Wyden: IRS Budget Cuts Will Damage Efforts to Crack Down on Hamas Funding via Fake Charities, Cryptocurrency and other Schemes

Press Release

Date: Oct. 31, 2023
Location: Washington, D.C.
Issues: Foreign Affairs

"The horrific terrorist attacks in Israel on October 7, which left more than 1,400 innocent Israelis and at least 30 Americans dead, thousands wounded, and hundreds taken hostage underline the importance of robust IRS funding. The IRS Tax Exempt and Government Entities Division can police fake charities and the IRS Criminal Investigation Division is one of the few law enforcement agencies with the skills to address sanctions evasion done via cryptocurrency."


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