Surveillance of Cash Transactions in Border Regions

SOURCE reason.com
The Trump administration's executive order designated certain international cartels as foreign terrorist organizations, leading to increased government surveillance of citizens through new rules targeting cash transactions in specific border regions.

Key Points

  • Executive order designates certain cartels as foreign terrorist organizations
  • New rule increases surveillance of cash transactions in specific border regions
  • Lowering reporting threshold from $10,000 to $200 in selected counties

Pros

  • Targets illicit activities and money laundering of cartels and criminal actors
  • Helps protect against illegal financial activities such as money laundering

Cons

  • Expands government surveillance of citizens
  • Lowering reporting threshold may subject law-abiding citizens to increased financial scrutiny