U.S. Treasury Official On Strategies To Disrupt ISIS's Finances
As the U.S. and coalition groups escalate airstrikes against ISIS oilfields and production facilities, another strategy is also underway: targeting the group’s multiple sources of revenue.
ISIS may be the richest terrorist organization in the world, according to the U.S. government, and it has diversified how it gets that money, including extortion, looting and selling oil.
Here & Now’s Indira Lakshmanan talks with Adam Szubin, acting undersecretary for terrorism and financial intelligence at the U.S. Department of the Treasury, about what the U.S. is doing to disrupt ISIS’s funding.
Szubin says that the key to weakening and ultimately destroying the group is to not just target its revenue but its ability to spend money in its territories.
- Adam Szubin, acting undersecretary for terrorism and financial intelligence at the U.S. Department of the Treasury.
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