An Overview of Current Trends in Terrorism and Illicit Finance

An overview of testimony by Colin P. Clarke presented before the House Financial Services Committee, Subcommittee on Terrorism and Illicit Finance on September 7, 2018.

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  • Destroyed buildings during sunset at the frontline in Raqqa, Syria, October 6, 2017

    Commentary

    Defeating the ISIS Nostalgia Narrative

    It is crucial that the United States and its coalition partners take into consideration and preempt the ISIS nostalgia narratives that may seek to define the group's legacy and prepare a foundation for its resurgence throughout the Middle East and beyond. The legacy ISIS should be remembered for is one of misery and despair.

    Apr 19, 2018

  • Iraqi security forces stand guard in an oil refinery, north of Baghdad, in Baiji, Iraq, October 16, 2015

    Q&A

    Oil, Extortion Still Paying Off for ISIS

    ISIS's oil revenues declined from a peak of $40 million per month in 2015 to $4 million per month as of early October 2017. Despite the massive reduction, it's still a substantial amount of money for a group whose expenditures decrease with the size of the population and territory it controls and decreased recruitment.

    Oct 28, 2017

  • Iraqi forces advance against Islamic State militants in western Mosul, Iraq, March 6, 2017

    Report

    Rolling Back the Islamic State

    The Islamic State has lost substantial control of territory and people. But the group still conducts and inspires attacks around the world. The United States should pursue a light rollback strategy that relies on local forces backed by U.S. special operations troops, intelligence assets, and airpower.

    Apr 20, 2017