U.S. Treasury targets Qaeda, Taliban cash smuggling

WASHINGTON (Reuters) - The U.S. Treasury Department aims to strengthen efforts to choke off funds for al Qaeda and the Taliban, including more targeting of informal financing networks and cash smuggling, a senior Treasury official said on Thursday.

"We need to redouble our efforts to combat the financial support networks of al Qaeda and the Taliban," David Cohen, assistant secretary for terrorist financing, said in prepared remarks to the Council on Foreign Relations in Washington.