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Trump Admin Cracks Down on Mexican Banks Aiding Fentanyl Cartels

Treasury targets $22 billion in assets linked to cartel money laundering operations poisoning Americans.

In a decisive move to combat the deadly fentanyl crisis, the Trump administration is going straight to the source the money. On Wednesday, the Treasury Department dropped the hammer on three Mexican financial institutions it says are laundering cartel cash and helping fuel the flood of fentanyl pouring into American communities.

The three entities CIBanco, Intercam, and Vector collectively manage $22 billion in assets and now find themselves at the center of the administration’s campaign to choke off cartel financing.

  • CIBanco is accused of allowing a Gulf Cartel member to launder $10 million and has long-standing ties to multiple cartels.

  • Intercam executives reportedly held meetings with CJNG members and facilitated over $1 million in transactions with Chinese firms tied to fentanyl production.

  • Vector helped the Sinaloa Cartel move $2 million over an eight-year span to fund precursor chemical purchases.

“Financial facilitators like CIBanco, Intercam, and Vector are enabling the poisoning of countless Americans by moving money on behalf of cartels,” said Treasury Secretary Scott Bessent. “These are not just shady banks they are vital cogs in the fentanyl supply chain.”

This isn’t just about stopping drug shipments. It’s about shutting down the financial arteries that keep these criminal networks alive. By targeting the banking system, the Trump administration is striking where it hurts most the profits.

Fentanyl is now the leading cause of death for Americans aged 18 to 45. With over 70,000 deaths linked to synthetic opioids last year, the fight against fentanyl is more than a border issue it’s a national security crisis.

Unlike the current administration’s half-hearted enforcement and open-border chaos, this action reflects a focused and aggressive strategy. Blocking these cartel-friendly banks from doing business with U.S. institutions sends a powerful message If you bankroll death, you pay the price.

Deputy Secretary of the Treasury Michael Faulkender put it simply “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.”

This is exactly the kind of leadership America needs proactive, tough, and unafraid to confront evil where it lives.

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