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Regulatory Roundup: Aug. 19-25

CBO

Blog Post
An Update About CBO's Projections of the Budgetary Effects of Tariffs
August 22, 2025
As tariffs changed frequently throughout 2025, CBO has regularly updated the Congress about projected tariff revenues; this blog post is the latest in that series.

Cost Estimate
S. 610, Ensuring VetSuccess On Campus Act of 2025
August 20, 2025
As ordered reported by the Senate Committee on Veterans’ Affairs on July 30, 2025

Cost Estimate
S. 854, Risky Research Review Act
August 20, 2025
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on July 30, 2025

Report
Emissions of Greenhouse Gases in the Agriculture Sector
August 19, 2025
CBO provides an overview of the main components of greenhouse gas emissions from agriculture, recent trends in those emissions, and projections of future emissions.

Cost Estimate
H.R. 1809, Great Lakes Fishery Research Reauthorization Act
August 19, 2025
As ordered reported by the House Committee on Natural Resources on July 15, 2025

Cost Estimate
H.R. 2250, National Landslide Preparedness Act Reauthorization Act of 2025
August 19, 2025
As ordered reported by the House Committee on Natural Resources on June 25, 2025

Cost Estimate
H.R. 3705, Fog Observations and Geographic Forecasting Act
August 19, 2025
As ordered reported by the House Committee on Science, Space, and Technology on June 11, 2025

Cost Estimate
S. 190, North Pacific Research Board Enhancement Act
August 19, 2025
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on May 21, 2025

Blog Post
Coming Soon From CBO: Selected Reports and Analyses
August 18, 2025
CBO announces the release schedule for several publications next month that provide updated information on the federal budget, demographic trends, and the short-term economic outlook.

Cost Estimate
H.R. 2965, Small Business Regulatory Reduction Act of 2025
August 18, 2025

As reported by the House Committee on Small Business on May 21, 2025

Cost Estimate
H.R. 2968, Business over Ballots Act
August 18, 2025
As ordered reported by the House Committee on Small Business on April 30, 2025

Cost Estimate
H.R. 3427, Water Resources Technical Assistance Review Act
August 18, 2025
As ordered reported by the House Committee on Transportation and Infrastructure on June 11, 2025

Cost Estimate
H.R. 4058, Enhancing Stakeholder Support and Outreach for Preparedness Grants Act
August 18, 2025
As ordered reported by the House Committee on Homeland Security on June 25, 2025

Cost Estimate
S. 233, Restoring Confidence in the World Anti-Doping Agency Act of 2025
August 18, 2025
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on June 25, 2025

Cost Estimate
S. 848, Reporting Efficiently to Proper Officials in Response to Terrorism Act of 2025
August 18, 2025
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on July 30, 2025

Cost Estimate
S. 850, Northern Border Security Enhancement and Review Act
August 18, 2025

As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on July 30, 2025

FAF

Financial Accounting Foundation Trustees Reappoint Jacqueline Reck to the Governmental Accounting Standards Board (GASB)

August 19, 2025

FAF Trustees Reappoint Frederick L. Cannon to the Financial Accounting Standards Board (FASB)

August 19, 2025

Financial Accounting Foundation Names New Board Chair and New Executive Director

August 19, 2025

FASB

August 25, 2025
August 19, 2025

August 19, 2025

GAO

GAO-25-107294
Published: Jul 24, 2025 . Publicly Released: Aug 25, 2025 .

We were asked to provide information about authorizations and appropriations relevant to the Consolidated Appropriations Act, 2023. Authorizations are laws that establish or continue the operation of a federal program or agency. Some authorizations include an authorization of appropriations, which sanctions a particular type of spending within a program. But authorizations of appropriations aren’t required. We identified authorizations and authorizations of appropriations relevant to the...

Criminal Investigators:
Program-Wide Evaluations and Clear Oversight Responsibilities Could Enhance Training Programs
GAO-25-107063
Published: Aug 22, 2025 . Publicly Released: Aug 22, 2025 .
Military criminal investigators work on serious, complex crimes—including homicides and sexual assaults. Congress raised questions about military criminal investigators after reports of insufficient training and experience. We reviewed training for criminal investigators in the Army, Navy, Air Force, and Coast Guard. Investigators must complete federal and service-specific investigative training. However: The services don’t track whether all the training is completed and don’t evaluate overall training...

Aviation Workforce:
Contributions and Characteristics of Selected Airport Workers
GAO-25-107678
Published: Aug 21, 2025 . Publicly Released: Aug 21, 2025 .
Airport service workers perform jobs both outside and inside airport terminals, like loading bags on planes, selling food, and cleaning. Government surveys show that these workers were generally better off economically than workers in the same jobs in other industries. About 7% of airport service workers lived below the poverty line compared to 15% of workers in the same jobs in all other industries. But...

Tobacco Taxes:
Federal Revenue Implications of Tax Rate Differences and Drawback Refunds
GAO-25-107903
Published: Aug 20, 2025 . Publicly Released: Aug 20, 2025 .
Pipe tobacco and some large cigars are taxed at lower rates than cigarettes, roll-your-own tobacco, and small cigars. As a result, the federal government is not collecting the revenue it would if taxes were the same for these smoking tobacco products. For example, the government could raise at least an additional $1.5 billion over 5 years if tax rates for pipe tobacco and roll-your-own tobacco...

Export-Import Bank:
Monitoring of Exports with Dual Military and Civilian Uses as of 2025
GAO-25-108524
Published: Aug 20, 2025 . Publicly Released: Aug 20, 2025 .
The Export-Import Bank's mission is to support U.S. jobs by facilitating U.S. exports through loans, loan guarantees, and insurance. According to its policy, the Bank generally cannot finance defense goods and services unless they are nonlethal and primarily used for civilian rather than military purposes. The Bank monitors these "dual-use" items to ensure they are used mostly for civilian purposes. We report each year on...
 
Priority Open Recommendations:
Department of the Treasur
y
GAO-25-108067

Published: Aug 12, 2025 . Publicly Released: Aug 19, 2025 .

GASB

August 19, 2025

August 19, 2025

August 18, 2025

IASB

July 2025 Accounting Standards Advisory Forum meeting summary now available
22 Aug 2025

IASB issues amendments to IFRS 19 to complete catch-up work
21 Aug 2025

New member of Global Preparers Forum brings insurance expertise
19 Aug 2025

IRS

IR-2025-86, Aug. 21, 2025 — The Internal Revenue Service today issued frequently asked questions (FAQs) in Fact Sheet 2025-05 relating to the modification of sections 25C, 25D, 25E, 30C, 30D, 45L, 45W, and 179D under the One, Big, Beautiful Bill Act (OBBB). Please provide a preview link when available.

IR-2025-85, Aug. 21, 2025 — The IRS invites the public to participate in an anonymous feedback survey on tax preparation and filing options, which will run through Sept. 5, 2025.

PCAOB

2025-108

Washington D.C., Aug. 21, 2025 — The Securities and Exchange Commission today announced that Judge Margaret “Meg” Ryan has been named Director of the Division of Enforcement, effective Sept. 2, 2025. Acting Director of Enforcement Sam Waldon will return to his previous role as Chief Counsel for the Division.

TIGTA