From www.accountingtoday.com: (US context) Under the Trump administration, accountants can expect a lighter regulatory approach from the Public Company Accounting Oversight Board (PCAOB) and the Securities and Exchange Commission (SEC), with potential rollbacks of existing rules and the possible absorption of the PCAOB into the SEC.

The SEC has already rescinded specific standards and plans to focus more on industry-friendly regulations, reflecting a shift in enforcement priorities.