By Brooke Goldstein and Aaron Eitan Meyer

The Counter Terrorist Magazine, June/July 2011

On December 4, 2001, President George W. Bush announced at a White House news conference that, “those who do business with terror will do no business with the United States—or anywhere else the United States can reach.” President Bush notified the public that at midnight of the previous day, “the Treasury Department froze the assets and accounts of the Holy Land Foundation in Richardson, Texas, whose money is used to support the Hamas terror organization.”

The targeting of the Holy Land Foundation, at the time the largest Islamic charity organization in the United States, was a significant moment for the interdiction of terrorist financing, even as the United States was focused not just on Hamas, but al-Qaeda. U.S. concern over terror financing did not begin on 9/11.

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