Grassley Plans Hearing to Address Terrorism Financing
Hearing: The Treasury Department and Terrorism Financing
Date: Wednesday, May 19, 2004
Time: 10 a.m. (ET)
Location: 215 Dirksen Senate Office Building
Description: Terrorism financing is one of the most important battles in the war on terrorism. Without funding, terrorists cannot pay for their infrastructure such as training camps,travel, bribes to corrupt governments, fraudulent documents, and weapons. Terroristfinancing is also an important indicator for government officials trying to learnterrorists’ plans and prevent their attacks. The money trail is crucial for investigatingterror attacks after they occur or other crimes committed by terrorists.Since the initial response to terrorist financing, Sen. Chuck Grassley, chairman of theSenate Committee on Finance, has been concerned about the Treasury Department's actions.
The purpose of the hearing is to:
1. Learn the status of the war on terrorism financing, how successful the UnitedStates government has been to date, and what challenges remain.
2. Learn what the Treasury Department needs to do internally in its organization,structure, resources and focus to combat terrorism financing, and learn howeffectively the Treasury Department has battled terrorism financing.
3. Learn what is and should be the Treasury Department's role within the broaderUnited States government and international fight against terrorism financing.The hearing will be two-fold. First, the Committee will examine the issue ofterrorism financing and the Treasury Department’s role and performance incombating terrorism financing. The committee will hear from both the currentnominees and former government officials who dealt with terrorism financing.Second, the Committee will consider the Treasury Department nominations of JuanZarate to be Assistant Secretary for Terrorism Finance; and Stuart Levey to be UnderSecretary for Enforcement.
Joseph M. (Jody) Myers, former National Security Council official for Terrorism Financing;former Acting Deputy Assistant Secretary for Enforcement, U.S. Treasury Department;Counsel at Katten Muchin Zavis Rosenman, Washington, DC
Jonathan M. Winer, former Deputy Assistant Secretary of State for Internal LawEnforcement, Partner at Alston & Bird, Washington, DC
Juan C. Zarate, to be Assistant Secretary for Terrorism Finance, U.S. Department of theTreasury, Washington, DC
Stuart Levey, to be Under Secretary for Enforcement, U.S. Department of the Treasury,Washington, DC
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