Congressman, my view is that audit committees are in a very good position to make a decision based on the specific facts and circumstances that exist at a particular company about how to select the auditor and mandatory firm rotation would limit the audit committee's ability to make that judgment.
Gallagher argues that audit committees should have the discretion to select auditors without mandatory rotation.
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More from Mike Gallagher
Last year, after touring PortMiami, Congressman Mike Gallagher said he felt ports were doing what they needed to do to mitigate potential risks in the short-term.
The United States uses such connectivity modules in a wide variety of devices, including smart devices and domestic telecom networks.
Congressman Gallagher, chairman of the Select Committee on the Chinese Communist Party, said that he felt that ports were doing what they needed to do to mitigate potential risk only in the short term.
The threat posed by PRC drones operating in the United States is well known.
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