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News

Regulatory Roundup: February 18-24

By:
Karen Sibayan
Published Date:
Feb 24, 2025

AICPA

Feb 24, 2025

CBO

Cost Estimate
February 24, 2025

As reported by the Senate Committee on Environment and Public Works on February 5, 2025

Cost Estimate
February 20, 2025
As ordered reported by the House Committee on Education and Workforce on February 12, 2025

Cost Estimate
February 20, 2025
As ordered reported by the House Committee on Education and Workforce on February 12, 2025

Cost Estimate
February 20, 2025
As ordered reported by the House Committee on Education and Workforce on February 12, 2025

Cost Estimate
February 20, 2025
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on February 5, 2025

Cost Estimate
February 20, 2025
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on February 5, 2025

Cost Estimate
S. 281, TICKET Act
February 20, 2025
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on February 5, 2025

Cost Estimate
February 20, 2025
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on February 5, 2025

Cost Estimate
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on February 5, 2025

Cost Estimate
February 19, 2025
The Majority Leader of the House of Representatives announces bills that will be considered under suspension of the rules in that chamber. CBO estimates the effects of those bills on direct spending and revenues.

Cost Estimate
February 19, 2025

As ordered reported by the Senate Committee on Commerce, Science, and Transportation on February 5, 2025

Working Paper
February 19, 2025

This working paper introduces two measures that highlight the relationship between changes in federal fiscal policy and economic growth and includes projections of those measures through fiscal year 2026.

Cost Estimate
February 14, 2025

As reported by the Senate Committee on Small Business and Entrepreneurship on February 10, 2025

GAO

GAO-25-108091
Published: Feb 24, 2025. Publicly Released: Feb 21, 2025.

The Department of Veterans Affairs uses an electronic health record system to manage patient care. VA began to deploy its modernized system in 2020, but user concerns led to a pause in 2023

GAO-25-107331
Published: Feb 24, 2025. Publicly Released: Feb 24, 2025.

The increasing number of natural disasters across the U.S. has driven interest in hazard mitigation projects to reduce damage to communities. The Federal Emergency Management Agency awards grants to give eligible states, DC, territories, and tribes the funding they need to establish revolving loan funds for mitigation projects.

GAO-25-107256
Published: Feb 24, 2025. Publicly Released: Feb 24, 2025.

The IT system that the Department of Veterans Affairs uses for financial management is over 30 years old. Two prior attempts to replace the system failed after years of development and hundreds of millions of dollars in costs.

GAO-25-107401
Published: Feb 24, 2025. Publicly Released: Feb 24, 2025
PFAS—known as "forever chemicals"—are found in many everyday objects. They can persist in water, soil, and air for decades and can cause health problems.

GAO-25-107226
Published: Feb 24, 2025. Publicly Released: Feb 24, 2025.
States get about $16.5 billion a year for Temporary Assistance to Needy Families, a program for people and families with low incomes. States use these funds and their own to provide cash and various "non-assistance" services such as job training and child care, depending on state priorities.
 
GAO-25-107403
Published: Feb 20, 2025. Publicly Released: Feb 20, 2025.

U.S. companies aren't usually required to publicly name the people who own them. This lack of transparency can be attractive to criminals laundering money or hiding illegal activities.

GAO-25-107032
Published: Feb 20, 2025. Publicly Released: Feb 20, 2025.

Three banks failed in early 2023. Top executives at these banks received stock bonuses totaling about $130 million from Jan. 2021-March 2023. One bank paid bonuses to executives on the day it failed.

GAO-25-107695
Published: Feb 20, 2025. Publicly Released: Feb 20, 2025.

We provide audited agencies with an opportunity to review and comment on draft reports before we issue a final report. For DOD, this period is usually 30 days. However, delays in DOD submitting comments to GAO have resulted in our issuing some reports late to Congress. Congress asked us to report on this issue every 6 months over a 2-year period. This is the fourth and final report in this series.

GAO-25-107241
Published: Feb 20, 2025. Publicly Released: Feb 20, 2025.
The Army Corps of Engineers manages water resources projects—such as dams, locks, and waterways—across the nation. The projects address flood risks, support commerce, strengthen national security, and manage ecosystems.

GAO-25-107149
Published: Feb 19, 2025. Publicly Released: Feb 19, 2025.
Veterans with service-related disabilities living or traveling abroad may use health care benefits through the Department of Veterans Affairs' Foreign Medical Program.

GAO-25-107460
Published: Feb 13, 2025. Publicly Released: Feb 13, 2025.

The Maritime Administration (MARAD) is responsible for America's waterborne transportation—overseeing U.S. shipping, port and vessel operations, national security, and more.

IASB

24 Feb 2025


20 Feb 2025

18 Feb 2025

IRS

IR-2025-23, Feb. 19, 2025 — As the 2025 tax filing season continues, the Internal Revenue Service encourages taxpayers to make essential preparations and be aware of significant changes that may affect their 2024 tax returns.

PCAOB

Feb. 18, 2025

Feb. 18, 2025

SEC

2025-42

Washington D.C., Feb. 20, 2025 — The Securities and Exchange Commission today announced the creation of the Cyber and Emerging Technologies Unit (CETU) to focus on combatting cyber-related misconduct and to protect retail investors from bad actors in the emerging technologies space. The CETU, led by Laura D’Allaird, replaces the Crypto Assets and Cyber Unit and is comprised of approximately 30 fraud specialists and attorneys across multiple SEC offices. 

TIGTA

February 19, 2025

February 14, 2025