Press releases
What federal agencies are saying publicly — newest first, straight from their newsrooms.
Department of War Establishes Direct Reporting Portfolio Manager for Unmanned Systems to Ensure American Drone Dominance
The War Department announced the comprehensive consolidation of all Unmanned and Autonomous Systems under a newly established, direct-report position to the deputy secretary of war.
Read the release →Secretary Rollins Announces $500 Million for Fertilizer Investment and Expansion Program to Strengthen America’s Fertilizer Supply Chain
(Washington, D.C., July 1, 2026) – U.S. Secretary of Agriculture Brooke L. Rollins today announced the launch of the $500 million Fertilizer Investment & Expansion for Long-Term Domestic Supply (FIELDS) Program, a new initiative administered through USDA Rural Development to expand domestic fertilizer manufacturing, strengthen America’s fertilizer supply chain, and improve long-term affordability for American farmers.
Read the release →Treasury Sanctions Brazilian Criminal Network Exploiting U.S. Financial System to Launder Drug Proceeds
U.S. Department of the Treasury Office of Public Affairs Press Release: July 1, 2026 Contact: Treasury Public Affairs, Press@treasury.gov Treasury Sanctions Brazilian Criminal Network Exploiting U.S. Financial System to Launder Drug Proceeds WASHINGTON— Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated two Brazilian nationals, three Brazilian companies, and one Portuguese company for their links to Latin America’s largest criminal gang, Brazil-based Primeiro Comando da Capital (PCC). PCC represents a significant threat to U.S. national security, as its operatives throughout the United States, particularly in Florida, launder drug proceeds and contribute to a cycle of criminality. PCC is now the largest transnational criminal organization (TCO) in the Western Hemisphere, and in recent years has expanded its operations globally, with significant presence in countries such as the United Kingdom, Turkey, and Japan. In the United States, PCC represents a real and growing criminal threat. Networks such as the one targeted today engage in drug trafficking, bulk cash smuggling for cartels, and other illicit activities to generate revenue streams for PCC. Recent law enforcement actions by Brazilian authorities revealed a PCC-controlled trade-based money laundering operation utilizing a Chinese electronics distribution network and Chinese e-commerce platform to launder more than $190 million over seven months. “This designation is another step by the United States government to address and acknowledge the increasing presence of Primeiro Comando da Capital’s illicit revenue generation within our borders,” said Gene Lange , who is performing the duties of the Under Secretary for Terrorism and Financial Intelligence . “Organized crime within the Western Hemisphere must not be allowed to establish operations on American soil that contribute to criminality and lawlessness.” Today’s action reflects the culmination of a coordinated Homeland Security Task Force (HSTF)-led investigation involving the Federal Bureau of Investigation’s (FBI) Miami Field Office and the U.S. Department of Justice’s (DOJ) Money Laundering, Narcotics and Forfeiture Section. OFAC works in close coordination with the HSTFs, which target the proliferation of illicit drugs and the networks, enablers, and financial mechanisms that support their production and distribution. This unified, whole-of-government approach ensures operational coordination to maximize the impact against transnational criminal networks. This action was taken pursuant to Executive Order (E.O.) 14059, which targets the proliferation of illicit drugs and their means of production, as well as E.O. 13224, as amended, which targets terrorists and their supporters. DOJ AND TREASURY COORDINATE TO DISRUPT A PCC MONEY LAUNDERING NETWORK The PCC money laundering network targeted in today’s action has operated from two main locations: Florida and São Paulo, Brazil. In January 2026, FBI arrested six members of the Florida-based group who have been indicted on money laundering charges in the United States District Court for the Southern District of Florida. Today’s OFAC action targets the São Paulo-based node of the network, led by Victor Henrique de Oliveira Shimada (Shimada) and Stella Stefanie Nunes Henrique de Oliveira (Stella). São Paulo-based Shimada has been a key link between the Florida-based PCC operatives and foreign drug traffickers. Shimada and his organization have laundered more than $30 million in illicit proceeds generated in and around multiple cities in the United States, utilizing cryptocurrency to move funds back to Brazil on behalf of PCC. Shimada has also engaged in other financial crimes beyond the laundering of drug proceeds. In January 2025, Shimada was briefly held under house arrest in Brazil because one of his companies, Victory Trading Intermediacão De Negocios Cobrancas E Tecnologia Ltda (Victory Trading), was used to launder money stolen from a Brazilian soccer club as part of an advertising fraud scheme. Stella is a close associate and relative of Shimada who has worked as his secretary and served as a broker for bulk cash pickups, providing critical