𝗧𝗥𝗨𝗠𝗣 𝗔𝗗𝗠𝗜𝗡𝗜𝗦𝗧𝗥𝗔𝗧𝗜𝗢𝗡 𝗠𝗔𝗞𝗜𝗡𝗚 𝗠𝗢𝗡𝗘𝗬 𝗧𝗥𝗔𝗡𝗦𝗙𝗘𝗥𝗦 𝗧𝗢 𝗠𝗘𝗫𝗜𝗖𝗢 𝗠𝗢𝗥𝗘 𝗗𝗜𝗙𝗙𝗜𝗖𝗨𝗟𝗧 𝗙𝗢𝗥 𝟯𝟬 𝗭𝗜𝗣 𝗖𝗢𝗗𝗘𝗦 𝗢𝗡 𝗧𝗛𝗘 𝗦𝗢𝗨𝗧𝗛𝗘𝗥𝗡 𝗕𝗢𝗥𝗗𝗘𝗥

 

Donald Trump, who ran for the presidency promising to cut down on governmental regulations, is making an exception with respect to people who live on the border and wish to send cash transfers to Mexico.

Effective in April for 30 zip codes in Texas and California, the threshold for reporting cash transfers will be lowered from $10,000 to just $200.  

Trump is taking clear aim at immigrants as bank transfers will not be affected, just transactions from so-called money services like Western Union, Moneygram or the casas de cambio so commonly used in Brownsville and the Valley.

This impending regulation has been described as "financial surveillance" as the government will now have the names, addresses and Social Security numbers of those on the border making such transfers according the U.S. Department of the Treasury.

The Trump administration says this new regulation is not aimed at immigrants or citizens on the border, but at the drug cartels:

“Combating drug cartels and stopping the flow of deadly drugs into the U.S. is one of the Administrations’ highest priorities," stated a spokesperson for the U.S. Department of the Treasury.