Mexico's president slams sanctions on Mexican banks by Trump administration
MEXICO CITY — Mexican President Claudia Sheinbaum responded sharply Thursday to U.S. government sanctions blocking transfers from three Mexican financial institutions, saying Washington hasn't shown evidence of its allegations of money laundering.
The U.S. Treasury Department announced the sanctions Wednesday on the banks CIBanco and Intercam Banco and the brokerage Vector Casa de Bolsa, alleging that they had facilitated millions of dollars in money transfers for Mexican drug cartels.
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