The Washington Post:

House and Senate leaders agreed yesterday on surveillance legislation that could shield telecommunications companies from privacy lawsuits, handing President Bush one of the last major legislative victories he is likely to achieve.

The agreement extends the government’s ability to eavesdrop on espionage and terrorism suspects while effectively providing a legal escape hatch for AT&T, Verizon Communications and other telecom firms. They face more than 40 lawsuits that allege they violated customers’ privacy rights by helping the government conduct a warrantless spying program after the Sept. 11, 2001, attacks.