Bill · S. 2919· Senate(119-S-2919)
PCAOB Enforcement Transparency Act of 2025
- Introduced
- 9/19/2025
- Last activity
- 9/19/2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S6793)
- Sponsored by
- John Reed
- Cosponsors
- - 0 - 1
- Introduced
- In Committee
What this bill would do
The PCAOB Enforcement Transparency Act of 2025 amends the Sarbanes-Oxley Act of 2002. It allows the Public Company Accounting Oversight Board to make its disciplinary proceedings open to the public. It also changes the requirements for the publication of determinations.
Yes
Does this make what the government does easier for the public to see?+7
The bill explicitly aims to promote transparency by allowing PCAOB disciplinary proceedings to be open to the public.
Does this give people more protection from unfair business practices?+2
Increased transparency in accounting oversight proceedings can lead to better investor and consumer protection.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Public Access to Hearings: Section 2 makes hearings open to the public unless the Board orders otherwise, which promotes transparency in disciplinary proceedings.
Potential Negative Impacts for People
- Board Discretion: Section 2 allows the Board to order that hearings not be open to the public on its own motion or after considering a party's motion.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Governance And Ideology
- Improves Government Transparency+7
- Economy And Finance
- Improves Consumer Protection+2
- 9/19/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S6793)
- 1 Cosponsor added.
- Introduced in Senate
Chuck GrassleyRepublican · Iowa