logistical services that have supported Shimada and his network in their laundering operations. Victor Henrique de Oliveira Shimada is being designated today pursuant to Executive Order 14059 for having provided, or attempted to provide, financial, material, or technological support for, or goods or services in support of PCC. Additionally, Shimada is being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, PCC. Stella Stefanie Nunes Henrique de Oliveira is being designated today pursuant to Executive Order 14059 and E.O. 13224, as amended, for being owned, controlled, or directed by, or having acted or purported to act for or on behalf of, directly or indirectly, Victor Henrique de Oliveira Shimada. PREVIOUS OFAC ACTIONS TARGETING PCC Today marks OFAC’s third action against the PCC and its operatives. On March 14, 2024 , OFAC designated Diego Macedo Gonçalves do Carmo pursuant to E.O. 14059 for the significant role he played in laundering significant sums of money for PCC. On December 15, 2021 , OFAC designated PCC as an organization pursuant to E.O. 14059 for having engaged in, or attempted to engage in, activities or transactions that have materially contributed to, or pose a significant risk of materially contributing to, the international proliferation of illicit drugs or their means of production. AN EXTENSIVE CORPORATE NETWORK CONTROLLED BY PCC Relying on a network of companies, Shimada is able to evade detection while receiving illicit funds generated in the United States and launder these funds for PCC in Brazil. The companies include Victory Trading, Pixwave Solucoes De Pagamentos Ltda (Pixwave), and Wave Construcoes Inteligentes Ltda (Wave), all based in São Paulo. Victory Trading and Wave are financial services companies; Pixwave is a construction company. Additionally, Shimada owns Avenidas Flutuantes Unipessoal Lda , a transportation and storage company based near Lisbon, Portugal. Victory Trading Intermediacão De Negocios Cobrancas E Tecnologia Ltda, Pixwave Solucoes De Pagamentos Ltda, Wave Construcoes Inteligentes Ltda, and Avenidas Flutuantes Unipessoal Lda are being designated today pursuant to E.O. 14059 and E.O. 13224, as amended, for being owned, controlled, or directed by, or having acted or purported to act for or on behalf of, directly or indirectly, Shimada. SANCTIONS IMPLICATIONS As a result of today’s action, all property and interests in property of the designated or blocked persons described above that are in the United States or in the possession or control of U.S. persons are blocked and must be reported to OFAC. In addition, any entities that are owned, directly or indirectly, individually or in the aggregate, 50 percent or more by one or more blocked persons are also blocked. Unless authorized by a general or specific license issued by OFAC, or exempt, OFAC’s regulations generally prohibit all transactions by U.S. persons or within (or transiting) the United States that involve any property or interests in property of blocked persons. Violations of U.S. sanctions may result in the imposition of civil or criminal penalties on U.S. and foreign persons. OFAC may impose civil penalties for sanctions violations on a strict liability basis. OFAC’s Economic Sanctions Enforcement Guidelines provide more information regarding OFAC’s enforcement of U.S. economic sanctions. In addition, financial institutions and other persons may risk exposure to sanctions for engaging in certain transactions or activities involving designated or otherwise blocked persons. The prohibitions include the making of any contribution or provision of funds, goods, or services by, to, or for the benefit of any designated or blocked person, or the receipt of any contribution or provision of funds, goods, or services from any such person. Non-U.S. persons are also prohibited from causing or conspiring to cause U.S. persons to wittingly or unwittingly violate U.S. sanctions, as well as engaging in conduct that evades U.S. sanctions. Individuals located in the U.S. or abroad who provide information about sanctions violations to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network’s (FinCEN) whistleblower incentive program may be eligible for awards if the information they provide leads to a successful enforcement action that results in monetary penalties exceeding $1,000,000. Furthermore, engaging in certain transactions involving the persons designated today may risk the imposition of secondary sanctions on participating foreign financial institutions. OFAC can prohibit or impose strict conditions on opening or maintaining, in the United States, a correspondent account or a payable-through account of a foreign financial institution that knowingly conducts or facilitates any significant transaction on behalf of a person who is designated pursuant to the relevant authority. The power and integrity of OFAC sanctions derive not only from OFAC’s ability to designate and add persons to the Specially Designated Nationals and Blocked Persons List (SDN List), but also from its willingness to remove persons from the SDN List consistent with the law. The ultimate goal of sanctions is not to punish, but to bring about a positive change in behavior. For information concerning the process for seeking removal from an OFAC list, including the SDN List, or to submit a request, please refer to OFAC’s guidance on Filing a Petition for Removal from an OFAC List . For more information on the persons designated today, click here . ###
