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Brought to you by the Council of the Inspectors General on Integrity and Efficiency
Federal Reports
Report Date
Agency Reviewed / Investigated
Report Title
Type
Location
U.S. Agency for International Development
Financial Closeout Audit of USAID Resources Managed by Invisible Children Inc. in Multiple Countries Under Cooperative Agreement 7260518CA00001, October 13, 2017, to March 30, 2023
Over recent decades, the United States has seen a decline in its leadership in semiconductor chip manufacturing and research. To counter this and strengthen domestic semiconductor production and innovation, Congress passed the CHIPS Act of 2022.
The CHIPS Act provides $50 billion to the Department of Commerce to support semiconductor research, development, innovation, and manufacturing, along with authorization for up to $75 billion in direct loans and loan guarantees. The National Institute of Standards and Technology (NIST) oversees the Department’s CHIPS program.
This report provides the status of CHIPS Act programs for the period August 9, 2022, to January 31, 2025, and makes no recommendations. It describes the actions taken by the CHIPS Program Office (CPO) and the CHIPS Research and Development Office CRDO), which are the two NIST offices responsible for implementing the semiconductor incentive programs and research and development initiatives, respectively.
As of January 31, 2025, CPO has made 20 awards for up to $33.7 billion in direct funding and up to $5.5 billion in loans, and CRDO has awarded almost $8.3 billion to operate the National Semiconductor Technology Center and to fund research projects to bring new CHIPS technology to the commercial market.
This report was issued from a series of six reports taking an in-depth look at how six communities used the pandemic funding they received to address a wide range of needs. This report focused on Jicarilla Apache Nation Reservation in New Mexico with a detailed look at six of the 42 pandemic programs that provided funding to the community. This report was led by the Pandemic Relief Accountability Committee (PRAC) in coordination with HUD OIG as a project participant as well as additional Federal OIGs.
I am pleased to submit the Amtrak Office of Inspector General Semiannual Report to the United States Congress for the six months ending March 31, 2025, which summarizes our independent and objective reviews and investigations related to Amtrak’s programs and operations.
