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PCAOB Enforcement Transparency Act of 2025

USA119th CongressS-2919| Senate 
| Updated: 9/19/2025
Jack Reed

Jack Reed

Democratic Senator

Rhode Island

Cosponsors (1)
Chuck Grassley (Republican)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This legislation, titled the PCAOB Enforcement Transparency Act of 2025, aims to significantly increase transparency within the Public Company Accounting Oversight Board's disciplinary framework. It achieves this by amending the Sarbanes-Oxley Act of 2002 to revise how the PCAOB conducts its disciplinary proceedings and publishes its findings. A key provision mandates that disciplinary hearings conducted by the PCAOB will now be open to the public by default , a change from the current practice where they are generally private. The Board retains the discretion to close a hearing if deemed necessary. Furthermore, the bill removes the requirement to wait for any stay on sanctions to be lifted before publishing disciplinary determinations , allowing for their immediate public disclosure .
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Timeline

Bill from Previous Congress

S 116-1256
PCAOB Enforcement Transparency Act of 2019

Bill from Previous Congress

S 117-2009
PCAOB Enforcement Transparency Act of 2021

Bill from Previous Congress

S 118-865
PCAOB Enforcement Transparency Act of 2023
Sep 19, 2025
Introduced in Senate
Sep 19, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sep 19, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S6793)
  • Bill from Previous Congress

    S 116-1256
    PCAOB Enforcement Transparency Act of 2019


  • Bill from Previous Congress

    S 117-2009
    PCAOB Enforcement Transparency Act of 2021


  • Bill from Previous Congress

    S 118-865
    PCAOB Enforcement Transparency Act of 2023


  • September 19, 2025
    Introduced in Senate


  • September 19, 2025
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • September 19, 2025
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S6793)

PCAOB Enforcement Transparency Act of 2025

USA119th CongressS-2919| Senate 
| Updated: 9/19/2025
This legislation, titled the PCAOB Enforcement Transparency Act of 2025, aims to significantly increase transparency within the Public Company Accounting Oversight Board's disciplinary framework. It achieves this by amending the Sarbanes-Oxley Act of 2002 to revise how the PCAOB conducts its disciplinary proceedings and publishes its findings. A key provision mandates that disciplinary hearings conducted by the PCAOB will now be open to the public by default , a change from the current practice where they are generally private. The Board retains the discretion to close a hearing if deemed necessary. Furthermore, the bill removes the requirement to wait for any stay on sanctions to be lifted before publishing disciplinary determinations , allowing for their immediate public disclosure .
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 116-1256
PCAOB Enforcement Transparency Act of 2019

Bill from Previous Congress

S 117-2009
PCAOB Enforcement Transparency Act of 2021

Bill from Previous Congress

S 118-865
PCAOB Enforcement Transparency Act of 2023
Sep 19, 2025
Introduced in Senate
Sep 19, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sep 19, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S6793)
  • Bill from Previous Congress

    S 116-1256
    PCAOB Enforcement Transparency Act of 2019


  • Bill from Previous Congress

    S 117-2009
    PCAOB Enforcement Transparency Act of 2021


  • Bill from Previous Congress

    S 118-865
    PCAOB Enforcement Transparency Act of 2023


  • September 19, 2025
    Introduced in Senate


  • September 19, 2025
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.


  • September 19, 2025
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S6793)
Jack Reed

Jack Reed

Democratic Senator

Rhode Island

Cosponsors (1)
Chuck Grassley (Republican)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted