Biden's Treasury Reveals Effort to Crack Down on 'Deadly Fentanyl' Illicit Funds

The Department of the Treasury announced Monday that it was forming a “strike force” to combat illicit funds from the fentanyl trade.

Overdoses killed more than 100,000 Americans in 2021, seconds to the data from the Centers for Disease Control and Prevention. The Fentanyl Strike Force will be co-chaired by Treasury Undersecretary for Terrorism and Financial Intelligence Brian Nelson and Chief James Lee of the Internal Revenue Service's Criminal Investigations Division, according to a press release. liberation.

Treasury Secretary Janet Yellen will travel to Mexico on Tuesday to meet with senior officials to address fentanyl. seconds in the New York Times.

“Fighting the flow of deadly fentanyl into America's communities is a top priority for President Biden, as well as the Treasury Department,” Yellen said Monday. “The Treasury Department's Fentanyl Strike Force will allow us to bring the Department's unparalleled expertise in fighting financial crime to bear on this deadly epidemic. Treasury will use every tool at its disposal to disrupt the ability of drug traffickers to sell this poison in our country”.

The Drug Enforcement Agency (DEA) has seized more than 55 million fentanyl pills in 2023 alone, CBS News reported.

“To date, our team has played a key role in prosecuting and bringing criminal charges against individuals and entities involved in fentanyl trafficking, and we look forward to using our financial expertise to further disrupt the flow of fentanyl into the United States,” he said. said Lee. according to the statement of the Department of Finance.

One kilogram of fentanyl it can kill up to half a million people, according to the Drug Enforcement Agency.

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