Oct 20 2003



Sen. Richard C. Shelby (R-Ala.) has announced the second in a series of hearings on Terror Financing. The hearing is scheduled for 10:00 A.M. in Dirksen 538, on Wednesday, October 22nd. It will feature testimony from experts who represent views from across the spectrum of Counterterrorism. Foremost among them is Mr. Richard A. Clarke, former Deputy National Security Advisor for Combating Terrorism in the National Security Council. Mr. Clarke has broad experience that includes leading the NSC’s efforts in tracking terror funds since the early 1990's.

Also testifying will be Dr. Louise Richardson, the Executive Dean of the Radcliffe Institute of Advanced Study at Harvard University. Dr. Richardson has studied the interaction and alignment of terror organizations throughout the world. Dr. Jean-Charles Brisard, CEO of JCB Consulting will also testify. Dr. Brisard has been the lead investigator for a group representing the families of victims of the terror attacks of 9-11 and has done considerable work tracing the flow of terror money in support of the attack. Also testifying will be Mr. Matthew Levitt, a Senior Fellow at the Washington Institute of Near East Policy. Mr. Levitt is a former Special Agent with the Federal Bureau of Investigation and has studied and written extensively on the practical and conceptual difficulties in tracing the origin, use and disposition of funds of terror organizations.

This hearing is part of the Banking Committee’s comprehensive review of all aspects of Terror Financing. Subjects will include implementation of Title III of the USA PATRIOT Act; methods and means of terror financing; the relationship and cooperation of the various Executive Departments and agencies in countering terror financing; the cooperation of the international community; and, privacy and civil liberties issues. The Committee's year-long study of the financing of international terrorism will produce a report, reflecting its hearings, for release next year.

Click here to visit the Senate Banking Committee's website.