US EditionThe House Financial Services Committee Was High on Red Bull When They Voted to Eliminate the PCAOB
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The House Financial Services Committee Was High on Red Bull When They Voted to Eliminate the PCAOB
It is known that the Public Company Accounting Oversight Board has been at risk of getting DOGE’d under the Trump administration, starting with the nomination of known PCAOB-hater Paul Atkins to serve as chair of the SEC. Wrote WSJ in late 2024: Atkins, while an SEC commissioner, criticized the PCAOB’s budget, saying salaries paid to board members were disproportionately high. In speeches, he spoke out against rules that limited audit firms’ ab…
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