed a bundle of laws its proponents have disingenuously labeled the “JOBS Act.”

The JOBS Act won’t create jobs.

Instead, it will let all but the largest newly public companies dodge regulations that protect investors (i.e., anyone with a 401k or similar retirement plan).

The bill is headed for the Senate. Alarmingly, the White House is supporting this destructive bill set up to help companies avoid oversight by the Securities and Exchange Commission.

If this bill passes, the disclosure of out-of-control CEO pay that is now required by the Dodd-Frank Wall Street reform bill would no longer be required at many companies.

Even the disclosure of corporate political spending we have been fighting for would be on the chopping block.

In other words, the bill is a wish list for corporate lobbyists — and it has nothing to do with creating jobs.

Call your Senator today. Stop the President's pandering to big business and corporate lobbyists.