Republicans plan to scrap US audit regulator

Republicans plan to scrap US audit regulator

Proposal to fold the Public Company Accounting Oversight Board into the SEC will boost Donald Trump’s deregulatory agenda

Republicans propose shutting down US audit regulator PCAOB

Republican lawmakers want to scrap the US audit regulator, the Public Company Accounting Oversight Board (PCAOB), to help deliver Donald Trump’s deregulatory plans. On Friday, the House Committee on Financial Services leadership first proposed the audit regulator shutdown. However, Democrats will most probably resist the closing plans for the agency. The PCAOB’s responsibilities could be pushed to the Securities and Exchange Commission if the bi…

Republicans plan to scrap US audit regulator - Business Fast

Stay informed with free updatesSimply sign up to the US financial regulation myFT Digest -- delivered directly to your inbox.Republican lawmakers are planning to shut down the US audit regulator, which was founded in the wake of the Enron scandal more than two decades ago, as part of a reform package designed to deliver Donald