Anti-Terrorist Financing
One of the most daunting issues we face in the current global political reality is halting the flow of dollars illegally making their way to terrorist organizations around the world. While Congress has taken significant steps towards improving our ability to monitor and disrupt the financing of terrorist activities, terrorists' proven track record of moving money through innovative means requires that we make further progress in this critical counterterrorism area.
As a member of the House Committee on Financial Services, Congressman Lynch is particularly concerned with tracking and halting the flow of funds to terrorist groups. Congressman Lynch is the Democratic Chairman of the bipartisan Task Force on Terrorism and Proliferation Financing. The main goal of the task force is to strengthen our national anti-terrorist finance strategy by holding hearings and roundtable discussions involving security and finance experts, as well as representatives from the Departments of State, Treasury and Justice. The task force also educates Members of Congress and their staff on the status of national and international efforts to track and stop the flow of funds to terrorist groups.
In addition, as a member of the House Committee on Oversight & Government Reform, Congressman Lynch has also conducted direct oversight of issues pertaining to terrorist financing and money laundering activities through his continued leadership of bipartisan Congressional Delegations to the Middle East and other areas. In particular, Congressman Lynch has examined efforts to combat terrorist financing in Afghanistan in the context of the developing Afghan banking system and has reviewed the role of regional anti-money laundering and anti-terrorism banking regulations in relation to the stabilization of the Gaza Strip banking sector. Moreover, Congressman Lynch has also examined the progress of recently-established anti-terrorist financing and anti-money laundering offices, also known as Financial Intelligence Units, in Jordan and Morocco.
As a member of the House Committee on Financial Services, Congressman Lynch is particularly concerned with tracking and halting the flow of funds to terrorist groups. Congressman Lynch is the Democratic Chairman of the bipartisan Task Force on Terrorism and Proliferation Financing. The main goal of the task force is to strengthen our national anti-terrorist finance strategy by holding hearings and roundtable discussions involving security and finance experts, as well as representatives from the Departments of State, Treasury and Justice. The task force also educates Members of Congress and their staff on the status of national and international efforts to track and stop the flow of funds to terrorist groups.
In addition, as a member of the House Committee on Oversight & Government Reform, Congressman Lynch has also conducted direct oversight of issues pertaining to terrorist financing and money laundering activities through his continued leadership of bipartisan Congressional Delegations to the Middle East and other areas. In particular, Congressman Lynch has examined efforts to combat terrorist financing in Afghanistan in the context of the developing Afghan banking system and has reviewed the role of regional anti-money laundering and anti-terrorism banking regulations in relation to the stabilization of the Gaza Strip banking sector. Moreover, Congressman Lynch has also examined the progress of recently-established anti-terrorist financing and anti-money laundering offices, also known as Financial Intelligence Units, in Jordan and Morocco.
