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Donald Trump: We should attack terrorist oil, bank resources

Leading Republican presidential candidate Donald Trump said Monday the Islamic State's self-proclaimed headquarters in Syria should have been hit well before Friday's terrorist attacks in Paris.

The U.S. and its allies should have been hitting the terrorist funding streams on the oil and banking fronts, Trump told CNBC's "Squawk Box."

French authorities were conducting raids, searching for accomplices. Dozens of arrests have been made, with another 100 people under house arrest.

Meanwhile, France launched airstrikes against Islamic State targets in Syria Sunday night, hours after France and the...