The Under Secretary for Terrorism and Financial Intelligence
is a position within the United States Department of the Treasury
responsible for directing the Treasury's efforts to cut the lines of financial support for terrorists, fight financial crime, enforce economic sanctions against rogue nations
, and combat the financial support of the proliferation of weapons of mass destruction
. The Under Secretary is appointed by the President
and confirmed by the Senate
The current Under Secretary is Stuart A. Levey
, who has served since July 21, 2004, when he was appointed by President George W. Bush
, confirmed on July 21, 2004. In 2009, President Barack Obama
announced that Levey would continue to serve in that position.
The Office of Terrorism and Financial Intelligence is one of sixteen agencies in the United States Intelligence Community
The Under Secretary heads the Office of Terrorism and Financial Intelligence (TFI). Both were created when the administration of President Bush
announced on May 8, 2004, that the Executive Office of Terrorist Financing and Financial Crimes (TFFC), the Financial Crimes Enforcement Network
(FinCEN), the Office of Foreign Assets Control
(OFAC), and allocated resources from the Treasury Department would be brought under the new office's control. The Under Secretary for Terrorism and Financial Intelligence also possesses oversight of the Office of......