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      FEC holds hearing on improving audit procedures

Press ReleaseFEC holds hearing on improving audit proceduresFebruary 14, 2023 WASHINGTON – The Federal Election Commission today heard testimony from five campaign finance law experts on ways to improve its policies and processes regarding the auditing of political committees that do not receive public funds. The hearing, along with public comments, will help inform the Commission as it considers potential changes to the audit program, including steps to streamline and simplify the process. The Commission last made substantial changes to its audit processes and procedures over a decade ago. “Today’s hearing and the comments submitted in advance were incredibly thoughtful and provided us with much needed insight on how the FEC can increase fairness, due process, efficiency, and the effectiveness of its auditing of political committees, and on how the audit function could best serve the Commission’s mission and enhance disclosure and compliance with the Federal Election Campaign Act,” said Chair Dara Lindenbaum. “Now, the Commissioners and our dedicated and professional agency staff will continue the work of incorporating public comments into our deliberations of whether and how to adjust internal directives and practices relating to the FEC’s audit functions.” The Commission heard testimony from and engaged in discussion with: Brian Svoboda, Perkins CoieAntoinette Fuoto, Perkins CoieErin Tibe, Sandler ReiffLorenzo Holloway, Holloway Law FirmAdav Noti, Legal Director, Campaign Legal Center “I’d like to thank the Chair for her leadership on this important issue, and the commenters and witnesses for their participation,” said Commissioner James E. “Trey” Trainor, III. “And I look forward to working with my colleagues on next steps to making improvements to the Commission’s audit procedures and processes.”
 The Federal Election Commission (FEC) is an independent regulatory agency that administers and enforces federal campaign finance laws. The FEC has jurisdiction over the financing of campaigns for the U.S. House of Representatives, the U.S. Senate, the Presidency and the Vice Presidency. Established in 1975, the FEC is composed of six Commissioners who are nominated by the President and confirmed by the U.S. Senate.
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Read next: Witnesses to testify at Feb. 14 hearing on FEC audit policies and processes
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This information is not intended to replace the law or to change its meaning, nor does this information create or confer any rights for or on any person or bind the Federal Election Commission or the public. The reader is encouraged also to consult the Federal Election Campaign Act of 1971, as amended (52 U.S.C. 30101 et seq.), Commission regulations (Title 11 of the Code of Federal Regulations), Commission advisory opinions and applicable court decisions.


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