now please everyone even warm welcome to assistant secretary billingsley. [applause] >> good morning and thank you for those kind words. in besser, good to see you get to see all of the members of the audience here at online. thank you to the atlantic council grossing this if it. and thank you missy for moderating. i placed a return here to discuss one of our nation his most critical national security challenges. this is the illicit financial networks that sustain iran and his property. the treasury department alongside our agency colleagues has been the to be the spare in advancing the administrations maximum pressure campaign against iran and disrupting support to a wide range of tourist organizations. this mission is at the heart of our work in the treasury, and is central as i said to this administration his efforts to secure our homeland. tomorrow peace in the mideast middle east and given the fact that iran amount globe spanning pots to ultimately protect the safety of all people around the world. i had a heart wrenching experience this past summer in

billingsley contributed to become active participants as a last equal in the development of the villages. there are 3 basic reason why we took these 15 villages one is we wanted to create more models we thought that if we were able to take more religious then we can make more models and that can be a model for replication dog and they used to say that religion should be self-sufficient so one militia cannot be self-sufficient so which is why we took 15 with it and when i vent to the villages i realize that villages are like multiple organ failure if you are going to harden the lever pulled out of where you work all along the way so if you want to really have an impact. then your daughter got all the boarded part of the standby. leak you're. keeping in mind the severity of the region one of the primary cause of the global only initiator was to create other opportunities to make a living these alternatives. to life only on agriculture and farming but also bringing in extra income into their pockets during a good year of harvest. i made the us start when i started to make the check my famil

marshall billingsley is assistant secretary in the office of financing. they want to do a text print working with industry to help bring regulators and -- together. i continue to ask my members every month, are we running into things precluding innovation? is,biggest answer we get there's a regulation with ambiguity and the compliance people have their freak out. it's hard to move forward. i'm bullish there. where we need more effort, we talked about the omb memo. that's a nice start. policy members come out all the time and get ignored. we need more of a formal governmentwide initiative convened by the white house to look at how to bring agencies out how too figure take this to the next. my oldes to be done at agency. a framework of standards to help agencies could benefit from a center of excellence in government as well that could actually help. the social security ministration is developing that service. getting other agencies to do that needs technical help. these are little steps around the edges that can make a big difference to helping this proble

announcer: marshall billingsley talks about efforts to counter iran's illicit financial networks.he atlantic council hosted this our 20 minute forum. [indistinct chatter] william: hello, everyone, and welcome to the atlantic council. welcome to everyone here and those watching on c-span and our livestream. my name is william wechsler, and i lead atlantic council's work on the middle east. i'm delighted to welcome you to an event cohosted for strategy and security and our global business and economics programs initiative. this event is on the record, and please tweet if you are so inclined, and if so, use the hashtag #shapingsanctions. today, we are here to learn more about hezbollah and its finances. hezbollah is one of the most sophisticated terrorist organizations and stabilizing factor in the middle east. -- organizations in the world, and a key destabilizing factor in the middle east. iran reportedly provides the terrorist group with hundreds of millions of dollars annually. this money has advanced the iranian agenda, undermining lebanon's political system and balance, challen

cspan2 assisted trip marshall billingsley, talks about efforts to counter iran's illicit financial nettic council boasted this hour and 20 minute foreign. [background sounds] >> hello everyone and