Coming up Wednesday

Wildfires burn through Colorado causing thousands to evacuate, and protests in Turkey are in 13th day. Tune in at 7am ET.
May 18th, 2012
10:54 AM ET

Where are terrorist organizations receiving their funding? Rep. Meehan weighs in

Congress will be setting aside it's own budget woes this morning to take a look at the funding of another organization's finances – Al Qaeda.

The  Counterterrorism Subcommittee, chaired by Rep. Patrick Meehan, is holding a hearing today to examine the funding of terrorist networks and to investigate how the U.S. can trace money to foil future plots.

Rep. Meehan joins Starting Point today to explain the purpose of the hearing, saying, "the schemes that are being used are what we need to be able to identify, as [terrorist organizations] have changed their tactics."

When asked about where the majority of terrorist funding comes from, Meehan responds that "the most critical organization is Iran and the support of their proxies like Hezbollah." However, Meehan acknowledges that sanctions are "making it difficult for Iran to have the excess cash to send around" to those networks.

Filed under: Terrorism
soundoff (No Responses)

Post a comment


CNN welcomes a lively and courteous discussion as long as you follow the Rules of Conduct set forth in our Terms of Service. Comments are not pre-screened before they post. You agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Service.