Warren Demands New Review of Big Accounting-to-US Revolving Door

Sen. Elizabeth Warren (D-Mass.) and Rep. Pramila Jayapal (D-Wash.) blasted a recent report from a Treasury Department watchdog on a so-called revolving door between the Big Four and other top accounting firms and the government, demanding a retraction and a new review.

The two Democrats had requested the report after a 2021 New York Times article found dozens of employees at major accounting firms—PricewaterhouseCoopers, Ernst & Young, KPMG, Deloitte, and RSM—left to take senior tax policy positions at Treasury and the IRS, and then returned to the firms, often for raises and promotions.

The Office of Inspector General at the ...