Yellen Headed To Mexico After Launching New Fentanyl Trafficking Strike Force

Treasury Secretary Janet Yellen is scheduled to travel to Mexico this week to promote a new strike force created to combat fentanyl trafficking amid President Joe Biden’s border crisis.

Yellen will reportedly speak with leaders in government and the private sector in Mexico City about stopping illegal funding for the drug trade, as well as boosting supply chains through her so-called “friendshoring” initiative.

The Counter-Fentanyl Strike Force, which was announced on Monday, will reportedly unite personnel and intelligence from throughout the Treasury Department, including the agency’s sanctions arm, intelligence arm and IRS Criminal Investigations. The strike force’s ultimate goal is to more effectively collaborate to stop the flow of drugs into the United States.

This announcement came after Biden met with Chinese President Xi Jinping in California in November, where they announced that communist China would be telling its chemical companies to cut back on shipments of the materials used to make fentanyl that are sent to Latin America.

Companies in communist China are reportedly the source of nearly all of the ingredients used by Mexican drug cartels to produce fentanyl. The cartels then transport the deadly drug across Biden’s wide-open border into the U.S. where it kills tens of thousands of Americans every year.

According to the Associated Press, “fentanyl is the deadliest drug in the U.S. today. The Centers for Disease Control and Prevention estimates that 71,000 people died from overdosing on synthetic opioids such as fentanyl in 2021, up from almost 58,000 in 2020. The death toll is more than 10 times as many drug deaths as in 1988, at the height of the crack epidemic.”

Yellen released a statement about the new strike force targeting fentanyl financing.

“Combating the flow of deadly fentanyl into communities across the United States is a top priority for President Biden as well as the Treasury Department,” she wrote in the statement, claiming that the new group will “allow us to bring the department’s unrivaled expertise in fighting financial crime to bear against this deadly epidemic.”

“Treasury will use every tool at its disposal to disrupt the ability of drug traffickers to peddle this poison in our country,” the statement continued.