 (The Federalist) Amongst the record-breaking number of executive actions taken by President Joe Biden was one related to a little-known, frightening Obama-era program called Operation Choke Point. The program, dubbed so under former Attorney General Eric Holder, uses the power of the federal government to target legal yet leftist-disfavored businesses. These include gun sellers, pawnshops, and short-term money lenders.
But on Jan. 28, the Office of the Comptroller of the Currency under President Biden announced it would pause the Trump-era rule intended to prevent another Operation Choke Point from happening again.
| This is why you pass laws, O Republican legislators. Next time do your frigging job instead of being lazy and letting the president write easily reversed executive orders. |
The Trump administration rule appeared innocuous enough, instructing banks to "conduct risk assessments of individual customers, rather than make broad-based decisions affecting whole categories or classes of customers when providing access to services, capital, and credit."| After being choked from essential services in the economy, conservatives and right-of-center businesses will have no choice but to Build Your Own. |
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