Trump Justice Department ends “Operation Choke Point,” a program the Obama White House used to shut down gun shops
Assistant Attorney General Stephen Boyd, in the letter, described the
program as “a misguided initiative conducted during the previous
administration,” pledging that Attorney General Jeff Sessions’
department was no longer implementing it.
“All of the Department’s bank investigations conducted as part of
Operation Choke Point are now over, the initiative is no longer in
effect, and it will not be undertaken again,” Boyd wrote.
Court documents unsealed earlier this month provide ample evidence
that the Obama administration’s “Operation Choke Point” program
pressured financial institutions into cutting ties with lawful
businesses, including gun dealers, in ways the Mafia could only dream of
getting away with.
According to a news release from the Community Financial Services
Association of America (CFSA), “top government officials and federal
agencies” worked to push banks and other lending institutions into financially punishing businesses and industries the Obama White House opposed on political grounds.
“More than 100 records expose depositions and damaging emails of
government officials, most notably at the Federal Deposit Insurance
Corporation (FDIC), who executed a secretive campaign against lawful
businesses it disfavored while ignoring due process and subverting the
legal and regulatory process,” the CFSA news release reported.
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