ion. >> first minister. [ applause ] first minister sturgeon: i'd go slightly further. i think the house of lords is a democratic outreach in and of itself. [ applause ] i look forward to the day which may not come within this time of parliament, but i look forward to the day when the house of lords is no more. people with no democratic mandate should not be writing the laws of our land. to directly address this yes, i point, do think it would be deeply democratically wrong for defeated mps to find their way back to westminster via a seat in the house of lords. my party is in a unique position. we didn't lose any seats last year. we don't have defeated mps and we don't appoint to the house of lords anyway. i would hope labor, the conservatives, and the democrats would each give a commitment that they will not seek to get round the democratic will of the

scottish people in that way. and give a clear commitment that no defeated candidate from the election last week will find their way into the house of lords. applause ] >> thank you. when the first minister meets with the prime minister, will she make it clear it is not acceptable for the u.k. government to seek to repatriate powers from the european union to the house of commons while acting as a roadblock to legitimate transfer of additional significant powers, which this country must promise in the closing days of the referendum, powers which it people of scotland have demanded clearly in the resumption -- election results last week? first minister sturgeon: as i think i made clear, i will be seeking to have that conversation very directly with the prime minister. let us be quite calm and rational about this. we have our differences of opinion.

we will not all agree on what power should come to this parliament. one think i do think we can say very clearly is that there is no substantial opinion in scotland that the smith commission proposals, however well-meaning do not go far enough. , that's the first point we need to establish. then we need to put that process in place to determine how we go forward and in what areas we go forward. i'll end with this simple point. it is a point i have made already this week. the severities led by david cameron cannot act as if it is business as usual in scotland. they cannot carry on as if nothing changed in scotland last week. presiding officer, everything changed in scotland last week and westminster must listen. >> that ends the statement from the first minister. before we go, can i remind members that we are probably going to have to drop at least one speaker from the next week because of the loop -- the load

of questioners on this one. >> the british house of commons has been in recess because of the national elections. formal programming, go to c-span.org. you can find video of other programs such as prime minister's questions. >> the new congressional directory is a handy guide to hundred 14th congress -- to the 114th congress. district maps, a foldout map of capitol hill, the president's cabinet, federal agencies. order your copy today. it is $13.95 plus shipping and handling at c-span.org.

>> next, a house hearing on how the terror group isis is financed. then the commerce secretary at the internet and tv expo. after that, a discussion on the method of oil extraction called hydraulic fracturing. now, gerald roberts with the fbi counterterrorism division discusses how isis makes money itself and what the fbi and other agencies are doing to disrupt their finances. posted by the washington institute for near east policy, this is one hour 15 minutes. [inaudible conversations] >> good afternoon.

welcome to the washington policy i am the director of the program on counterterrorism and intelligence and i am very, very pleased to have you here. some of you in person with of life's dream you are all will come for us to talk on the money flow of physis to follow the of many with ahead of the terror of finance operations end section and later deployed to iraq as a liaison officer

with a tremendous amount of expertise and inside. with a counterterrorism lecture series that you can still catch on line involved in defense with the assistant director. the state department's counterterrorism ha -- to encounter the islamic state and as one of the seven components. then the importance to there are lots of things going on in the terror finance world like the return to the abusive charity. it is a timely opportunity for us to have this conversation.

before i introduced jerry to the podium, i will ask if you can please turn off your cell phones. when we get to the queue and day, if you could wait -- when we get to the q&a, i would ask you to speak into the microphone so that not only can we hear you, but the viewers on c-span and the live viewing can hear you as well. with the further do, jerry roberts. >> i am jerry roberts, i and the assistant chief of the fbi terrorism finance operations section. i want to thank everyone for having me today. i want to personally thank matt for inviting me. i am pleased to be able to provide you with an overview of how we are adapting and evolving to the current threat of isil and the child -- and the challenge that our partners

face. i have had the privilege of working with the washington institute for about five years now on a variety of topics with the institute over five years on a variety of topics counter radicalization and i am honored to be here. before i a dress the financial aspect of trees -- isil how the fbi is constantly adapting to speak here last year at the time he advised how the u.s. government looks at the domestic intelligence agency the bureau is committed to the full integration of intelligence and operations. i had been in the new york office and prior to coming back to fbi headquarters i was in the baltimore field office where i was not only the counterterrorism assistant special agent in charge, but i

was also the intelligence branch assistant special agent in charge. that required me to have that intel integration and operation in the lobby to build that in field level operations. one way, at the macro level that we integrate operations at the fbi is to the integration of our fusion cell model. it allows us to integrate the intelligence, analysis, and operations i having the analysts and special agents, located. these analysts evaluate both national and international threats and provide intelligence on current and emerging threats to our field offices as well as other agencies. within t-foss, we had the element of having financial analysts as part of that model. we are also addressing and taking advantage of the threat by using state and local partners. we also work with the fusion

centers, the intelligence community, and abroad. with regards to the financial aspects of terrorism, the importance of partnerships with the private sector, particularly the financial industry, is incredible. i want to touch on a few points regarding private sector partnerships. partnering with the private sector has been a focus since long before i got here, but one i have continued to champion since i arrived. so how do we encompass that? it is to a rigorous schedule of outreach and training that would provide for partners. through partnership with the treasury and other government agencies, we conduct outreach and training to our financial sector partners throughout the united states. the financial industry serious efforts and resources are key to our success in terror financing.

