More than 20 years ago, in the wake of 9 11, treasury became the first finance ministry in the world to establish an office dedicated to disrupting the funding networks of terrorist organizations. Treasury's Office of Terrorism and Financial Intelligence, referred to as TFI, was created in recognition of the reality that America's financial system is essential to its national security. TFI's mandate to identify, disrupt and disable illicit foreign funds that threaten our homeland has become one of the Treasury's defining responsibilities. And today we are extending that abiding mission to meet an evolving threat. (01:31–01:46)
CLAIM
Asserts that TFI was created because America's financial system is crucial to national security.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
