President Bush on Monday signed into law an intellectual-property enforcement bill that would consolidate federal efforts to combat copyright infringement under a new White House cabinet position. The Prioritizing Resources and Organization for Intellectual Property Act establishes within the executive branch the position of intellectual property enforcement coordinator, who will be appointed by the president. The law also steepens penalties for intellectual-property infringement, and increases resources for the Department of Justice to coordinate for federal and state efforts against counterfeiting and piracy. The so-called Pro-IP Act passed unanimously in the Senate last month and received strong bipartisan support in the...