The repeal of the EPA’s fuel emissions standards also got the axe, because of the ‘Byrd Rule,’ which blocks policy decisions from budget reconciliation.
PCAOB
Posted inMoney, Politics, and Power
Corporate Self-Oversight
Four auditing firms examine the books of nearly every big U.S. company, in a process riddled with conflicts of interest. But federal monitoring is making a comeback under new leadership.
Posted inTAP
Capitalists: Be Careful What You Wish For
Today on TAP: Wall Street’s hilarious complaint against a totally captured self-regulatory agency has one thing right: This delegation of government authority is unconstitutional.
Posted inEconomic Policy
When the Watchers’ Watchers Look the Other Way
The board charged with overseeing the firms that audit corporations has become a cushy landing place for Republican politicos averse to enforcing its rules.