BREAKING NEWS Out Of The DOJ

Dean James AMERICA’S FREEDOM FIGHTERS

The Trump Justice Department is ending an Obama-era program called “Operation Choke Point” that had attempted to cut off credit to ‘shady’ businesses but came under fire from Republicans for unfairly targeting gun dealers and other legitimate operations.

“In 2013, Operation Choke Point was launched by the Department of Justice. Supposedly, they are using this to investigate banks and the companies they do business with that the DOJ deems as a high risk for fraud. Among the businesses deemed as high risk by the FDIC are: firearms, ammunition, fireworks, lottery sales, life-time memberships, coin dealers, home-based charities, money transfer networks, telemarketing, tobacco sales, credit repair services and others.”

Just days after top House Republicans had pressed Attorney General Jeff Sessions to shutter Operation Choke Point, the department confirmed in a response letter that the program is dead.

ADVERTISEMENT - STORY CONTINUES BELOW

“All of the Department’s bank investigations conducted as part of Operation Chokepoint are now over, the initiative is no longer in effect, and it will not be undertaken again,” Assistant Attorney General Stephen Boyd said in the Aug. 16-dated letter, calling it a “misguided initiative” from the prior administration.

Fox News reports that 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.

take our poll - story continues below

Whom do you consider to be the most corrupt Democrat Politician?

  • Whom do you consider to be the most corrupt Democrat Politician?  

  • This field is for validation purposes and should be left unchanged.
Completing this poll grants you access to AFF updates free of charge. You may opt out at anytime. You also agree to this site's Privacy Policy and Terms of Use.

Goodlatte and others behind the letter applauded the reversal Friday, saying in a statement: “The Obama Administration created this ill-advised program to suffocate legitimate businesses to which it was ideologically opposed by intimidating financial institutions into denying banking services to those businesses. … By ending Operation Choke Point, the Trump Justice Department has restored the Department’s responsibility to pursue lawbreakers, not legitimate businesses.”

The program, launched when Eric Holder was attorney general, 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.

ADVERTISEMENT - STORY CONTINUES BELOW

“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 last week.

 

God Bless. Source- AFF

FOLLOW us on Facebook at Nation In Distress!

Facebook Has Banned Us!

The leftists at Facebook decided they didn’t like our message, so they removed our page and are censoring us. Help us fight back and subscribe to our newsletter so that you can stay up-to-date with everything Facebook doesn’t want you to see!

ADVERTISEMENT - STORY CONTINUES BELOW


Facebook Comments