The Resurgence of Imperial Presidency and Allegations of Money Laundering

Web Editor

June 25, 2025

a man in a suit and tie with his arms crossed and his arms crossed, with a blue background, Fernando

A Historical Perspective on Disagreement with López Obrador

Eight years ago, I expressed my disagreement with López Obrador to the esteemed journalist Héctor de Maulón, stating that he only offers a return to a past I am all too familiar with and do not want for Mexico. Unfortunately, in 2018, López Obrador won and began to dismantle the institutions built during Mexico’s brief democratic spring. In five years of shrewd political labor, he managed to change the regime of the Republic and resurrected the Imperial Presidency.

However, it is disheartening to see that the lopezobradorismo and its continuity take us back to an authoritarian past that the new generations do not deserve. The proposal for electoral reform, “la revolución de las conciencias,” offers the 21st-century generations a chance to start their journey anew, much like Sisypheus’ eternal task.

Money Laundering Allegations Against Mexican Banks

Scott Bessent, the United States Secretary of the Treasury, announced that investigations by the Office of Foreign Assets Control detected that three Mexican banks are involved in money laundering for fentanyl cartels.

The banking institutions denied these claims, and the Secretariat of Hacienda requested that US authorities provide evidence since, for some reason, the Treasury Secretary did not present any proof to the Mexican government.

This situation might stem from a lack of trust, as the same Treasury office that made the money laundering allegations also accused Texas of smuggling stolen Pemex crude and even provided a map. Despite being informed since May, the Mexican government has not completed its investigation or made any arrests.

Potential Misinformation of President Sheinbaum

On Wednesday, President Claudia Sheinbaum failed to provide an accurate response when asked about her opinion on agent Matthew W. Allen’s claim that members of the Jalisco Nueva Generación cartel spied on the DEA in New York.

She was not informed that the spying occurred in New York, and although the DEA may have exaggerated it, the outcome was bloody as the cartel identified one of Rubén Oceguera’s trial witnesses, Iván Morales. Morales, once part of the now-defunct Federal Police, survived a helicopter shootdown by the cartel’s leader and the defendant’s father. He was identified, killed in May, but none of this information reached President Sheinbaum.

SWIRLING NOTES

Ricardo Monreal overstates his claim that “espionage will not return to citizens.” How does the legislator suppose intelligence information is gathered? The ruling party accuses opponents of lacking ethics. This role is complicated, as those who, in September 2024 without shame, co-opted Miguel Ángel Yunes Márquez’s vote to pass the judicial reform will likely discover they misunderstood their position, according to newly elected Supreme Court minister Arístides Guerrero…