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Exclusive: FDIC Changes Tactics in Response to Operation Choke Point
The Daily Signal ^ | January 28, 2015 | Kelly Harkness

Posted on 01/29/2015 4:54:51 AM PST by libstripper

The Federal Deposit Insurance Corp. has acknowledged its role in Operation Choke Point and is taking dramatic steps to reverse its policies in targeting legal and legitimate industries that are disfavored by the Obama administration.

“We’re very pleased they’ve acknowledged their wrongdoing and they’ve accepted our suggestions to put in place measures to stop this activity,” Rep. Blaine Luetkemeyer, R-Mo., told The Daily Signal in a phone call this morning.

Luetkemeyer, a member of the House Financial Services Committee and leader in the fight to end Operation Choke Point, met with FDIC Chairman Martin Gruenbery and Vice Chairman Thomas Hoenig earlier today as a follow-up to concerns voiced last November.

(Excerpt) Read more at dailysignal.com ...


TOPICS: Business/Economy; Crime/Corruption; Government
KEYWORDS: 2damendment; banglist; chokepoint
Looks like at least one of Obola's unconstitutional schemes has been frustrated.
1 posted on 01/29/2015 4:54:51 AM PST by libstripper
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To: libstripper
The FDIC is aware that some institutions may be hesitant to provide certain types of banking services due to concerns that they will be unable to comply with the associated requirements of the Bank Secrecy Act (BSA).

The FDIC is still trying to shift the blame to the banks rather than itself, Obama, and Holder.

It was their strong-arm auditors that forced banks to cancel the accounts of their legal customers, not banks voluntarily doing it.

2 posted on 01/29/2015 5:06:02 AM PST by Timber Rattler (Just say NO! to RINOS and the GOP-E)
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To: libstripper

The new president’s got a lot of flushing and scrubbing to do.


3 posted on 01/29/2015 5:11:33 AM PST by Eric in the Ozarks (Rip it out by the roots.)
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To: Timber Rattler

Shine a light on the FDIC cockroaches and watch them scurry!


4 posted on 01/29/2015 5:12:44 AM PST by Flick Lives ("I can't believe it's not Fascism!")
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To: libstripper

I wonder if the subject of criminal charges was raised at that meeting (RICO)


5 posted on 01/29/2015 5:21:29 AM PST by Tench_Coxe (For every Allende, there is a Pinochet)
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To: libstripper

I may be more “radical” than most in opposition to RINO republicans...but...a MAJORITY in both Houses of Congress...

is power. PERIOD

Just like fighting back from the Clintoon anti-gun hysteria...it will take a few years to clean up the mess.

May Jehovah God give us strength,and awaken American Christians...to the work that must be done to save

our republic for our kids and GRANDkids...

Cruz-Walker 2016.

BTW-lest we forget “In May 1994, former presidents Gerald Ford, Jimmy Carter, and Ronald Reagan, wrote to the U.S. House of Representatives in support of banning “semi-automatic assault guns.” They cited a 1993 CNN/USA Today/Gallup Poll that found 77 percent of Americans supported a ban on the manufacture, sale, and possession of such weapons.[9]” https://en.wikipedia.org/wiki/Federal_Assault_Weapons_Ban


6 posted on 01/29/2015 5:44:46 AM PST by DavidLSpud ("Go and sin no more"-Rejoice always, pray continually...)
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To: DavidLSpud

This kind of thing is exactly why we needed and need a Pubbie majority, even if some are RINOs.


7 posted on 01/29/2015 6:05:19 AM PST by libstripper (")
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To: libstripper

8 posted on 01/29/2015 7:32:33 AM PST by SWAMPSNIPER (The Second Amendment, a Matter of Fact, Not A Matter of Opinion)
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To: Timber Rattler

It’s Gruenberg that signed off on this. The man’s a penultimate bureaucrat. Sheila Bair would have told Obama to stuff it.


9 posted on 01/29/2015 8:02:36 AM PST by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Mississippi!)
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