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Greg Bensinger, a press aide for the Campaign Finance Board, said that Mr. Davis's campaign was being audited but that such audits were routine and not the result of any alleged wrongdoing.
The number of such audits fell sharply again last year.
He said he did not know how often such audits are conducted.
Another partner, Robert Kutsenda, retired after the S.E.C. barred him from doing such audits.
HUD required such audits and lenders were expected to address problems.
Mr. Rangel's proposal would end any such audits involving years before 2004.
Such audits and investigations are frequent, and advance notice of the final reports is common.
One issue with such audits that emerged in the board report was compliance with independence rules.
Without confirming or denying the investigation, Ms. Nantel said such audits were part of the agency's stepped-up enforcement.
Food industry experts and insiders interviewed by the authors mostly cited increased efficiency a the benefit of such audits.
Officials said they were picking up the pace of such audits, after performing 503 of them in 2008.
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CEO of Professional Science Editing for Scientists @ prosciediting.com