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Hensarling Statement on State Department Admission That Payment to Iran Was Contingent on Release of Hostages
Aug 18, 2016 - Financial Services Committee Chairman Jeb Hensarling (R-TX) released the following statement on Thursday after the State Department admitted that the United States would not hand over $400 million in cash to Iran until it released four American hostages: “There’s a word for that. It’s called ransom.... More
ISIS Looting and Destroying Cultural Artifacts on ‘Unprecedented Scale’
Apr 19, 2016 - WASHINGTON – The Financial Services Task Force to Investigate Terror Financing held a hearing today to examine the best ways to counter the plunder and sale of priceless cultural antiquities by Islamic State terrorists. Such looting is occurring on an “unprecedented scale” and is generating signific... More
Terror Financing Task Force Examines Trading with the Enemy
Feb 3, 2016 - WASHINGTON – Terrorist groups and criminal organizations can exploit the international trade system to fund their activities with relatively low risk of detection, members of the Financial Services Task Force to Investigate Terror Financing said today during a hearing. Trade-based money laundering (... More

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Patrick McHenryChairman