Sanctions Imposed on Mexican Banks Over Fentanyl Supply Chain

Trump Admin Puts Stranglehold On Mexican Banks Fueling Fentanyl Trafficking

Trump Admin Puts Stranglehold On Mexican Banks Fueling Fentanyl Trafficking
Scott Bessent

Daily Caller – The Trump administration announced sanctions on Wednesday against Mexican banks that it says are fueling the illegal trade of fentanyl flowing into the U.S.

The Treasury Department issued orders banning financial transactions with the banks over alleged money laundering at the behest of Mexican cartels. The department said millions of dollars in illicit payments aided the transmission of fentanyl from China to Mexico, where criminals frequently traffic deadly opioids across the southern U.S. border. Continue reading