US Treasury sanctions powerful Mexican cartel, Yellen says they intend to make business 'very difficult'

Treasury Secretary Janet Yellen addressed steps the Biden administration is taking to crack down on fentanyl and drug trafficking into the United States Thursday on 'Your World.' Yellen told Fox News anchor Neil Cavuto that the Treasury Department, along with the U.S. Drug Enforcement Administration and U.S. attorneys in Atlanta, levied sanctions on eight individuals affiliated with the La Nueva Familia Michoacana drug cartel.

'Well, we've been working jointly with our law enforcement colleagues and also productively with the government of Mexico to amass the information necessary to bring these actions forward, and our work with Mexico has intensified over the last several years,' Yellen responded. 'We've had very good cooperation with Mexico.' She added that she expects the United States to have a productive relationship with incoming Mexican President Claudia Sheinbaum.

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Senator Manchin urges industry to sue Treasury over EV tax creditsManchin told Treasury Secretary Janet Yellen that U.S. manufacturers were being damaged by the content rules, which he said Treasury had halved from the original language in the law.
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