Read the release →Treasury Opens the New Designation Cycle for Opportunity Zones
U.S. Department of the Treasury Office of Public Affairs Press Release: July 1, 2026 Contact: Treasury Public Affairs, Press@treasury.gov Treasury Opens the New Designation Cycle for Opportunity Zones The Working Families Tax Cuts Permanently Established a Process for States to Drive More Capital to Overlooked Communities Across America WASHINGTON – The U.S. Department of the Treasury announced the opening of the next nomination period for states, territories, and the District of Columbia to nominate eligible communities to be designated as Qualified Opportunity Zones (QOZs). Under President Trump’s Working Families Tax Cuts, the Opportunity Zone tax incentive was permanently renewed, enhanced incentives for investment in eligible rural communities were added, and a process was established for redesignating zones every 10 years. “Under President Trump’s leadership, the Working Families Tax Cuts permanently renewed and strengthened Opportunity Zones, giving investors, entrepreneurs, and local leaders the long-term certainty they need to commit capital to communities that have been overlooked for too long,” said Treasury Secretary Scott Bessent . “With the nomination period now open, governors have the opportunity to help direct private investment to communities that stand to benefit most. Treasury looks forward to working with states to expand economic opportunity, support job creation, and unlock long-term growth in communities across the country.” To assist with this process, the Community Development Financial Institutions Fund (CDFI Fund) has developed an Opportunity Zone Nomination Tool , through which governors can identify and select communities, and access detailed instructions for completing and submitting nominations. Background Under President Trump’s Working Families Tax Cuts, the permanent renewal of the Opportunity Zone tax incentives, including enhanced incentives for investment in eligible rural communities, will continue to boost private investment to underserved communities across America, building on tens of billions of private sector dollars already invested since these tax incentives were established by the 2017 Tax Cuts and Jobs Act. The current nomination period will determine which census tracts are eligible for new investment beginning January 1, 2027. Because new designations will occur only once every 10 years, jurisdictions that do not nominate an eligible tract during this window would not have another opportunity until the next designation cycle. The census tracts eligible for designation include some of the most distressed areas in the country, and designation as a QOZ can help attract new investment, create jobs, stimulate economic growth, and provide meaningful opportunities for residents. The poverty rate, median family income rate and other variables will be available in the CDFI Fund’s Community Investment Mapping System (CIMS) and on the Treasury Department’s data transparency page which is available here . On April 6, the Treasury Department and the IRS also released a list of 25,332 eligible census tracts for nomination, of which 8,334 are eligible for rural benefits enacted as part of the Working Families Tax Cuts. Additional information on nomination procedures was sent directly to the Governors and the Mayor of the District of Columbia. The list of eligible census tracts is available here . ###
Read the release →Fireworks, Flavor, and a 250th Birthday: How to Keep Cookout Favorites Food Safe All Holiday Weekend
(Washington, D.C., July 1, 2026) – In preparation for America’s 250th Anniversary on the Fourth of July, the U.S. Department of Agriculture’s (USDA) Food Safety and Inspection Service (FSIS) provides tips for practicing safe food handling when grilling and hosting outdoor gatherings.
Read the release →SEC Publishes Updated Market Statistics, Highlighting Increase in IPOs and Proceeds Raised
The Securities and Exchange Commission’s Division of Economic and Risk Analysis (DERA) published updated statistics and data visualizations covering key segments of the U.S. capital markets, including three new asset-backed securities (ABS) issuance data…
Read the release →FTC Seeks Public Comment on Policy Statement Addressing AI Accuracy
The Federal Trade Commission is seeking public comment on a proposed policy statement addressing concerns that AI companies may be manipulating the b View Press Release
Read the release →Secretary Rollins Announces Program to Support Small- and Mid-Size Beef Processors
(Washington, D.C., June 30, 2026) – Today, U.S. Secretary of Agriculture Brooke L. Rollins announced the Strengthening Processing for U.S. Ranchers (SPUR) Program that will provide temporary support for eligible beef processing establishments. Under SPUR, the U.S. Department of Agriculture will provide up to $500 million in payments to eligible entities to support stronger and more stable market opportunities for American ranchers.
