'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.'




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TUESDAY


MAY 24TH, 2025


 



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EXCLUSIVE: Treasury Official Lays Out How Trump Is Choking Off Cash Flow To
Cartels
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By Spencer Lindquist


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.





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