Cartel Cash Rules Hurt Small Businesses | Sydney News

A new government rule forcing small businesses near the U.S.-Mexico border to report cash transactions over $200—down from $10,000—was meant to crack down on cartel money laundering, but it’s backfired badly. Mom-and-pop shops, especially in immigrant communities, now face crushing burdens as customers avoid them out of fear of surveillance or immigration trouble. Owners like Evangelina Ornelas at Nachita’s in El Paso say their livelihoods and the community’s financial lifelines are collapsing. Legal experts call it an overreach, and lawsuits are already underway. Even after the threshold was raised to $1,000, the damage is done: a policy born of good intent has created real harm for everyday people and businesses. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a695ec4269a58196