SEC Cuts PCAOB Budget by 9% for 2026
The SEC approved a 9% budget cut for the PCAOB, reducing it to $362.1 million. SEC Chair Paul Atkins emphasized fiscal discipline without compromising oversight.
The U.S. Securities and Exchange Commission (SEC) has approved significant funding cuts to the Public Company Accounting Oversight Board (PCAOB) for 2026. Announced on January 22, 2026, the budget reduction amounts to over 9% from the previous year's allocation, setting the new budget at $362.1 million.
