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Regulatory Roundup: Sept. 9-15

By:
Karen Sibayan
Published Date:
Sep 15, 2025

AICPA

 
Sep 11, 2025
Sep 10, 2025
 

AICPA and CIMA bring flagship ENGAGE CFO Strategy & Innovation Summit back to Warsaw
Sep 09, 2025

CBO

Cost Estimate
September 15, 2025
As ordered reported by the House Committee on Oversight and Government Reform on September 10, 2025

Cost Estimate
September 15, 2025
As ordered reported by the House Committee on Oversight and Government Reform on September 10, 2025

Cost Estimate
September 15, 2025
As ordered reported by the House Committee on Oversight and Government Reform on September 10, 2025

Cost Estimate
September 15, 2025
As ordered reported by the House Committee on Oversight and Government Reform on September 10, 2025

Cost Estimate
September 15, 2025
As ordered reported by the Senate Committee on Veterans’ Affairs on July 30, 2025

Report
September 12, 2025
CBO provides details about its latest economic projections through 2028, which reflect several substantial changes in federal policy and economic developments that have occurred this year.

Presentation
September 12, 2025
This slide deck supplements information presented in the report CBO's Current View of the Economy From 2025 to 2028.

Presentation
September 12, 2025
Presentation by Austin Barselau, an analyst in CBO's Budget Analysis Division, and Scott Laughery, an analyst in CBO's Health Analysis Division, at a meeting of CBO's Panel of Health Advisers.

Cost Estimate
September 12, 2025
As reported by the House Committee on Energy and Commerce on July 2, 2025

Presentation
September 12, 2025
Presentation by Cyrus Ekland, Claire Hou, Aaron Pervin, and Rajan Topiwala, analysts in CBO's Budget Analysis and Health Analysis Divisions, at a meeting of CBO's Panel of Health Advisers.

Cost Estimate
September 12, 2025
As ordered reported by the Senate Committee on Veterans Affairs on July 30, 2025

Cost Estimate
September 11, 2025
As ordered reported by the House Committee on Foreign Affairs on July 22, 2025

Cost Estimate
September 11, 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
September 11, 2025
As ordered reported by the Senate Committee on Veterans’ Affairs on July 30, 2025

Report
September 10, 2025
CBO projects that the U.S. population will increase from 350 million people in 2025 to 367 million people in 2055. It will be smaller and grow more slowly over the next 30 years, on average, than the agency previously projected it would.

Cost Estimate
September 10, 2025
As ordered reported by the Senate Committee on Veterans’ Affairs on July 30, 2025

Report
September 9, 2025
CBO examines drug purchases made through the 340B program in 2021, growth in such purchases from 2010 to 2021, and factors that contributed to that growth. CBO also assesses how the 340B program affects the federal budget.

Report
September 9, 2025
The federal budget deficit totaled $2.0 trillion in the first 11 months of fiscal year 2025, CBO estimates. That amount is $92 billion more than the deficit recorded during the same period last fiscal year.

Cost Estimate
September 9, 2025
As ordered reported by the Senate Committee on Veterans’ Affairs on July 30, 2025

Cost Estimate
September 9, 2025
As reported by the Senate Committee on Agriculture, Nutrition, and Forestry on July 10, 2025

Cost Estimate
September 8, 2025

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

GAO

GAO-25-108721

Published: Sep 16, 2025 . Publicly Released: Sep 15, 2025 

GAO-25-107437
Published: Aug 14, 2025 . Publicly Released: Sep 15, 2025 .
Since 2020, the Social Security Administration has spent more than a billion dollars each year on IT hardware and software. SSA relies on contracting officials to award and manage contracts for buying and maintaining these systems. But SSA faces challenges related to planning for this workforce. For example, SSA has limited data on the workloads of these contracting officials. And, it hasn't provided contracting training...

