The Morning Risk Report: U.S., Saudis Announce Counter-Terrorism Financing Center

James Garland is quoted in The Wall Street Journal's "Morning Risk Report" regarding the announcement of the Terrorist Financing Targeting Center which will be co-chaired by the U.S. and Saudi Arabia. It's "hard to know whether this will amount to much," says Garland, noting no funds from existing programs will be diverted to support the center. He adds, however, that the Gulf states that agreed to join haven't been consistent partners on fighting terrorism financing and this could be an opportunity for them to improve their efforts. "The bottom line is that this looks like not much more than a press release but time will tell whether it actually makes a difference."