 In June 2010, Calderón "announced strict limits on the amount in U.S. dollars that can be deposited or exchanged in banks", but the proposed restrictions to financial institutions are facing tough opposition in the Mexican legislature.In 2011, Wachovia, at one time a major U.S. bank, was implicated in laundering money for Mexican drug lords.In a settlement, Wachovia paid federal authorities $110 million in forfeiture.