House Republican aims to cut cartels' cash flow by targeting wire transfer services

EXCLUSIVE — A House Republican has introduced legislation to clamp down on Mexican cartels and foreign terrorist organizations that use commercial wire transfer services to send money within or outside of the United States, a move that is meant to stop international crime rings from shifting profits back home.

Rep. Pat Harrigan (R-NC) on Wednesday debuted the Financial Integrity for National Security, or FINS, Act, which would allow the federal government to surveil and shut down the financial avenues that transnational criminal organizations use to move money across borders, including crime rings involved in the smuggling of people, firearms, and drugs.