US effort to curb China’s and Russia’s access to advanced computer chips ‘inadequate,’ report finds [Video]

WASHINGTON – The Commerce Department’s efforts to curb China’s and Russia’s access to American-made advanced computer chips have been “inadequate” and will need more funding to stymie their ability to manufacture advanced weapons, according to a report published Wednesday by the Senate’s Permanent Subcommittee on Investigations.

The Biden administration imposed export controls to limit the ability of China and Russia to access U.S.-made chips after Russia’s invasion of Ukraine nearly three years ago.

The agency’s Bureau of Industry and Security, according to the report, does not have the resources to enforce export controls and has been too reliant on U.S. chip makers voluntarily complying with the rules.

But the push for bolstering Commerce’s export control enforcement comes as the incoming Trump administration says it is looking to dramatically reduce the size and scope of federal government. President-elect Donald Trump has tapped entrepreneurs Elon Musk and Vivek Ramaswamy to lead a new “Department of Government Efficiency”to dismantle parts …