Trusted Foreign Auditing Act of 2025
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- House
- Sponsor
- 1
- Latest action
- Jul 22, 2025
What it does
The Trusted Foreign Auditing Act of 2025 would amend the Sarbanes-Oxley Act of 2002 to require disclosure and impose trading prohibitions on U.S. issuers headquartered in countries of concern that retain auditors compromised by foreign government influence. It defines a "compromised auditor" as a foreign branch or office of a registered public accounting firm subject to the jurisdiction, control, or influence of a covered country—identified as a national security threat by the Director of National Intelligence or defined under military law—and prohibits trading in securities of covered issuers that use such auditors. The bill also modifies public hearing rules under Sarbanes-Oxley to allow…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
While a bill can still move, the questions are about people and money.