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Treasury requires US financial institutions cut ties with Mexico-based banks tied to cartel money laundering

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25 June 2025
The Trump administration on Wednesday, for the first time, used a new authority to require U.S. financial institutions to cut ties with three Mexico-based banks for laundering money on behalf of cartels.

Orignial Source:

https://www.foxbusiness.com/politics/treasury-requires-us-financial-institutions-cut-ties-mexico-based-banks-tied-cartel-money-laundering


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