Kids online safety bill clears Senate hurdle [Video]

Landmark legislation aimed at keeping kids safer online cleared a major hurdle Thursday, when the Senate voted 86-1 to advance the bill.

The measure is the most sweeping regulation of the tech industry in more than a decade. Final passage is expected next week.

Sen. Edward Markey, D-Mass., said the safeguards that social media companies have put in place are “not sufficient.” He cited data from the Centers for Disease Control and Prevention that 1 in 10 teenage girls and 1 in 5 LGBTQ youth have attempted suicide. 

 “Whatever safeguards are in place, they’re clearly not doing the job,” he told CNBC Tuesday in a Senate office building.

The measure, technically labeled S. 2073, is made up of two bills that are moving as one through the chamber.

The first one, known as the Children and Teens’ Online Privacy Protection Act, would ban targeted ads to kids and teens, ban companies from …