Read the release →Treasury Targets Criminal Facilitators Behind CJNG’s Cross‑Border Fuel Smuggling Schemes
U.S. Department of the Treasury Office of Public Affairs Press Release: June 30, 2026 Contact: Treasury Public Affairs, Press@treasury.gov Treasury Targets Criminal Facilitators Behind CJNG’s Cross‑Border Fuel Smuggling Schemes Treasury Issues Alert on Cartel Fuel Smuggling and Tax Evasion Schemes on the U.S. Southern Border WASHINGTON —Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) and Financial Crimes Enforcement Network (FinCEN) announced multiple actions combatting fuel smuggling schemes linked to Cartel de Jalisco Nueva Generacion (CJNG), a violent drug cartel designated under both counternarcotics and counterterrorism authorities. OFAC has sanctioned two Mexican nationals and nine entities tied to a CJNG-linked fuel theft scheme—involving cross-border smuggling, falsified customs documents, and shell companies—to evade Mexican taxes while generating tens of millions of dollars annually for the cartel. In addition, FinCEN issued a supplemental Alert providing additional guidance on financial typologies and red flags indicative of CJNG and other Mexico-based transnational criminal organizations (TCOs) smuggling fuel from the United States into Mexico in schemes involving Mexican tax evasion. "Today's action highlights the extent to which Mexico's cartels are expanding beyond traditional drug trafficking to generate revenue for their criminal organizations, which continue to traffic deadly drugs that kill Americans," said Secretary of the Treasury Scott Bessent . "Treasury's actions targeting these illicit revenue streams advance the Trump Administration's priority of dismantling these terrorist organizations and making America safe again." Today’s action reflects strong collaboration between OFAC and FinCEN, and was coordinated with a South Texas Homeland Security Task Force (HSTF)-led investigation involving the Drug Enforcement Administration (DEA), Homeland Security Investigations (HSI), Federal Bureau of Investigation (FBI), Internal Revenue Service – Criminal Investigation (IRS-CI), Department of Commerce – Bureau of Industry and Security (BIS), and U.S. Customs and Border Protection (CBP), among others. OFAC and FinCEN work in close coordination with the HSTFs, which target the proliferation of illicit drugs and the networks, enablers, and financial mechanisms that support their production and distribution. Today’s sanctions were also developed jointly with the Government of Mexico’s financial intelligence unit, the Unidad de Inteligencia Financiera (UIF). Among those designated is Oscar Guillermo Juraidini Silva , who supports CJNG in a fuel smuggling enterprise that generates hundreds of millions of dollars each year. FinCEN’s Alert is one of several recent FinCEN advisory and analytic products on revenue streams and illicit activity associated with Mexico-based FTOs and other criminal organizations, to include the procurement of fentanyl precursor chemicals and fentanyl-related threat patterns and trends ; timeshare fraud ; human smuggling along the southwest border ; bulk cash smuggling ; Chinese money laundering networks and associated threat patterns and trends ; crude oil smuggling on the southwest border ; cross-border funds transfers involving illegal aliens ; human trafficking associated with the 2026 FIFA World Cup ; and non-work authorized populations and their employers and risks to the integrity of the U.S. financial system . CJNG: VIOLENT DRUG CARTEL AND FOREIGN TERRORIST ORGANIZATION CJNG is a U.S.-designated foreign terrorist organization (FTO) and specially designated global terrorist (SDGT) that is responsible for a significant proportion of fentanyl and other deadly drugs trafficked into the United States. On February 20, 2025 , the Department of State designated CJNG as an FTO and SDGT. Treasury previously sanctioned CJNG on April 8, 2015 pursuant to the Foreign Narcotics Kingpin Designation Act and on December 15, 2021 pursuant to Executive Order (E.O.) 14059, which targets the international proliferation of illicit drugs and their means of production. OFAC has taken numerous actions against CJNG-linked individuals and companies for enabling drug trafficking, money laundering, and corruption. In recent years, Mexico-based drug trafficking cartels like CJNG have become increasingly involved in the theft, adulteration, and smuggling of hydrocarbons, such as fuel and oil, in schemes colloquially referred to in Mexico as huachicol. These schemes have grown into powerful revenue generators for CJNG through the theft of tens of billions of dollars in lost revenue for the Mexican government and have enabled CJNG campaigns of narcotics trafficking in the United States, violence against Mexican government forces along the U.S. southwest border, and corruption within Mexico. Over the last