GAO-25-107574
Published: Sep 15, 2025 . Publicly Released: Sep 15, 2025 .
The U.S. African Development Foundation aims to promote local economic growth in Africa by increasing incomes and supporting the availability of food, energy, and employment—especially for women and youth. But the Foundation has no strategic approach for mitigating fraud, waste, or abuse in its operations and doesn't have staff to implement such a strategy. Further, the Foundation had some overall policies and procedures to guide...

GAO-25-107379
Published: Sep 15, 2025 . Publicly Released: Sep 15, 2025 .

U.S. Customs and Border Protection uses scanning systems to detect illegal drugs and other contraband at land crossings. CBP is deploying additional X-ray systems with a goal of scanning all vehicles crossing the border. However, CBP's deployment plans exclude 9 major crossings that account for nearly 40% of passenger vehicle traffic at the southwest border. In addition, CBP hasn't defined key performance measures it needs...

GAO-25-108739
Published: Sep 15, 2025 . Publicly Released: Sep 11, 2025 .
We testified on the use of artificial intelligence at the Department of Veterans Affairs. We discussed challenges posed by AI before the House Committee on Veterans' Affairs Subcommittee on Technology Modernization. Our testimony is based on the following reports: Artificial Intelligence: Generative AI Use and Management at Federal Agencies and Artificial Intelligence: An Accountability Framework for Federal Agencies and Other Entities. The Capitol building with...

GAO-25-107771
Published: Sep 11, 2025 . Publicly Released: Sep 11, 2025 .
DOD's U.S. Transportation Command arranges about 300,000 personal property shipments for military personnel and their families annually. To address widespread dissatisfaction with its moving and storage program, DOD contracted with a commercial move manager in 2021. But the contractor didn't have the capacity to manage all the shipments DOD ordered. DOD terminated the contract in June 2025 after spending over $100 million on it. DOD...

GAO-25-107561
Published: Sep 10, 2025 . Publicly Released: Sep 10, 2025 .
Small businesses owned by veterans, active military members, their spouses, and other military-affiliated people are an important part of the U.S. economy. We looked at some of their challenges and the resources available to them. Data shows that veterans can have trouble getting business financing from large banks. The Small Business Administration and Department of Agriculture offer loans to military-affiliated business owners. SBA lending to...

GAO-25-108720
Published: Sep 10, 2025 . Publicly Released: Sep 10, 2025 .
We testified on the Tribal Energy Financing Program before the Senate Committee on Indian Affairs. It is based primarily on the following report: Tribal Energy Finance: Changes to DOE Loan Program Would Reduce Barriers for Tribes. We made 5 recommendations to the Department of Energy in that report, including that it revise its review process to reduce fees. DOE is working to address those recommendations...

Chief Information Officer Open Recommendations:
Department of Transportation
GAO-25-108463
Published: Sep 3, 2025 . Publicly Released: Sep 10, 2025 .

GAO-25-108466
Published: Sep 10, 2025 . Publicly Released: Sep 10, 2025 .
DOD is replacing the Air Force's Minuteman III missile—which is over 50 years old—with the new Sentinel system. The transition is the most complex project the service has undertaken. But the Air Force hasn't developed a risk management plan for this transition. A risk management plan would outline how to anticipate, analyze, and solve problems. Also, the Air Force may need to operate Minuteman III...

GAO-25-108536
Published: Sep 3, 2025 . Publicly Released: Sep 10, 2025 .

GAO-25-108539
Published: Sep 3, 2025 . Publicly Released: Sep 10, 2025 .

GAO-25-108519
Published: Sep 10, 2025 . Publicly Released: Sep 10, 2025 .

Artificial Intelligence:
Federal Efforts Guided by Requirements and Advisory Groups
GAO-25-107933
Published: Sep 9, 2025 . Publicly Released: Sep 9, 2025 .
Artificial intelligence is a rapidly advancing technology that could substantially improve how government agencies operate. But AI technologies also pose risks. Various AI-related requirements from federal laws, executive orders, and guidance have steered federal agencies' efforts to use AI. This includes the AI in Government Act of 2020 and the Advancing American AI Act. We found 10 executive branch oversight groups that have a role...

