He just spent 4 mins describing the past 75 years of the CIA. https://t.co/33PtINtG8A
— ColonelTowner-Watkins (@ColonelTowner) July 16, 2026
The unified front between International Marxism and radical Islamic movements need not share the same ultimate vision to share the same immediate enemy of free and self-governing societies. That convergence should concern every government represented in this room. These terrorists understand an enduring truth. Societies are rarely subverted from afar until they have first then weakened from within. So as it tears at the social fabric that allows our societies to function, left-wing terrorism is the visible manifestation of a much broader and more Insidious effort to undermine the philosophies that built Western Civilization and sustain all we hold dear. Some of these activities are overt: bombings, assassinations, and organized violence in our streets. Others are quieter: campaigns to suppress speech, intimidate political opposition, and sabotage our national institutions. Of course, whatever form they take none of these attacks sustain themselves. Violence requires money, channels through which funding can move and institutions behind which it can hide. Increasingly legitimate non-profit and charitable structures are being exploited as a mechanism to conceal the movement of illicit funds to support political terrorism. For Treasury, the application of our authorities to combat these networks represents the natural Evolution of our mission. Through our Office of Foreign Assets Control, the Financial Crimes Enforcement Network, and IRSCI, we have spent decades developing the world's most sophisticated financial counter-terrorism 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 non-profits 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 non-profit structures as vehicles for illicit finance. We are examining where tax exempt status has been exploited; where charitable entities have become financial conduits for foreign influence activity and how those entrusted with stewardship of these organizations have instead enabled violence. Where the evidence leads, we will not hesitate to follow. And, of course, we will hold these organizations, officers, directors accountable. And just as financial institution must know their clients, they must know their grantees. That work is well underway. In the fall, the United States designated 4tfar-left Antifa extremist groups abroad as foreign terrorist organizations, denying them access to the US financial system and depriving them of resources they need to carry out attacks. Meanwhile, in this Administration alone, OFAC has also sanctioned 17 sham charities and non-profit organizations for funding Hamas's terrorist activities and operations. As Treasury continues to map and disrupt the flow of funding that enables these entities to operate, no terror organization should delude itself into the belief that its financing lies beyond our reach. No facilitator should assume that anonymity . . .
