U.S. Attorney General Pam Bondi has disbanded a task force established to target Russian oligarchs following the invasion of Ukraine, arguing that resources need to be shifted to focus on the administration's anti-cartel efforts.
Biden established Task Force KleptoCapture and the Kleptocracy Asset Recovery Initiative to punish Russian oligarchs in the wake of the Russian invasion of Ukraine. This empowered the U.S. to seize valuable assets, such as yachts worth $120 million, personal airplanes and funds based in the West.
However, President Donald Trump made it a top priority to hit Mexican cartels and criminal activity along and involving the southern border of the U.S.
To that end, Trump signed an executive order designating the cartels as Foreign Terrorist Organizations (FTO), equating the criminal organizations to groups such as ISIS and al-Qaeda and broadening the legal tools available to undermine them.
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