Reported by Brooke Singman FOX Business (Excerpt shown below. To read full report, go to: https://www.foxbusiness.com/politics/treasury-requires-us-financial-institutions-cut-ties-mexico-based-banks-tied-cartel-money-laundering.amp) The Trump administration on Wednesday, for the first time, used a new authority to require U.S. financial institutions to cut ties with three Mexico-based banks for laundering money on behalf of cartels. The Treasury Department identified cartels that have “exploited Mexico-based financial […]