Homeland Security Today recently published an article that examines Congress' inability to pass "meaningful cybersecurity reform legislation," and what, if anything, President Obama can do to force the issue.
As the article mentions, there's always the possibility that the president could draft an executive order "that would for the first time give federal government the authority to set minimum cybersecurity standards for the owners and operators of critical infrastructure." In the eyes of some in the private sector, however, such a move could be met with mixed reactions.
You can read the Homeland Security Today article in its entirety here, or by clicking on the link below. Full disclosure: The article includes a quote from yours truly.
Homeland Security Today - "As Cyber Threat Grows, President Ponders Executive Action"