National Defense Authorization Act for Fiscal Year 2016

Floor Speech

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Mr. Chair, thank you Chairman Thornberry and Ranking Member Smith for your leadership on national security and for accepting my amendment.

Terrorism is an undeniable threat to our country's security and global stability. Terrorist networks constantly develop new ways to finance their deadly operations and threaten America.

To keep our country safe, we must be one step ahead of them, cutting off their funding and stopping their efforts.

The Islamic State (I-S) is one of the world's most violent, dangerous and well financed terrorist groups. In 2014, ISIL generated approximately $1 million per day, predominantly through the sale of smuggled oil.

My amendment directs the Secretary of Defense, in coordination with the Secretary of State and the Secretary of the Treasury and other agencies involved in this effort, to pursue efforts to shut down ISIL's oil revenues and report on resources needed for these efforts.

As a member of the Task Force to Investigate Terrorism Financing, I'm working with my colleagues on both sides of the aisle to keep money out of the hands of terrorists and find solutions, like this amendment, that strengthen America's security.

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