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US Official Says Islamic State Overreaching on Finances

Islamic State terrorists have made unparalleled efforts to finance their activities without relying on donations, and some U.S. lawmakers are wondering whether efforts to cut off the group's funding are falling short. David Cohen, undersecretary for terrorism and financial intelligence at the U.S. Treasury Department, told lawmakers Thursday that oil sales that used to net IS $1 million a day have been slashed to a few million dollars a week — a significant difference when it comes to...

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