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What about suspending the EU-US agreement on exchanging financial data to track terrorist funding?
"We have removed an ally of Al Qaeda, and cut off a source of terrorist funding.
As such testimony suggests, government agencies have often trumpeted their successes in tracking terrorist funding.
We've removed an ally of al Qaeda, and cut off a source of terrorist funding.
Give the FBI credit for rolling up terrorist networks and interdicting terrorist funding, but we also exaggerated the threat.
Britain is also seeking an agreement on preventing ransom payments in kidnappings, which it believes is now the major source of terrorist funding.
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Saudi Arabia was fertile ground for terrorist fund-raising.
"You know, the Bush doctrine — 'Feed a terrorist, arm a terrorist, train a terrorist, fund a terrorist, you're just as bad as a terrorist,' " he said.
But even so, there is still concern that American banks may become conduits for terrorist funds.
Some countries may send troops, others intelligence, while still others would cut off terrorist funds, he said.
However, Mr. O'Neill said he believed that in the past two months about $43 million in terrorist funds had been blocked.
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CEO of Professional Science Editing for Scientists @ prosciediting.com