"Choke Point" Hearings Yield Predictable Responses From FDIC Chairman
3:00pm Tuesday, April 14, 2015
Last year, we began reporting on the Obama administration’s "Operation Choke Point" and the use of federal financial services regulators to harass and intimidate banks and financial service providers who maintain relationships with legal but so-called "high risk" merchants or businesses. By leaning on the banks, the regulators hope to cause them to sever relationships with these businesses,...

