The President made clear — as he has consistently — that while military power is an essential component of our campaign, we must bring to bear every instrument of American power in this fight. That includes taking terrorists off the battlefield; training and equipping Iraqi and Syrian forces to fight ISIL on the ground; and working relentlessly to find a political solution to Syria’s brutal civil war, which is one of ISIL’s best recruiting tools.

And we must use our unparalleled financial might. But to maximize our effectiveness in shutting down ISIL’s finances, we need other countries to join the effort. That’s why I’m joining forces today with U.S. Treasury Secretary Jack Lew to focus the 193 member states of the United Nations on doing their part.

(Read more at CNN.com)