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PCAOB Grants Petition to Terminate Bar for James C. Budge

The PCAOB has granted a petition from James C. Budge to terminate a bar previously imposed on him. Budge was barred from being an associated person of a registered public accounting firm and fined $25,000 in December 2022 for audit deficiencies. This order allows Budge to associate with Richey May, LLP, subject to a one-year period of supervision.

VA Software License Management Challenges Require Further Action

The GAO has issued a statement for the Congressional Record regarding the Department of Veterans Affairs' (VA) software licensing practices. The report highlights challenges in tracking software licenses and managing restrictive licensing practices that impact cloud computing efforts, recommending further action by the VA.

GAO Report: IRS AI Use Lacks Skills, Data Quality, and Strategic Management

A GAO report released March 24, 2026, found that the IRS faces significant risks in its use of artificial intelligence due to staffing reductions, incomplete inventory of AI applications, and a lack of strategic management. The report highlights that the IRS may not have the necessary skilled workforce or a comprehensive plan to support its growing AI initiatives.

GAO Report on Institutional Investor Ownership of Single-Family Rental Homes

A GAO report released on March 24, 2026, examines institutional investor ownership of single-family rental homes in six metropolitan areas between 2018 and 2024. The report found an increase in the number of investor-owned homes, though the overall percentage of single-family homes owned by institutional investors remained low, between 1-3% in 2024.

Solar Geoengineering: Uncertainties and Governance Concerns

The GAO has released a report highlighting the uncertainties surrounding solar geoengineering technologies aimed at cooling the Earth. The report notes that while private companies are beginning to develop these methods, there is a lack of oversight and understanding of their environmental and public health effects, raising geopolitical and governance concerns.

GAO Report: IRS AI Use Inventory

The GAO has released a supplement detailing the IRS's use of artificial intelligence as of June 2025. The report, GAO-26-108418, supplements a previous report and lists 57 AI uses within the IRS, including for audit selection and taxpayer assistance.

FDA Advisory Committees: Transparency on Conflicts of Interest

The GAO reported that the FDA has not finalized guidance on determining financial conflicts of interest for its advisory committee members, nor does it publicly share how these decisions are made. This lack of transparency could affect the consistency and accountability of FDA decisions regarding drug and product evaluations.

GAO Report: Military Helicopter Operators Need Better Community Outreach

A GAO report released on March 23, 2026, found that military helicopter operators in the Washington, D.C. area have not consistently met Department of Defense requirements for community outreach regarding helicopter noise. The report recommends improved outreach to foster public understanding and acceptance of essential flights.

GAO Report Highlights U.S. Government Financial Management Problems

The GAO has released a report highlighting significant financial management problems within the U.S. government, particularly at the Department of Defense. These issues prevented the GAO from issuing an opinion on the consolidated financial statements for fiscal years 2025 and 2024.

Illinois Adult Use Cannabis Sales Figures Released Jan-Feb 2026

The Illinois Department of Financial and Professional Regulation (IDFPR) has released adult-use cannabis sales figures for January and February 2026. The report details total sales, in-state resident sales, and out-of-state resident sales, totaling over $215 million for the two-month period.