US needs to activate investigation into terrorist financing that Obama killed
Washington Free Beacon:
The Trump administration needs to significantly rebuild and expand law enforcement agencies' ability to target and take down terrorist financing networks after President Obama systematically disbanded the work in an attempt to ease relations with Iran for the nuclear deal, according to former senior U.S. officials with decades of experience in the field.This is another example of the harm Obama did to US and allied national security by pursuing his bad deal with Iran. For some weird reason, the left and its media cohorts are antsy about going after terrorist financing as a means to defeat the enemy. During the Bush administration, the NY Times actually published a story about one of the more successful means of tracing terrorist financing and of course they quit using it.
There was a mass exodus of top officials who spent years trying to bolster the U.S. government's ability to target these terrorist networks' illicit financing after the Obama administration dismantled their investigative units over the past several years, these experts say.
Trump now has a chance to reconstruct and redouble economic warfare against terrorist entities tied to Iran and others, but both Congress and the White House need to devote the necessary resources to do it.
Hezbollah, an Iranian terrorist organization based in Lebanon, has morphed into a transnational criminal terrorist organization over the last decade, fueled by a large and global illicit financial and business apparatus relying on cocaine and heroin trafficking and partnerships with Latin American drug cartels to fund its activities, the experts told the House Foreign Affairs Committee Thursday.
To weaken and take down Hezbollah and other terrorist groups, the FBI, Immigration and Customs Enforcement (ICE), Customs and Border Protection, and the Secret Service need more resources to tackle the financial backbone of these groups.