Creates an independent Inspector General (IG) for the Executive Office of the President (EOP), bringing the EOP under the Inspector General Act and establishing rules for that IG’s duties, reports, and audits. It also adds special procedures that let the President restrict or delay IG access to audits or subpoenas that implicate confidential sources, intelligence/counterintelligence matters, or undercover operations, and it requires specific reviews of EOP classification practices.

Sets new reporting and audit requirements for the IG and the Council of Inspectors General on Integrity and Efficiency (CIGIE), requires two evaluations of how the EOP classifies information, makes technical changes to Title 5, and sets deadlines for appointing the IG and for delivering reports, audits, and evaluations.