[codekilla]

Sure, and that's on the private funders to ensure they are getting what they pay for. Google pays for plenty of research--since they are the payee, it's their responsibility to ensure it's accuracy to whatever degree satisfies them. Institutions like the FDA are supposed to regulate private research when it comes to market (.i.e pharmaceuticals and the like). Whether or not the FDA and related agencies are effective is a different, but just as important question. Taxpayers desperately need a formal, funded system to verify the science they are paying for--particularly for biomedical research where the incentives for fraud are so high.

[bumby]

I think that's reasonable for the "institutional review" aspect of the OP. But regarding the "peer review" aspect, I don't think it works, at least in the bulk of the current framework. Peer-review is typically performed by separate organizations, independent of the funding organization. To expect a national-level organization to essentially take over the duties of peer-review journals is a very big ask (not in small part because the current system benefits from free labor from the reviewers).

[codekilla]

> To expect a national-level organization to essentially take over the duties of peer-review journals is a very big ask

Fair, but what is the alternative that would actually work? What is the budget of all of the journals compared to the NSF+NIH? Is medical research that is true, and certainly actionable worth as much as an F whatever fighter jet? People will have to decide.