From Washington Examiner:
House Judiciary Committee Chairman Bob Goodlatte, R-Va., and the other GOP lawmakers had written to the DOJ last week asking the administration to formally “repudiate” the program’s guidelines. The program attempted to discourage banks from offering financial services to “high risk” customers – a list that included short-term lenders and firearms dealers – but was accused of hurting legal businesses in those categories.
“Operation Choke Point was an Obama Administration initiative that destroyed legitimate businesses to which that Administration was ideologically opposed (e.g., firearms dealers) by intimidating financial institutions into denying banking services to those businesses,” the GOP lawmakers wrote.
The Trump administration has ended Operation Choke Point, the anti-fraud initiative started under the Obama administration that many Republicans argued was used to targeted gun retailers and other businesses that Democrats found objectionable.
Assistant Attorney General Stephen Boyd told GOP representatives in a Wednesday letter that the long-running program had ended, bringing a conclusion to a chapter in the Obama years that long provoked and angered conservatives who saw Choke Point as an extra-legal crackdown on politically disfavored groups.
From Fox News:Assistant Attorney General Stephen Boyd told GOP representatives in a Wednesday letter that the long-running program had ended, bringing a conclusion to a chapter in the Obama years that long provoked and angered conservatives who saw Choke Point as an extra-legal crackdown on politically disfavored groups.
House Judiciary Committee Chairman Bob Goodlatte, R-Va., and the other GOP lawmakers had written to the DOJ last week asking the administration to formally “repudiate” the program’s guidelines. The program attempted to discourage banks from offering financial services to “high risk” customers – a list that included short-term lenders and firearms dealers – but was accused of hurting legal businesses in those categories.
“Operation Choke Point was an Obama Administration initiative that destroyed legitimate businesses to which that Administration was ideologically opposed (e.g., firearms dealers) by intimidating financial institutions into denying banking services to those businesses,” the GOP lawmakers wrote.