two years, OFAC has taken a series of actions targeting cartel involvement in the illicit practice of huachicol , including on September 10, 2024 and on May 1, 2025 . Similarly, FinCEN’s May 2025 Alert provided financial typologies and red flags indicative of crude oil smuggling schemes on the U.S. southwest border associated with CJNG and other Mexico-based TCOs. In the 12-month period following this Alert, FinCEN received over 160 Suspicious Activity Reports (SARs) that detailed over $7 billion in suspicious activity, sent primarily between the United States and Mexico and often involving Mexican cartels, most commonly CJNG. The most common U.S. states involved in the SARs are Texas and Florida. In Texas, the subjects were mostly located in cities and towns near the U.S.–Mexico border, including Brownsville, Mission, Eagle Pass, and McAllen with most subjects involved in the oil and natural gas and transportation industries. CRUDE CRIMINALS AND BEYOND: MEXICAN NORTHBOUND OIL SMUGGLING AND SOUTHBOUND FUEL SMUGGLING Huachicol -related activities are currently the most significant non-drug revenue source for Mexican cartels and other illicit actors. Huachicol -related activities generally encompass (1) fuel and oil theft in Mexico, (2) the smuggling of crude oil into the United States, and (3) the smuggling of fuel from the United States into Mexico involving Mexican tax evasion schemes known as fiscal fuel theft ( huachicol fiscal ). Thieves in Mexico (known as huachicoleros ) use a variety of means to steal fuel and crude oil from Mexico’s state-owned energy company, Petróleos Mexicanos (Pemex), including bribing corrupt Pemex employees, illegally drilling taps into pipelines, stealing from refineries, hijacking tanker trucks, and threatening Pemex employees. Fuel stolen from Pemex is sold on the black market around Mexico. As highlighted in FinCEN’s May 2025 Alert, stolen crude oil is smuggled into the United States through complicit Mexican brokers and often mislabeled as “waste oil” or other hazardous material to avoid scrutiny and evade taxes and regulations. The oil is then delivered to complicit U.S. importers in the oil and natural gas industry operating near the U.S. southwest border, who sell it at a steep discount on the U.S. and global energy markets before repatriating the significant illicit profits back to the cartels in Mexico. As FinCEN’s supplemental Alert highlights, fiscal fuel theft schemes involve Mexico-based cartels and their huachicoleros smuggling gasoline, diesel, naphtha, and other fuel from the United States across the southern border or U.S. ports into Mexico in schemes to evade Mexico’s import tax on fuel, known as I mpuesto Especial sobre Producción y Servicios (IEPS). Through these schemes, the cartels use complicit Mexican trading companies ( comercializadoras ) with fuel distribution permits from Mexico’s National Energy Commission (Comisión Nacional de Energía) to purchase fuel from complicit U.S. fuel distribution companies and issue false invoices to legitimize and commercialize the illicit fuel in Mexico. These brokers, however, lack the appropriate permits from Mexico’s Secretariat of Energy (Secretaría de Energía) to import fuel into Mexico. As part of the scheme, complicit U.S. fuel distributors leverage their relationships with major U.S. refineries and fuel distributors to purchase and then divert fuel to interconnected networks of U.S. and Mexican front and shell companies in the freight, logistics, and other industries before it is smuggled into Mexico via tanker trucks, railcars, and shadow fleets of maritime vessels. The Mexican cartels and their huachicoleros can evade the IEPS through various means, including misclassifying customs documentation, bribery of government officials, or other methods before transporting the fuel to storage yards under their control and then selling it within Mexico for a steep profit through cartel-controlled or affiliated gas stations and unregulated roadside fuel stops. Public reporting suggests that a quarter to a third of all fuel sold in Mexico may be illicit. According to FinCEN’s analysis of Bank Secrecy Act reporting, the Mexican cartels primarily use the brokers and their access to the Mexican financial system to send international wire transfers and digital asset payments to the complicit U.S. fuel distribution companies for the smuggled fuel — either directly or through shell companies acting as pass-through accounts. In other cases, the cartels may pay the complicit U.S. fuel distributors directly through structured cash deposits into their bank accounts with illicit proceeds from drug trafficking and other criminal activities in the United States as a form of trade-based money laundering. The complicit U.S. fuel distributors obfuscate these ill-gotten fuel sales through a variety of money laundering typologies including purchases