CRS on Terrorist Financing, Army Officer Shortage

07.14.06 | 1 min read | Text by Steven Aftergood

A new Congressional Research Service report provides a resume of the Terrorist Finance Tracking Program that was recently described in news stories.

See “Treasury’s Terrorist Finance Program’s Access to Information Held by the Society for Worldwide Interbank Financial Telecommunication (SWIFT)” (pdf), July 7, 2006.

News reports on the program elicited furious criticism of the New York Times and other publications from those who believed classified information had been improperly and damagingly disclosed.

But “closely similar” accounts were publicly presented years ago in open congressional hearings, the Washington Post reported today.

See “Watching Finances Of Terror Suspects Discussed in 2002” by Walter Pincus, Washington Post, July 14.

Another new CRS report describes the erosion of the U.S. Army officer corps.

“The Army currently projects an officer shortage of nearly 3,000 in FY2007, with the most acute shortfalls in ‘senior’ captains and majors with 11 to 17 years of experience.”

See “Army Officer Shortages: Background and Issues for Congress” (pdf), July 5, 2006.