Department of the Treasury Office of Terrorism and Financial Intelligence Fiscal Year Budget and Performance Report

List of Key Chapter Titles

1. Budget Request: Mission Statement and Request Summary
2. Appropriation Schedule: FY 2023-2025 Resource Comparison
3. Budget Adjustments and Changes: Maintaining Current Services Growth and Program Growth
4. Object Classification (Schedule O) Obligations
5. Appropriation Language and Change Explanations
6. Annual Performance Plan and Report: Strategic Alignment
7. Budget and Performance/Manpower Metrics by Budget Activity
8. Terrorism and Financial Intelligence Resources and Performance Metrics
9. Terrorism and Financial Intelligence Budget and Performance (by Strategic Objective)
10. Performance Metric Changes
11. Additional Information: Capital Investment Summary

Document Introduction

This report is the Fiscal Year 2025 budget justification, annual performance plan, and performance report submitted by the U.S. Department of the Treasury's Office of Terrorism and Financial Intelligence (TFI) to Congress. The document systematically outlines TFI's core mission of safeguarding U.S. national security and protecting the international financial system from illicit abuse. It details the requested resource allocation, expected performance goals, and strategic implementation pathways to achieve this mission.

The main body of the report has a clear structure, divided into three major parts: the Budget Request, the Annual Performance Plan and Report, and Additional Information. The core of the Budget Request section is a request for a total appropriation of $230.533 million, representing an increase of approximately 6.7% over FY 2024. This section uses detailed tables and data to compare appropriation resources, Full-Time Equivalent (FTE) staffing, and the composition of budget adjustments (including maintaining current services, pay adjustments, and non-personnel inflation) from FY 2023 to FY 2025. It also highlights four key program growth initiatives. These initiatives include: expanding the Sanctions Economic Analysis Unit to strengthen the economic and financial analysis foundation for sanctions policy; enhancing economic security and financial intelligence capabilities within the intelligence community to meet "surge" mission demands; making strategic investments to meet leadership's analytical requirements regarding China; and funding the operational, maintenance, and cybersecurity compliance needs for the Treasury Foreign Intelligence Network's (TFIN) cloud migration.

The Annual Performance Plan and Report section demonstrates how TFI's work aligns with the Treasury Department's overall strategic goals, particularly the "Strengthen National Security" objective. The report lists several historical and target performance metrics, such as the number of new or modified sanctions programs, the on-time release rate of regulatory documents, and the number of external outreach and engagement activities. More importantly, the report provides a detailed discussion of TFI's progress and impact under three key strategic objectives: advancing national security through the use of economic tools (e.g., against Hamas, Russia, Iran, etc.); modernizing the sanctions system through initiatives like establishing the Sanctions Economic Analysis Unit and optimizing information technology; and enhancing financial system transparency to detect and deter illicit financial activity through cooperation with international partners (e.g., the Financial Action Task Force) and the publication of risk assessments (e.g., the 2023 Illicit Finance Risk Assessment of Decentralized Finance).

Based on TFI's actual operational data, completed work, and clear future plans, the entire report is a rigorous official policy and resource planning document. It provides professional readers with valuable primary source material for gaining an in-depth understanding of U.S. institutional capabilities, resource allocation priorities, and strategic thinking in areas such as financial sanctions, economic security intelligence, anti-money laundering/counter-terrorist financing, and addressing the economic challenges posed by specific countries (e.g., China, Russia). The report's content is highly specialized, data-rich, and logically rigorous, making it an authoritative reference for studying U.S. national security financial tools, international economic policy implementation mechanisms, and intelligence budget analysis.