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Regulatory Roundup: July 29 - August 4

By:
Karen Sibayan
Published Date:
Aug 4, 2025

AICPA

Media comment on UK Small Business Plan
Jul 31, 2025

AICPA Signals Support for Legislation Allowing Domestic Abuse Survivors to File Taxes as Single
Jul 29, 2025

CBO

Cost Estimate
August 1, 2025
As ordered reported by the House Committee on Veterans’ Affairs on July 23, 2025

Cost Estimate
August 1, 2025
As ordered reported by the House Committee on Education and Workforce on June 25, 2025

Cost Estimate
August 1, 2025
As ordered reported by the House Committee on Transportation and Infrastructure on June 11, 2025

Cost Estimate
August 1, 2025
As ordered reported by the House Committee on Veterans’ Affairs on July 23, 2025

Cost Estimate
August 1, 2025
As ordered reported by the House Committee on Transportation and Infrastructure on June 11, 2025

Cost Estimate
August 1, 2025
As ordered reported by the House Committee on Education and Workforce on June 25, 2025

Cost Estimate
August 1, 2025
As ordered reported by the House Committee on Veterans’ Affairs on July 23, 2025

Cost Estimate
August 1, 2025
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on May 21, 2025

Cost Estimate
August 1, 2025
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on April 30, 2025

Cost Estimate
August 1, 2025
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on April 30, 2025

Cost Estimate

July 31, 2025
As ordered reported by the House Committee on Veterans Affairs on July 23, 2025

Cost Estimate
July 31, 2025
As ordered reported by the House Committee on Veterans’ Affairs on July 23, 2025

Cost Estimate
July 31, 2025
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on February 5, 2025

Report
July 30, 2025
CBO examined the economic and budgetary effects of two illustrative scenarios in which federal funding for nondefense research and development is increased by $30 billion per year for the next 10 years.

Cost Estimate

S. 632, IHS Workforce Parity Act of 2025
July 30, 2025
As reported by the Senate Committee on Indian Affairs on May 12, 2025

Cost Estimate
July 29, 2025
As ordered reported by the House Committee on Energy and Commerce on April 29, 2025

Cost Estimate
July 29, 2025
As ordered reported by the House Committee on Education and the Workforce on April 9, 2025

Cost Estimate
July 29, 2025
As ordered reported by the House Committee on Education and the Workforce on April 9, 2025

Cost Estimate
July 29, 2025
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on March 12, 2025

Cost Estimate
July 29, 2025
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on March 12, 2025

Cost Estimate
July 29, 2025
As reported by the Senate Committee on Commerce, Science, and Transportation on June 24, 2025

FASB

FASB Issues 2025 Investor Outreach Report
July 31, 2025

July 30, 2025

GAO

GAO-25-107631
Published: Jul 31, 2025 . Publicly Released: Jul 31, 2025 .
The Department of Veterans Affairs runs 300 Vet Centers nationwide that provide counseling services to military veterans and servicemembers. We previously reported on how VA assesses Vet Center counselors’ productivity. In this Q&A, we looked at VA’s staff survey on how productivity expectations may have affected care. We found that some parts of the survey were unclear, such as a question that didn’t specify whether...

GAO-25-107588
Published: Jul 31, 2025 . Publicly Released: Jul 31, 2025 .
In this final comprehensive COVID-19 report, we provided updates to our work regarding the impact of the pandemic on public health, the economy, and federal spending. Our work on the COVID-19 pandemic has produced over 200 reports and 484 recommendations to the Congress and federal agencies. More than half of the recommendations have been implemented. This body of work has yielded at least $43.9 billion...

Whistleblowers:
VA Should Assess Data and Monitor Settlement Agreements to Better Ensure Protections
GAO-25-106780
Published: Jul 31, 2025 . Publicly Released: Jul 31, 2025 .
Federal employee whistleblowers can help fight fraud, waste, and abuse, so laws protect them from retaliation, such as demotion and firing. For Department of Veterans Affairs employees, the Office of Special Counsel—an independent agency—and an office within VA both investigate retaliation against whistleblowers. But VA doesn’t track all actions taken to protect whistleblowers after retaliation. This incomplete record makes it hard to determine if the...

GAO-25-107504
Published: Jul 31, 2025 . Publicly Released: Jul 31, 2025 .
Burning waste outside emits toxins into the air that can be harmful. The military burned waste in Vietnam. Many worry that the toxins released have led to long-term health problems. The Department of Veterans Affairs hasn’t researched whether there is a link between Vietnam veterans’ health issues and exposure. VA’s reviews of available data haven’t indicated that exposure was a major contributor. VA said additional...

GAO-25-107451
Published: Jul 31, 2025 . Publicly Released: Jul 31, 2025 .
In recent years, some shoppers have noticed they’re paying the same or more for a smaller amount of their favorite household products—known as “shrinkflation.” For example, a pint of ice cream (16 fluid oz.) might now be 14 fluid oz. Subtle package changes can make it hard to detect. While shrinkflation increases prices, its effect on inflation is small because most spending is on things...

