On the recordNovember 30, 2011
the PCAOB's recent proposal to require public companies to rotate auditors, it is an example of a regulation that is not clearly necessary, but it certainly is costly.
Source
congress.govthe PCAOB's recent proposal to require public companies to rotate auditors, it is an example of a regulation that is not clearly necessary, but it certainly is costly.
Toomey critiques the PCAOB's costly auditor rotation proposal.
Share
More from Pat Toomey
But that does not mean that Congress should be throwing even more billions of Federal taxpayer dollars at them to build out more services for riders they do not have.
Among the most fundamental aspects of our republic, and a democratic system is to accept the outcome of elections.
I think Congress really has to take the time to properly evaluate the outbound CFIUS concept rather than rushing to enact legislation that is not properly vetted.
The fact is, across America, every month Americans are falling further and further behind because of President Biden's out-of-control inflation.