Click here: to donate by Credit Card
Or here: to donate by PayPal
Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794
Thank you very much and God bless you.
Posted on 05/27/2025 1:30:00 PM PDT by E. Pluribus Unum
'If the money is not flowing...there's less of an incentive to bring the drugs and the guns and some of the illicit activity up to the north.'
The Trump administration has tapped the Treasury Department to track down and halt the flow of money to foreign drug cartels.
Deputy Secretary of the Treasury Michael Faulkender says the federal agency is choking off the cash flow that powers cartels’ human and drug smuggling operations by designating them as terrorists, he explained to The Daily Wire.
“One of the most important things that the president did upon coming into office was to declare a number of the narco groups terrorist organizations,” Faulkender told The Daily Wire. “What that does is it unleashes additional authorities at Treasury for us to better target some of the financial activities that these cartels are engaging in.”
Faulkender told The Daily Wire that the agency’s moves are cutting into the cartels’ flow of money, disincentivizing their human smuggling and drug-running operations.
“It’s one thing to have our partners at [the Department of Homeland Security] work on stopping the flow of people and drugs, but we can also use our financial tools to go after the money,” the Treasury official explained. “If the money is not flowing back south, then there’s less of an incentive to bring the drugs and the guns and some of the illicit activity up to the north.”
“Since the president took office, we’ve engaged in five different actions going after nine different entities for a total of 16 individuals,” he noted.
The Treasury Department unveiled sanctions on “two high-ranking members of the Mexico-based Cartel del Noreste,” a foreign terrorist organization formerly known as Los Zetas.
Cartel del Noreste “and its leaders have carried out a violent campaign of intimidation, kidnapping, and terrorism, threatening communities on both sides of our southern...”
(Excerpt) Read more at dailywire.com ...
Click here: to donate by Credit Card
Or here: to donate by PayPal
Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794
Thank you very much and God bless you.
I like the way Trump drops little packages of unexpected good news every week or two.
“...choking off the cash flow...”
-
How are they doing that?
When will a judge issue an injunction?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.