The Trump administration’s Treasury Department announced today that it is imposing sanctions aimed at wiping out funding for the Sinaloa Cartel, a violent and notorious drug cartel that was recently designated as a foreign terror organization.
“We’ve taken decisive action against the Sinaloa Cartel, one of the most notoriously violent criminal and drug trafficking organizations in the world,” Treasury Secretary Scott Bessent said in an announcement posted to X on Monday. “We leveled sanctions against six individuals and seven entities involved in a money laundering operation, cutting off financing for these evil people.”
National security is economic security. Today, the @USTreasury Department proudly leveled new sanctions against financiers of the criminal Sinaloa drug cartel, which has flooded our borders with fentanyl and senselessly murdered innocent American citizens….