of (i) luxury goods such as high-end vehicles, high-value jewelry or exclusive vacation rentals/travel destinations; (ii) real estate; and (iii) investment assets. In Mexico, the cartels use their illicit profits from the black market fuel sales to make cash payments to Mexican political campaigns and media outlets to help elect corrupt Mexican politicians willing to assist the cartels control key administrative positions in the government, which facilitates fuel smuggling operations and access to state contracts to launder the illicit profits from these schemes and other criminal activities. FRACTURING CJNG’S FUEL FACILITATORS Building upon OFAC’s prior actions, today OFAC designated Oscar Guillermo Juraidini Silva ( Juraidini ), who is a key business person facilitating CJNG’s fuel theft enterprise. Juraidini operates as an accountant and the mastermind behind certain financial operations for CJNG. Juraidini creates and operates shell companies on behalf of CJNG, and falsifies customs documents for CJNG to aid in the illicit cross-border transfer of fuel. Juraidini imports fuel from the United States into Mexico that is intentionally mislabeled in customs documentation to circumvent Mexican IEPS taxes. The majority of Juraidini’s clients are gas station companies, which receive the refined fuel products and sell them via retail gas stations. Juraidini generates tens of millions of dollars annually, benefiting CJNG. Juraidini owns six businesses in Mexico, operating in transportation, financial services, and real estate sectors. Juraidini’s Mexican companies include: Centro Cambiario La Peseta, S.A. de C.V. ; OJ Living Trust, S.A.P.I. de C.V. ; RK Real King, S.A. de C.V. ; Soma Transporte y Servicios, S.A. de C.V. ; Ogui Fletes ; and OF Transportes . In addition, Juraidini owns a business based in the United Kingdom, Cucumber Sweet Waves Ltd . OFAC designated Oscar Guillermo Juraidini Silva pursuant to E.O. 14059 and E.O. 13224, as amended, for being owned, controlled, or directed by, or having acted or purported to act for or on behalf of, directly or indirectly, CJNG. Additionally, OFAC designated the companies Centro Cambiario La Peseta, S.A. de C.V.; OJ Living Trust, S.A.P.I. de C.V.; RK Real King, S.A. de C.V.; Soma Transporte y Servicios, S.A. de C.V.; Ogui Fletes; OF Transportes; and Cucumber Sweet Waves Ltd pursuant to E.O. 14059 and E.O. 13224, as amended, for being owned, controlled, or directed by, or having acted or purported to act for or on behalf of, directly or indirectly, Oscar Guillermo Juraidini Silva. Today, OFAC also designated J. Refugio Ruiz Villagomez , who plays a role in Jomadi Logistics & Cargo, S.A. de C.V. ( Jomadi ) and Ahavat Logistics Solution, S.A. de C.V. ( Ahavat ). J. Refugio Ruiz Villagomez has knowingly smuggled fuel from the United States into Mexico without proper permits. He pays fees to cartels and other criminal organizations that control ports of entry between the United States and Mexico. According to investigative findings made public by Mexico’s Attorney General’s office, Jomadi is an import and export company involved in huachicol fiscal . Jomadi and Ahavat have transacted through the U.S. financial system to the tune of tens of millions of dollars with third parties linked to CJNG that have been involved in huachicol -related activities. OFAC designated Jomadi Logistics & Cargo, S.A. de C.V. and Ahavat Logistics Solution, S.A. de C.V. pursuant to E.O. 14059 for having provided, or attempted to provide, financial, material, or technological support for, or goods or services in support of, CJNG. Additionally, OFAC designated Jomadi Logistics & Cargo, S.A. de C.V. and Ahavat Logistics Solution, S.A. de C.V. pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, CJNG. OFAC also designated J. Refugio Ruiz Villagomez pursuant to E.O. 14059 and E.O. 13224, as amended, for being owned, controlled, or directed by, or having acted or purported to act for or on behalf of, directly or indirectly, Jomadi Logistics & Cargo, S.A. de C.V. and Ahavat Logistics Solution, S.A. de C.V. SANCTIONS IMPLICATIONS As a result of today’s action, all property and interests in property of the designated or blocked persons described above that are in the United States or in the possession or control of U.S. persons are blocked and must be reported to OFAC. In addition, any entities that are owned, directly or indirectly, individually or in the aggregate, 50 percent or more by one or more blocked persons are also blocked. Unless authorized by a general or specific license issued by OFAC, or exempt, OFAC’s regulations generally prohibit all transactions by U.S. persons or within (or transiting) the United States that involve any property or interests in property of blocked persons. Violations of U.S. sanctions may result in the imposition of civil or criminal penalties on U.S. and foreign persons. OFAC may