Dairy Farmers:
USDA Should Assess the Effectiveness of Its Communications Regarding Key Program Benefits
GAO-25-106595
Published: Jul 31, 2025 . Publicly Released: Jul 31, 2025 .
Staying in business can be hard for dairy farmers if cattle feed prices go up or milk prices fall. But they can get help by signing up for a U.S. Department of Agriculture program that gives financial support in these circumstances. The program paid farmers about $2.7 billion from 2019 to 2024. The percentage of farmers who participated in each state varied, and most had...

GAO-25-108147
Published: Jul 23, 2025 . Publicly Released: Jul 30, 2025 .

GAO-25-108150
Published: Jul 23, 2025 . Publicly Released: Jul 30, 2025 .

Persistent Chemicals:
Information on EPA's Analysis of Costs for its PFAS Drinking Water Regulation

GAO-25-107897Published: Jul 30, 2025 . Publicly Released: Jul 30, 2025 .Chemicals called per-and polyfluoroalkyl substances—PFAS—have been found in water and are associated with health risks like cancer. The Environmental Protection Agency recently issued a regulation setting maximum levels for some PFAS in drinking water. EPA was required to estimate the costs of the regulation. The quality of EPA’s cost analysis is being challenged in court. Due to the litigation, this Q&A report focused on whether...

GAO-25-107845
Published: Jul 30, 2025 . Publicly Released: Jul 30, 2025 .
Using illicit drugs and misusing prescription drugs have been persistent issues in the U.S., causing over 100,000 deaths a year from 2021-2023. We convened a forum with 12 experts to discuss developing and evaluating media campaigns intended to prevent drug misuse. The experts said that, to create campaigns, people should: Identify, understand, and target the audience they intend to reach Select messengers and delivery methods...

GAO-25-108436
Published: Jul 30, 2025 . Publicly Released: Jul 30, 2025 .
The nation increasingly relies on computer-based information systems to support critical infrastructure needed for communications, water, energy, and more. Much of the infrastructure is privately owned. Federal agencies have established a variety of regulations to help protect it from cyber threats. For this report, we asked a group of industry representatives for their views on federal efforts to use more consistent cybersecurity regulations. Some participants...

U.S. Consolidated Financial Statements:
Key Issues for the U.S. Department of Agriculture
GAO-25-108151
Published: Jul 23, 2025 . Publicly Released: Jul 30, 2025 .

GAO-25-108149
Published: Jul 23, 2025 . Publicly Released: Jul 30, 2025 .

GAO-25-108146
Published: Jul 23, 2025 . Publicly Released: Jul 30, 2025 .
 
Published: Jul 29, 2025 . Publicly Released: Jul 29, 2025 .


Artificial Intelligence:
Generative AI Use and Management at Federal Agencies

GAO-25-107653Published: Jul 29, 2025 . Publicly Released: Jul 29, 2025 .
Generative AI—which can create text, images, audio, video, and other content—could dramatically increase productivity and transform the federal government workplace. Agencies can use it to support internal operations, streamline service delivery, and more. But it may also spread misinformation and present national security and environmental risks. From 2023 to 2024, agencies’ use of generative AI increased ninefold. As agencies deploy generative AI, they report encountering...

Published: Jul 29, 2025 . Publicly Released: Jul 29, 2025 .

Russia's invasion of Ukraine in Feb. 2022 created a forced migration crisis—with millions of Ukrainians forced to flee and millions more internally displaced within Ukraine. As of Sept. 2024, the U.S. Agency for International Development and the State Department had provided over $3.75 billion for the Ukraine humanitarian response. USAID and State closely coordinated their assistance for Ukrainian internally displaced persons and refugees. And the...

IASB

1 Aug 2025
 
1 Aug 2025
 

29 Jul 2025

IRS

IRS, Security Summit remind tax pros they must have a Written Information Security Plan to protect client data

IR-2025-79, July 29, 2025 — The Internal Revenue Service and its Security Summit partners today reminded tax professionals about the federal mandate to have a Written Information Security Plan (WISP) designed to help protect them against threats from identity thieves and data breaches.

PCAOB

SEC

Washington D.C., Aug. 1, 2025 — The Securities and Exchange Commission today announced the launch of a task force on artificial intelligence (AI) that will spearhead the agency’s efforts to enhance innovation and efficiency in its operations through the responsible use of AI. Valerie Szczepanik, who has been named the SEC’s Chief AI Officer, is leading the task force.

2025-102

Washington D.C., Aug. 1, 2025 — The Securities and Exchange Commission announced today that its Crypto Task Force will host a series of roundtables across the country to provide opportunities for additional stakeholders to meet with Commissioner Hester Peirce, who leads the Crypto Task Force.

2025-101
Washington D.C., July 29, 2025 — The Securities and Exchange Commission today voted to approve orders to permit in-kind creations and redemptions by authorized participants for crypto asset exchange-traded product (ETP) shares.

TIGTA

Actions Need to Be Taken to Address Taxpayer Assistance Center Safety and Security Weaknesses
July 29, 2025