US Treasury Imposes Sanctions Against Mexican Cartel’s Financial Enablers

The action was made after the Trump administration designated the Sinaloa Cartel as a Foreign Terrorist Organization.
US Treasury Imposes Sanctions Against Mexican Cartel’s Financial Enablers
Treasury Secretary Scott Bessent (C) exits the West Wing of the White House on March 14, 2025. Andrew Harnik/Getty Images
Jack Phillips
Jack Phillips
Breaking News Reporter
|Updated:
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The U.S. Treasury on Monday placed sanctions on six individuals and seven companies for their alleged connections to Mexico’s Sinaloa Cartel. The cartel was designated as a foreign terrorist organization in February under the Trump administration.

The action targets the financial operations of the drug cartel, which has raked in money by trafficking fentanyl into the United States for years and is part of a joint U.S.–Mexico investigation, the Treasury said in a statement.
Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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