that's why i cosponsored the bill of congressman frank wolf to have an overside select committee. yes, darrell issa has been doing a great job, but they look at it from one angle and then something pops up in another one. it's like playing whack-a-mole. we need one dedicated committee to look at benghazi, find out what the administration did, where are the witnesses? and now we have a lot of conflicting accounts about what really was going on, what we know is this. there were nearly two dozen cia affiliated assets there on the ground in benghazi. who told them not to act? who told them to act? what happened? and why -- if we have nothing to hide as americans, let's put it all out there. we owe it to the families to be honest with the american people. and that's why senator graham is expressing the frustration that all of us feel. and we've got to get to the bottom of it. >> and if he's going to hold up the nomination of yellen to run the federal reserve which is our entire world economy, he may get what he wants and those witnesses may be testifying. congresswoman, thanks so much

the administration has made overside of the industry a priority and fincen is encouraged by progress thus far. thank you for inviting me to testify before you today. i'll be happy to answer any questions you have. >> thank you so much for being here, the meeting you had with our staff last week and your testimony. thank you. >> good afternoon. thank you for the opportunity to appear to decide department of justice work at virtual currencies. at the justice department we look at virtual currencies through the lens of law enforcement. we recognize virtual currency means illegal exchange but also recognize criminals will always seek to take advantage of new technologies to commit further or hide their crimes. our responsibility as prosecutors is so ensure we continue to enforce the law, even new technological settings and prevent criminals from using technologies to create zones of impunity. as i will describe in my testimony today, the department of justice has been aware of the threat posed by criminal use of virtual currencies for several years. we have already brought several import