April 7, 2010
Assistant Secretary for Terrorism and Financial Intelligence
David S. Cohen
Remarks to the Washington Institute for Near East Policy
As Prepared for Delivery
Good afternoon. I want to thank the Washington Institute for Near East Policy for
inviting me to speak today. It is a great privilege to have the opportunity to offer my
voice to the exchange of views fostered by this distinguished institution.
Before I begin, I want to offer my special thanks to Matt Levitt and Mike Jacobson
for facilitating this event. As many of you know, Matt and Mike each spent several
years doing outstanding work in Treasury's Office of Intelligence and Analysis. We
at Treasury remain grateful for their service, and the Washington Institute has been
fortunate to benefit these past few years from their insightful and innovative
scholarship on critical issues relating to terrorism and terrorist financing.
As you know, the Treasury Department's Office of Terrorism and Financial
Intelligence, referred to as TFI, plays a unique role in U.S. national security.
As I stand before you today, TFI is contributing to work on a new, robust set of
sanctions against the Government of Iran; ensuring compliance with the letter and
spirit of U.N. Security Council Resolutions regarding North Korea's nuclear
program; assisting the courageous Calderon Administration in targeting the
financial networks of violent drug trafficking organizations in Mexico; and
committing substantial resources to combating illicit finance in Afghanistan and
Pakistan, as we work to disrupt the money flows that support al Qaeda, the Taliban
and other extremist groups.
In short, we are active on many fronts--here at home, and around the world--to
foster a well-regulated, transparent and secure financial system, one that is
inhospitable to money laundering, terrorist financing and other forms of illicit
Today, I'd like to focus on TFI's work to disrupt and dismantle terrorist financing
networks. In pa