impose civil penalties for sanctions violations on a strict liability basis. OFAC’s Economic Sanctions Enforcement Guidelines provide more information regarding OFAC’s enforcement of U.S. economic sanctions. In addition, financial institutions and other persons may risk exposure to sanctions for engaging in certain transactions or activities involving designated or otherwise blocked persons. The prohibitions include the making of any contribution or provision of funds, goods, or services by, to, or for the benefit of any designated or blocked person, or the receipt of any contribution or provision of funds, goods, or services from any such person. Non-U.S. persons are also prohibited from causing or conspiring to cause U.S. persons to wittingly or unwittingly violate U.S. sanctions, as well as engaging in conduct that evades U.S. sanctions. Individuals located in the United States or abroad who provide information about sanctions violations to the Financial Crimes Enforcement Network’s whistleblower incentive program may be eligible for awards if the information they provide leads to a successful enforcement action that results in monetary penalties exceeding $1,000,000. Furthermore, engaging in certain transactions involving the persons designated pursuant to E.O. 13224, as amended, may risk the imposition of secondary sanctions on participating foreign financial institutions. OFAC can prohibit or impose strict conditions on opening or maintaining, in the United States, a correspondent account or a payable-through account of a foreign financial institution that knowingly conducts or facilitates any significant transaction on behalf of a person who is designated pursuant to the relevant authority. The power and integrity of OFAC sanctions derive not only from OFAC’s ability to designate and add persons to the Specially Designated Nationals and Blocked Persons List (SDN List), but also from its willingness to remove persons from the SDN List consistent with the law. The ultimate goal of sanctions is not to punish, but to bring about a positive change in behavior. For information concerning the process for seeking removal from an OFAC list, including the SDN List, or to submit a request, please refer to OFAC’s guidance on Filing a Petition for Removal from an OFAC List . Click here to view a chart on the persons designated today . Click here for more information on the persons designated today . ###
Read the release →Press Release: Agencies Release List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies
PRESS RELEASE | JUNE 30, 2026 Agencies Release List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies WASHINGTON — Federal bank regulatory agencies today released the 2026 list of certain geographies where certain bank activities are eligible for Community Reinvestment Act (CRA) credit. Under the CRA, the agencies assess a bank’s record of meeting the credit needs of its entire community, including low- and moderate-income neighborhoods, consistent with safe and sound operations. The list released by the agencies includes distressed or underserved nonmetropolitan middle-income geographies where revitalization or stabilization activities are eligible to receive CRA consideration. The designations reflect local economic conditions, including unemployment, poverty, and population changes. Previous years’ lists and criteria for designating these areas are available here . Revitalization or stabilization activities in these geographies are eligible to receive CRA consideration under the community development definition for 12 months after publication of the current list. As with past lists, the agencies apply a one-year lag period for geographies that were included in 2025 but are no longer designated as distressed or underserved in the current list. # # # ATTACHMENTS: 2026 List of Distressed or Underserved Nonmetropolitan Middle-Income Geographies (PDF) Source Information and Methodology (PDF) MEDIA CONTACTS: Federal Deposit Insurance Corporation Julianne Fisher Breitbeil (202) 898-6895 Federal Reserve Board Chelsea Grate (202) 452-2955 Office of the Comptroller of the Currency Monica McCoy (202) 649-6870 The FDIC does not send unsolicited email. If this publication has reached you in error, or if you no longer wish to receive this service, please unsubscribe . CONNECT WITH US
Read the release →SEC Seeks Public Comment on Novel Exchange-Traded Funds
The Securities and Exchange Commission today issued a request for public comment on exchange-traded funds (ETFs) seeking to invest in innovative asset classes or engage in novel investment strategies. The request focuses on ways to facilitate innovation…
Read the release →Agencies release list of distressed or underserved nonmetropolitan middle-income geographies
Agencies release list of distressed or underserved nonmetropolitan middle-income geographies
Read the release →