Posted March 14, 2019 3:00 pm by Comments

By Tom Knighton

Operation Choke Point was an Obama-era effort designed to pressure financial institutions to cut off disfavored industries. As you need banks and banking in order to operate, the thinking was that you would “choke off” these industries from existing, all without needing to legislate a thing.

It wasn’t exactly the Obama administration’s finest hour.

One of the industries Operation Choke Point targeted was the firearms industry. Since Parkland, we’ve seen the financial industry take just those steps, though we have no indication this is still ongoing within federal agencies.

However, one lawmaker seems more outraged that it’s not universal than that it happened in the first place.

From the NRA-ILA:

On Tuesday, U.S. Rep. Carolyn Maloney (D-NY) unabashedly embraced the tactics behind one of the most shameful policies of the Obama era, openly using the guise of her federal authority to berate and not so subtly threaten a bank for lawfully serving businesses that don’t reflect her political views.

But an oversight hearing by the House Financial Services Committee on Tuesday provided one of the clearest and most shocking examples to date of how anti-gun Democrats are now willing to embrace as official policy what was still treated as scandal under the Obama …Read the Rest

Source:: Bearing Arms

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