Mexican President Claudia Sheinbaum responded sharply Thursday to U.S. government sanctions to block transfers from three Mexican financial institutions, saying Washington hasn't shown evidence of its allegations of money laundering.

The U.S. Treasury accuses CIBanco and Intercam Banco of money laundering and facilitating payments related to fentanyl.

Mexico’s president slams sanctions on Mexican banks by Trump administration Mexican President Claudia Sheinbaum responded sharply Thursday to U.S. government sanctions blocking transfers from three Mexican financial institutions,