Terrorist Groups Lose Ground in Raising Funds, United States Says- U.S. Department Of State

Terrorist Groups Lose Ground in Raising Funds, United States Says- U.S. Department Of State: "Terrorist Groups Lose Ground in Raising Funds, United States Says
Treasury's Levey says U.S. keeps pressure on Syria to curb terror financing
Terrorist organizations such as al-Qaida and HAMAS are finding it increasingly difficult to raise and move money around the globe, a top U.S. Treasury Department official says.
In May 4 congressional testimony, Under Secretary for Terrorism and Financial Intelligence Stuart Levey said Bush administration efforts to find and destroy terrorist funding networks are forcing terror groups out of formal financial systems and into 'riskier' conduits such as cash smuggling."