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.
Overview
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......
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