Scott Bessent on Left-Wing Terrorism: We’re Mobilizing the Tools Deployed Against Terrorists Abroad to Confront This Threat Here at Home

EXCERPT:

BESSENT: “We have spent decades developing the world’s most sophisticated financial counterterrorism capabilities. And now we are mobilizing some of the same tools that we have deployed against terrorists abroad to confront this emerging threat here at home. Like every form of illicit finance, these networks rely on the global financial system. It is our mandate to deny terrorist groups access to those channels. Now, we think of nonprofits and charities as good, altruistic organizations, and most of them are. We think they represent the very best of civil society. Many of them do. But the very qualities that make these institutions worthy of the public’s trust can also make them appealing to those who endeavor to exploit them. At President Trump’s direction, Treasury is expanding its efforts to identify organizations that abuse charitable and nonprofit structures as vehicles for illicit finance.”