View source for Office of Terrorism and Financial Intelligence

{{Short description|United States government agency}}{{Infobox government agency
| seal            = Seal of the United States Department of the Treasury.svg
| seal_size       = 120px
| seal_caption    = Seal of the United States Department of the Treasury
| jurisdiction    = [[Executive branch of the United States]]
| employees       = 1000
| parent_department = [[United States Department of the Treasury|U.S. Department of the Treasury]]
| website         = https://home.treasury.gov/about/offices/terrorism-and-financial-intelligence
}}

The '''Office of Terrorism and Financial Intelligence''' ('''TFI'''), formed in 2004,<ref name="Cohen04022014">{{cite web|title=Testimony of Under Secretary Cohen before the Senate Subcommittee on Financial Services and General Government |date= 2 April 2014|url= https://www.treasury.gov/press-center/press-releases/Pages/jl2341.aspx |publisher= the U.S. Department of the Treasury|access-date=10 January 2017}}</ref> is an agency of the [[United States Department of the Treasury]]. TFI works to reduce the use of the financial system for illicit activities by terrorists (groups and state-sponsored), money launderers, [[drug lord|drug cartels]], and other national security threats.

The Office of Terrorism and Financial Intelligence is headed by the [[Under Secretary of the Treasury for Terrorism and Financial Intelligence]] who is appointed by the [[President of the United States|president]] and confirmed by the [[United States Senate|Senate]]. The position was vacant after the departure of [[Sigal Mandelker]] in October 2019. In December 2021, [[Brian E. Nelson]] was confirmed by the Senate in a 50-49 vote as the next Under Secretary.<ref name="confirmvote">{{cite web |title=On the Nomination (Confirmation: Brian Eddie Nelson, of California, to be Under Secretary for Terrorism and Financial Crimes) |url=https://www.senate.gov/legislative/LIS/roll_call_votes/vote1171/vote_117_1_00474.htm |website=US Senate |access-date=12 February 2022}}</ref>

TFI oversees the [[Office of Terrorist Financing and Financial Crimes]], the [[Office of Intelligence and Analysis (Treasury Department)|Office of Intelligence and Analysis]], the [[Office of Foreign Assets Control]], the [[Financial Crime Enforcement Network]] and the [[Treasury Executive Office for Asset Forfeiture]].<ref>{{Cite web|title = Terrorism and Financial Intelligence|url = https://home.treasury.gov/about/offices/terrorism-and-financial-intelligence|website = www.treasury.gov|access-date = 8 July 2015}}</ref>

The U.S. Treasury Department is the only national finance ministry with its own in-house intelligence agency, with offices around the world, including [[Islamabad]] and [[Abu Dhabi]].<ref>{{cite news|last1=Liberto|first1=Jennifer|title=Treasury's quiet war|url=https://money.cnn.com/2010/02/16/news/international/Treasury_intelligence_office/|access-date=8 July 2015|work=CNN|date=16 February 2010}}</ref>

==History ==
The TFI was founded in 2004. Its first Under Secretary was [[Stuart A. Levey]] who was sworn in on July 21, 2004. He was a political appointee of President George W. Bush and President Obama asked Levey to remain in the position. Levey served until March 2011 and was succeeded by [[David S. Cohen (attorney)|David S. Cohen]] on June 30, 2011. He left the position on February 9, 2015, and was succeeded by [[Adam J. Szubin]] who acted in the position from April 16, 2015, to February 13, 2017. [[Sigal Mandelker]] was nominated for the position by President [[Donald Trump]] in March 2017, and confirmed by the Senate on June 21, 2017.<ref>{{Cite web|url=https://www.congress.gov/nomination/115th-congress/172|title=PN172 - Nomination of Sigal Mandelker for Department of the Treasury, 115th Congress (2017-2018)|date=21 June 2017}}</ref> <ref>{{Cite news|url=https://www.bloomberg.com/news/articles/2019-10-02/trump-s-top-sanctions-official-departing-for-private-sector|title = Trump's Top Sanctions Official Departing for Private Sector|newspaper = Bloomberg.com|date = 2 October 2019}}</ref> The position was vacant after Mandelker's departure in October 2019.

On May 26, 2021, President [[Joe Biden]] nominated Nelson to serve as [[Under Secretary of the Treasury for Terrorism and Financial Intelligence]].<ref>{{Cite web|date=2021-05-26|title=President Biden Announces More Key Administration Nominations|url=https://www.whitehouse.gov/briefing-room/statements-releases/2021/05/26/president-biden-announces-more-key-administration-nominations-2/|access-date=2021-05-28|website=The White House|language=en-US}}</ref> On June 22, 2021, the [[United States Senate Committee on Banking, Housing, and Urban Affairs|Senate's Banking Committee]] held hearings on Nelson's nomination. The committee deadlocked on his nomination on October 5, 2021, in a [[party-line vote]].<ref>{{cite web |title=PN604 — Brian Eddie Nelson — Department of the Treasury 117th Congress (2021-2022) |url=https://www.congress.gov/nomination/117th-congress/604?q=%7B%22search%22%3A%5B%22nelson%22%2C%22nelson%22%5D%7D&s=1&r=3 |website=US Congress |access-date=12 February 2022}}</ref> The entire Senate discharged his nomination from the committee on October 19, 2021, in a 50-49 vote.<ref>{{cite web |title=On the Motion to Discharge (Motion to Discharge: Brian Eddie Nelson to be Under Secretary for Terrorism and Financial Crimes, from the Committee on Banking, Housing, and Urban Affairs) |url=https://www.congress.gov/nomination/117th-congress/604?q=%7B%22search%22%3A%5B%22nelson%22%2C%22nelson%22%5D%7D&s=1&r=3 |website=US Senate |access-date=12 February 2022}}</ref> On December 2, 2021, Nelson was confirmed by the Senate in a 50-49 vote.<ref name="confirmvote" />

== References ==
{{Reflist}}

==External links==
*{{official website|1=https://www.treasury.gov/about/organizational-structure/offices/Pages/Office-of-Terrorism-and-Financial-Intelligence.aspx |2=Treasury Office of Terrorism and Financial Intelligence}}

{{US Treasury agencies}}
{{Intelligence agencies of USA}}
{{National intelligence agencies}}
{{Authority control}}

[[Category:United States Department of the Treasury agencies|Terrorism and Financial Intelligence]]
[[Category:Anti-money laundering organizations]]
[[Category:Intelligence analysis agencies]]
[[Category:United States intelligence agencies]]