U.S. Senate Committee on Banking, Housing and Urban Affairs ranking member Warren questions SEC Chair Atkins’ new PCAOB board appointments

Senator Elizabeth Warren, Ranking Member of the U.S. Senate Committee on Banking, Housing and Urban Affairs, issued a statement in response to Securities and Exchange Commission Chair Paul Atkins announcing a new board for the Public Company Accounting Oversight Board. Warren criticised Atkins’ approach to investor protections and characterised the new PCAOB board appointees as “industry players and Trump loyalists” joining a body created to oversee auditors after the Enron scandal. She said Congress would monitor whether the new board carries out its mandate or instead “protects the interests of Trump’s Wall Street friends.”