Changes

'''Operation Choke Point''' is a 2012 program started by [[Obama]]'s Justice Department that uses the [[FDIC]] to pressure banks not to extend credit or other financial services to certain industries with high instances of fraud, such as [[pornography]]. Under that guise, the program is used as a backdoor to punish industries that Obama disagreed with, such as the firearms industry.

'''Operation Choke Point''' was a 2012 program started by [[Obama]]'s Justice Department that used the [[FDIC]] to pressure banks not to extend credit or other financial services to certain industries with high instances of fraud, such as [[pornography]]. Under that guise, the program was used as a backdoor to punish industries that Obama disagreed with, such as the firearms industry.

[[Congress]] would investigate and rebuke the findings but little has been done to stop it.<ref>[http://dailysignal.com/2016/04/07/former-top-obama-official-says-operation-choke-point-had-collateral-consequences/ Former Top Obama Official Says Operation Choke Point Had ‘Collateral’ Consequences, The Daily Signal, April 7, 2016]</ref> August 18, 2017, the [[Trump]] Justice Department led by [[Jeff Sessions]] finally killed the program. <ref>[http://freebeacon.com/issues/doj-ends-operation-choke-point/ DOJ Ends Operation Choke Point, Free Beacon, August 18, 2017]</ref>

[[Congress]] would investigate and rebuke the findings but little was done to stop it.<ref>[http://dailysignal.com/2016/04/07/former-top-obama-official-says-operation-choke-point-had-collateral-consequences/ Former Top Obama Official Says Operation Choke Point Had ‘Collateral’ Consequences, The Daily Signal, April 7, 2016]</ref> August 18, 2017, the [[Trump]] Justice Department led by [[Jeff Sessions]] finally killed the program. <ref>[https://freebeacon.com/issues/doj-ends-operation-choke-point/ DOJ Ends Operation Choke Point, Free Beacon, August 18, 2017]</ref>

Merchants targeted are denied [[bank]] loans as federal regulators flag them as “high risk” for fraud. In the firearms industry, that amounts to infringing on [[2nd Amendment]] rights. Some companies targeted by Operation Choke Point;

Merchants targeted were denied [[bank]] loans as federal regulators flagged them as “high risk” for fraud. In the firearms industry, that amounted to infringing on [[2nd Amendment]] rights. Some companies targeted by Operation Choke Point;

*[[Ammunition]] sales

*[[Ammunition]] sales

[[Category:Obama Administration]]

[[Category:Obama Administration]]

[[Category:Second Amendment]]

[[Category:Second Amendment]]

[[Category:Government]]

[[Category:Gun Control]]

[[Category:2010s]]