GAO-25-107623
Published: Sep 9, 2025 . Publicly Released: Sep 9, 2025 .
When Medicare beneficiaries need medical devices or health care services, they can choose from among the items and services that Medicare has decided to cover. Medicare sets time frames for determining coverage and meets its goals more than 80% of the time. However, the agency doesn't systematically identify the reasons why some decisions are delayed, which may make it harder to improve timeliness. There are...

Priority Open Recommendations:
Office of the National Cyber Director (ONCD)
GAO-25-107943
Published: Sep 2, 2025 . Publicly Released: Sep 9, 2025 .

GAO-25-107258
Published: Sep 9, 2025 . Publicly Released: Sep 9, 2025 .

The National Nuclear Security Administration uses contractors to manage and operate its 8 nuclear security sites. In turn, these contractors use fixed-price subcontracts to hire companies to carry out small construction projects totaling hundreds of millions of dollars each year. Miscalculations in fixed-price contracts can cost the government money. We examined contractor policies for estimating subcontract costs and compared them with commercial best practices in...

GAO-25-107396
Published: Sep 3, 2025 . Publicly Released: Sep 9, 2025 .
The Department of Education provides billions of dollars in student aid each year. In 2022, Education began modernizing its financial aid application system by contracting with companies to do the work. The new system launched with a few of the planned functions in 2023, but it had system availability issues and submission errors, among other problems. Education has since improved the system, but there's more...

Environmental Justice:
Agency Actions to Implement Past Justice40 Initiative
GAO-25-107516
Published: Sep 9, 2025 . Publicly Released: Sep 9, 2025 .

A 2021 Executive Order directed federal agencies to address disproportionate health, environmental, economic, and climate impacts on disadvantaged communities. Federal agencies were tasked with implementing the Justice40 Initiative, which aimed to ensure that 40% of benefits from certain existing grants and programs went to these communities. By December 2024, the Environmental Protection Agency and Departments of the Interior and Agriculture had taken numerous steps to...

IASB

12 Sep 2025
 

12 Sep 2025

IFRS Foundation appoints Hans-Ulrich Engel as Trustee
10 Sep 2025

Join us for a webinar to learn about how companies are integrating IFRS Accounting Standards into products and services
9 Sep 2025

July 2025 Due Process Oversight Committee meeting summary now available
8 Sep 2025

IRS

IR-2025-91, Sept. 15, 2025 — The Department of the Treasury and the Internal Revenue Service today issued final regulations addressing several SECURE 2.0 Act provisions relating to catch-up contributions.

IRS assesses $162 million in penalties over false tax credit claims tied to social media

IR-2025-90, Sept. 8, 2025 — The Internal Revenue Service is alerting taxpayers about a growing number of fraudulent tax schemes circulating on social media that promote the misuse of credits such as the Fuel Tax Credit and the Sick and Family Leave Credit.

SEC

2025-116
Washington D.C., Sept. 11, 2025 — The Securities and Exchange Commission’s Investor Advisory Committee will hold a public meeting at the SEC Headquarters in Washington D.C. on Sept. 18, 2025, at 10 a.m. ET. The meeting will also be webcast on the SEC website.

2025-115
Washington D.C., Sept. 10, 2025 —The Securities and Exchange Commission today announced that James J. Moloney, a longtime and highly respected legal counsel to public companies worldwide on corporate transactions and corporate governance issues, has been named Director of the agency’s Division of Corporation Finance, effective next month.

2025-114
Washington D.C., Sept. 8, 2025 — The Securities and Exchange Commission’s Crypto Task Force announced today it will host a public roundtable on financial surveillance and privacy on Friday, October 17 from 1 p.m. to 4 p.m. at the SEC headquarters.