the security council's finance ministers met. they were there to come up with pla plan to fight isis economically, cut off its funding. joining me now are secretary lew and his counterpart, george osbourne. explain why this is so important. it sounds grand and everyone is against isis, but what will it specifically do that will be effective now? >> fareed, yesterday's meeting was historic both because it was the first time finance ministers met, but it also is to consider a resolution jointly sponsored by the united states and russia to bring the world together to make a very strong statement that we're not going to allow isil to continue to fund itself the way it has been. we are going to work together to shut down formal and informal means of financing as best we can. and it gave us more tools to do that. we have made progress. we are working hard as the united states to make sure that the oil revenue is slowed down

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