Saturday, October 27, 2018

Startling New Evidence In Obama Administration’s Illegal Operation Choke Point Campaign and Cover-Up

  1. Operation Choke Point, one of the many Obama scandals the liberal media has largely ignored, is an illegal targeting campaign in which Attorney General Eric Holder’s Department of Justice and other federal agencies – notably the Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of Currency (OCC) – subverted due process and the rule of law to secretly target the free market.
  2. According to an newly uncovered email between FDIC officials charged with running Operation Choke Point, an unnamed individual at the CFPB was said to have flagged for select FDIC officials certain information on an Atlanta-area bank that had relationships with a particularly disfavored industry.
  3. New evidence of an Obama administration program known as Operation Choke Point – and a concurrent government cover-up – has come to light and proves that the administration went farther than previously thought to illegally target and destroy legal businesses in industries that the left ideologically disfavored – such as gun and ammunition dealers.
  4. In light of these newly unsealed documents, Congressman Blaine Luetkemeyer (R-MO) wrote letters to current FDIC Chairman Jelena McWilliams and Comptroller of the Currency Joseph Otting calling on them to investigate these new developments and “take immediate and firm action against any member of their staff who has abused their power.” Congress and President Trump will now have the opportunity to further investigate this abuse of power and take appropriate steps to ensure this kind of government malfeasance and cover-up never happens again.
  5. The consequences of Operation Choke Point in the free market, however, are still very real today, with certain businesses having their banking relationships terminated simply because unelected liberal bureaucrats oppose them on a purely ideological basis.
  6. In 2014 and 2015, Cordray testified before the Senate and House, respectively, in his role as CFPB Director and continuously denied having any involvement with Operation Choke Point.
  7. In fact, in these hearings Cordray affirmed that he had not heard about Operation Choke Point until it “burst into public view” and that he had “not given advice to the Department of Justice” in this secret initiative.


https://www.redstate.com/diary/TheRealDC/2018/10/26/startling-new-evidence-obama-administration%e2%80%99s-illegal-operation-choke-point-campaign-cover/

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