Who we are
FCA established its OIG in 1989 as a result of the Inspector General Act of 1978, as amended (IG Act), which established specific responsibilities and authorities for all federal inspectors general. FCA’s inspector general is appointed by the FCA board without regard to political affiliation and solely on the basis of integrity and demonstrated ability in accounting, auditing, financial analysis, management analysis, investigations, law, or public administration.
While OIG is under the general supervision of the FCA board, it operates with independent personnel and contracting and budget authority. FCA’s inspector general reports both to the FCA board and to Congress.
To learn about OIG's current goals and strategies, see its Strategic Plan (PDF).
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- Our Mission
- To provide independent oversight to promote economy, efficiency, and effectiveness, and prevent and detect fraud, waste, and abuse in Farm Credit Administration programs and operations
- Our Vision
- To facilitate continuous improvement through objective and trusted oversight
- Our Values
- Objectivity, Integrity, Relevance, and Respect
- Our Goals
- Promote economy and efficiency
- Prevent and detect fraud, waste, and abuse
- Strengthen internal and external relationships
- Foster a dynamic and inspiring workplace
- Our Mission
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Nick Novak was designated as acting inspector general of the Farm Credit Administration in October 2024. He is responsible for independent oversight of FCA’s programs and operations. Mr. Novak also serves as the inspector general of the Pension Benefit Guaranty Corporation where he was appointed inspector general on January 17, 2021, by PBGC’s board of directors after serving as deputy inspector general since November 2017. Mr. Novak has over 37 years of federal experience, most of it within the inspector general community. He also served for nearly seven years as a forensic auditor at the Department of Justice where he was assigned to cases within the Fraud and Public Corruption Section at the District of Columbia U.S. Attorney’s Office. He earned a Bachelor of Science in accounting from the University of Maryland in 1976 and is a certified public accountant.
