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Mexico's Sheinbaum seeking evidence after US sanctions financial institutions

ReutersJun 26, 2025 2:09 PM

- Mexico's President Claudia Sheinbaum on Thursday said that the U.S. Treasury Department had not provided any evidence of money laundering following its move a day earlier to ban certain transactions with three local financial institutions.

"There is no evidence," Sheinbaum told a morning press conference. "Our position is that we will continue to collaborate and coordinate, without subordination."

Sheinbaum noted that the three financial operators - CIBanco, Intercam Banco and Vector Casa de Bolsa - are relatively small and said she would continue to seek evidence from the United States.

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