it is incredible -- it is a critical tripwire for us to detect financial movements of terrorists here and abroad. the information, combined with other intelligence, is critical to identifying new associates and suspected terrorists. this information is not only critical to identifying that activity within the united and but abroad as well. in conjunction with the treasury department, we conduct annual training sessions in new york at the federal reserve bank. we just recently had one, which was attended by approximately 200 our closest partners. during those sessions, we provide an opportunity for the financial sector to gain a key insight into what we're seeing currently and emerging. we do so to allow our private sector partners to have the most up-to-date information to allow

them to more accurately and more definitively report their information. the first meetings allow us to better inform industry of our emerging threats, what indicators look for, therefore enhancing our operations as well as their own. through their new and maturing financial health initiative that many financial institutions have, they have provided is critical information not only an existing fbi cases but also information has led to new fbi cases. i will touch of the threat of isis. in the past two years blockbuster has successfully -- successfully intercepted over 100 caret -- 100 terrorism threats.

even with those success stories the threat we face both in terms of understanding and combating them, have never been more complex. with core al qaeda having been degraded, our counterterrorism efforts are challenged by a con -- by a combination of extremism, and general instability in the middle east and africa. isil has lessons learned from al qaeda and has rose to prominence a relatively short. of time -- relatively short period of time. isil has been extremely effective at targeting english-speaking audiences throughout multiple social media sites. al qaeda's use of the internet and social media has provided isil a blueprint on how to attack our critical infrastructure and our economy.

their outreach is allow them to reach tens of thousands throughout the world. as our director said last thursday, there are hundreds and maybe have the people across our country who are receiving recruitment overtures from the terrorist group or being directed to attack the united states. he added that it is like a little devil sitting on their shoulder telling them to kill kill kill. with regards to foreign fighters, that threat is to's it -- is tied this degree to isil and other combat zones around the world. but this message is attracting thousands of people around the world interested in joining isil. we have conducted an effort to pursue increase information sharing with regards to

identified foreign fighters, combating radicalization, and regarding outreach and policy changes. the fbi is working hard to ensure that foreign fighters do not enter the united states. the fbi has also expanded a team within our counterterrorism division to fully track analyze, and ultimately neutralize the threats coming from this region to the united states. given the prolonged nature of the conflict and the expertise with which isil's spreads -- with which isil spreads its message, the u.s. is concerned that others will continue to attempt to travel to fight. in regards to financial intelligence. from the early days of tea foss it became apparent to us that financial intelligence was

instrumental in identifying the hijackers and others involved with 9/11. you often hear about the critical role of signals intelligence with regards to detecting and disrupting terrorist activity, but not nearly as often as you hear about the role of financial intelligence. financial intelligence is much more complex than simply reviewing bank accounts. the to build a complete picture of the threat. we have all seen the reporting of isil's financing. extortion, theft taxation. today, the outside financial support is minimal compared to those fund-raising activities. however, the tracking of isil and foreign fighters is not the

broader picture behind those immediate areas. by following the money, we are now able to identify the interest supporting the operation but also to identify foreign fighters, logistic networks before they depart their countries of origin and most likely return -- or perhaps return. in conclusion, to succeed and combating terrorism -- combating terrorism, we will continue our close collaboration with our government partners, foreign partners, and the financial industry. partnerships are absolutely necessary for the success of the counterterrorism mission and the work that we do is no different. thank you again for having me and we will take some questions. [applause] >> that is a fantastic

introduction to a conversation about where we are and what the big things are in a group that is different like isis. that is an instruction, to formulate pointed questions. then i will take you in the order that i see you and please are member to wait for the microphone and identify yourself before you ask a question. so jerry some of the ways we know that things are different today is in fact that isis controls particular territory. and well we have had great success in stopping them from access the international financial system, they have found some backdoor means of access. as i have written recently and as was reported in a financial action task force report, there is some kind of sanitized

declassified examples here from the united states. for example according to sensitive financial information financial transfers has sometimes been received in the areas -- in areas known to be safe logistical hug for foreign terrorist fighters and terrorist organizations. in some cases, excessive cash deposits were placed into u.s. accounts and then sent from those u.s. accounts the wire transfers to banks in areas that are near where isis operates cure cook -- isis operates. kirkuk for example. other cases, people who we don't necessarily know who they are unknown persons who have made foreign cash withdrawals in say

a rock, in areas that are near but not quite under isis control , obtaining money from u.s. bank deposits by using check cards. so literally drawing on an atm transaction in areas near isis control from a u.s. bank. so talk just a little bit about what you are seeing in terms of some of the in the weeds financing that is happening here in the united states not necessarily at this kind of macro organizational level, but i think part of what we are seeing with isis is, they are big financing as a group at home, that is largely domestic criminal activity. mr. roberts: as i mentioned, a primary source of isil's funding

is criminal activity and controlled areas. it takes a lot of money to keep the lights on in those areas, so a lot of the funding goes there. in regards to the outside areas that is where we are seeing without requiring a lot of money to buy a plane ticket to travel to a nearby country to make your way into isil controlled area. because of that, it makes the investigation that much more complex. we are talking not of thousands of dollars but in many cases hundreds of dollars. the uniqueness by which isil operates in a decentralized way in which they operate, allows people to have that ease of sending the smaller numbers. what we do see, as you mentioned , is the atm withdrawals. and you mentioned wires. those are specifically the types of information that we share with our banking partners, what to be alert for.