Trump’s Cartel Crackdown Threatens to Amplify Headaches for Banks and Crypto Startups
In a recent interview with right-wing media outlet Breitbart News, President Donald Trump said his administration is “very seriously” considering designating Mexican cartels as foreign terrorist organizations (FTOs). However, the strain this policy shift would impose on the banking industry calls into question the feasibility of an expanded counter-terrorism regime. Donald Trump ‘Seriously’ Considering Branding Mexican Cartels as Terrorists President Trump’s comments come on the heels of his declaration of a national emergency at the US-Mexico border last month, a move designed to secure billions more in funding for his border wall than Congress is willing to authorize. This week,
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