The Assistant Secretary for Terrorist Financing is an office within the United States Treasury Department, tasked with formulating, coordinating, and executing the U.S. government's counterterrorism financing and anti-money laundering strategies. The office is positioned under the purview of the Undersecretary for Terrorism and Financial Crimes. Appointed by the President of the United States with Senate approval, this position directly responds to global counterterrorism efforts.
Established by U.S. Congress in 2004 amid the evolving post-9/11 security landscape, the office represents a proactive stance against the financial mechanisms that fuel terrorist activities worldwide. The Assistant Secretary for Terrorist Financing is involved in strengthening U.S. and international financial systems against abuse by terrorist networks, maintaining connections with foreign governments, international organizations, and private sector entities to promote coordinated global action.
Establishment and responsibilities
The office of Assistant Secretary for Terrorist Financing is statutorily responsible for "formulating and coordinating the counter terrorist financing and anti-money laundering efforts of the Department of the Treasury". It is subordinate to that of the Undersecretary for Terrorism and Financial Crimes and is appointed by the President of the United States, subject to the approval of the U.S. Senate. The office of Assistant Secretary for Terrorist Financing was established by the United States Congress in 2004.[2][3]
Previous officeholders
See also
References