Operation Choke Point: Obama Administration Uses FDIC Intimidation on Unfavorable Businesses

Operation Choke Point: Eric Holder’s Department of Justice conducted Operation Choke Point by using informal guidance language to manipulate the FDIC into intimidating banks and third-party payment processors to drop services to whole categories of businesses the Obama administration disfavors, such as online arms and ammunition sellers, gold and silver dealers, tobacconists, and payday lenders. […]