Operation Choke Point was an initiative of the United States Department of Justice beginning in 2013 [1] which investigated banks in the United States and the business they did with firearm dealers, payday lenders, and other companies that, while operating legally, were said to be at a high risk for fraud and money laundering.

2 days ago · Congress Investigates Debanking, FDIC’s “Choke Point 2.0” Documents Revealed Feb 5, 2025, 07:50am EST ‘This Is A Big Deal’—$10 Trillion Bitcoin Predicted As Trump Fuels Huge Price Boom

1 day ago · Friction point: "The Biden administration's Operation Choke Point 2.0 was carried out by the prudential regulators to target, ... (R-Pa.) said in his opening remarks. "Operation Choke Point" is a reference to an Obama-era program that used banking regulation to restrict certain industries, such as payday lenders and firearms companies. The ...

May 29, 2014 · Acting in coordination with Operation Choke Point, bank regulators labeled a wide range of lawful merchants as “high-risk” – including coin dealers, firearms and ammunition sales, and short-term lending.

2 days ago · Hearing Entitled: Operation Choke Point 2.0: The Biden Administration's Efforts to Put Crypto in the Crosshairs Thursday, February 6, 2025 2:00 PM in 2128 Rayburn House Office Building Oversight and Investigations Subcommittee . Click here to view the Committee Memorandum Click here to view the livestream of this hearing. ...

Mar 7, 2024 · Lobbyists resurrected their Operation Choke Point narrative in revised form: Instead of a government agency conspiracy, Operation Choke Point now stood for a privatized conspiracy of anti-gun bankers.

May 29, 2014 · WASHINGTON – House Oversight and Government Reform Committee Chairman Darrell Issa (R-Calif.) today released a staff report, The Department of Justice’s “Operation Choke Point”: Illegally Choking Off Legitimate Businesses?, on the DOJ’s wide-ranging investigation of banks and payment processors.

Aug 17, 2017 · The move hands a big victory to Republican lawmakers who charged that the initiative — dubbed “Operation Choke Point” — was hurting legitimate businesses.

with Operation Choke Point, bank regulators labeled a wide range of lawful merchants as “high-risk” – including coin dealers, firearms and ammunition sales, and short-term lending. Operation Choke Point effectively transformed this guidance into an implicit threat of a federal investigation.

Aug 22, 2017 · Operation Choke Point was begun by the United States Department of Justice during the Obama administration, and the stated purpose of the program was to “choke off” banking services to persons who were engaged in illegal activities, such as money laundering.