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Transcripts For CSPAN2 Treasury Undersecretary Nominee Adam Szubin Confirmation Hearing 20150922

Said hearing will come to order. We will hear testimony on the nomination to read the undersecretary of the treasury and if confirmed would be the third undersecretary of the treasury with the responsibility for the office of tourism and Financial Intelligence the undersecretary reports directly to the secretary. This is responsible for executing for moneylaundering while overseeing enforcement of the constantly evolving sanctions program. Also receiving regulatory and enforcement opportunities such as the office of terrorism in Financial Crimes for foreign assets to control the office of intelligence and announce analysis and the Financial Crimes enforcement network. Mr. Szubin comes over 14 years of government experience. With the recent deal that is considered here in the senate. And to help assemble with the architecture gives the worlds leading state sponsor terrorism. Given the context it is important and timely. I appreciate your willingness to allow the nominee the acting treas

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