POGO Urges New SEC Chair to Reform the Audit Industry
May 26, 2021
Dear Chair Gensler:
Congratulations on your recent confirmation as chair of the Securities and Exchange Commission (SEC). I write to you on behalf of the Project On Government Oversight (POGO) to provide several recommendations for the Public Company Accounting Oversight Board (PCAOB)
that the commission can implement immediately on its own, and several where the commission can work with Congress to strengthen the laws governing this oversight system. These reforms will help President Joe Biden deliver on his promises to ensure that government will work for all Americans.
POGO is a nonpartisan independent watchdog that investigates and exposes waste, corruption, abuse of power, and when the government fails to serve the public or silences those who report wrongdoing. We champion reforms to achieve a more effective, ethical, and accountable federal government that safeguards constitutional principles.