Warren: GOP allowing Islamic State to use oil to fund terror

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Democratic Sen. Elizabeth Warren is blaming the GOP for allowing the Islamic State to sell oil to fund its terror operations by holding up the confirmation of a key Obama appointee chosen to go after the group's oil wealth and funding resources.

The Massachusetts senator, who many in her caucus wanted to run for president, used a Senate Energy and Natural Resources Committee hearing on oil and terrorism to make her case for the swift confirmation of the White House nominee, Adam Szubin, to become the Treasury's leading counterterrorism official.

"Despite the importance of attacking the financial positions of ISIS, the Republican leadership has been holding up Adam Szubin's nominations for nearly eight months," Warren said. "If we are serious about taking on ISIS, we need to aggressively target its use of international sanctions to sell oil and move money around."

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