Role of U.S. Treasury Intelligence

Running head : US TREASURY INTELLIGENCE

Role of US Treasury Intelligence

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Role of US Treasury Intelligence

Under the U .S . Department of Treasury , the Office of Terrorism and Intelligence has been created mainly for the purpose of aiding in the fight of the nation against terrorism . Notably , in carrying out terrorist activities , financial resources are an indispensable factor Aside from maintaining a workforce or training terrorists , they also need funds for supplies and equipments to fulfill their devilish plans Furthermore , terrorist groups also need

to secure the basic needs of their members . Hence , on the part of the government , the need to paralyze financial support is a good advantage over terrorist groups and it can largely contribute to curtailing terrorism

In combating terrorism and extremism in the financial aspect , the U .S Treasury Intelligence is tasked to safeguard the financial system from illicit use and to combat rogue nations , terrorist facilitators weapons of mass destruction proliferators , money laundering , drug kingpins , and other national security threats (U .S . Department of the Treasury , 2009 , n .p . In the War on Terror , the Treasury Department is responsible for making sure that the financial sources of the terrorist groups are frozen and stopped . It is also important to note that terrorist organizations build up affiliates and partners with business owners to increase their source of financial force . Terrorist organizations also engage in illegal activities like drug trafficking money laundering , and weapon smuggling . In all these kinds of activities , transactions through banks...