ðɪ ˌʌndɚ sˈɛkɹətɹi hˈɛdz ðɪ ˈɑːfɪs ʌv tˈɛɹɚɹˌɪzəm ænd faɪnˈænʃəl ɪntˈɛlɪdʒəns tˌiːˌɛfˈaɪ, kɹiːˈeɪɾᵻd ˌʌndɚ θˈɜːɾi wˈʌn jˌuːˌɛssˈiː θɹˈiːhˈʌndɹɪd twˈɛlv, wˌɛn ðɪ ɐdmˌɪnɪstɹˈeɪʃən ʌv pɹˈɛzɪdənt dʒˈɔːɹdʒ dˈʌbəljˌuː. bˈʊʃ ɐnˈaʊnst, ˌɔn mˈeɪ ˈeɪt, tˈuː θˈaʊzənd fˈoːɹ, ðætðɪ ɛɡzˈɛkjuːtˌɪv ˈɑːfɪs ʌv tˈɛɹɚɹˌɪst faɪnˈænsɪŋ ænd faɪnˈænʃəl kɹˈaɪmz tˌiːˌɛfˌɛfsˈiː, ðə faɪnˈænʃəl kɹˈaɪmz ɛnfˈoːɹsmənt nˈɛtwɜːk fˈɪn sˌiːˌiːˈɛn, ðɪ ˈɑːfɪs ʌv fˈɔːɹən ˈæsɛts kəntɹˈoʊl ˈɑːfæk, ænd ˈæləkˌeɪɾᵻd ɹᵻsˈoːɹsᵻz fɹʌmðə tɹˈɛʒɚɹi dᵻpˈɑːɹtmənt wʊd biː bɹˈɔːt ˌʌndɚ ðə nˈuː ˈɑːfɪsᵻz kəntɹˈoʊl.
The Under Secretary heads the Office of Terrorism and Financial Intelligence (TFI), created under 31 USC 312, when the administration of President George W. Bush announced, on May 8, 2004, that the Executive Office of Terrorist Financing and Financial Crimes (TFFC), the Financial Crimes Enforcement Network (FinCEN), the Office of Foreign Assets Control (OFAC), and allocated resources from the Treasury Department would be brought under the new office's control.