Capitol Account

Capitol Account

PCAOB Revamp Begins to Take Shape

Also, FDIC sets up supervisory appeals office; Trump sues JPMorgan over debanking allegations

Jan 23, 2026
∙ Paid

The PCAOB has been girding for a shake-up since Republicans took back control of Washington. With today’s SEC approval of the regulator’s slimmed-down 2026 budget, the tumult has officially arrived.

Though largely a formality, the sign-off marks the start of Chairman Paul Atkins’ plans for transforming the audit overseer. Soon to come: a leadership overh…

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