Joe Lancaster writes:
One of President Donald Trump’s Day 1 executive orders designated “certain international cartels” as “foreign terrorist organizations,” a classification that according to the State Department “play[s] a critical role in our fight against terrorism and [is] an effective means of curtailing support for terrorist activities and pressuring groups to get out of the terrorism business.”
To that end, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced a new rule cracking down on cash transactions this week, but only in certain geographical regions. No matter the administration’s intent to target cartels, the rule will expand government surveillance of its citizens.
FinCEN “issued a Geographic Targeting Order (GTO) to further combat the illicit activities and money laundering of Mexico-based cartels and other criminal actors along the southwest border of the United States,” according to the announcement.
Read more at Reason.
h/t, Joe Cadillic