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The Light Shines On Another Obama Scandal
Issues & Insights ^ | 22 Aug, 2025 | I & I Editorial Board

Posted on 08/26/2025 7:34:49 AM PDT by MtnClimber

Weren’t we assured that Barack Obama went “into and out of office with not a whiff of scandal”? Yes we were. Former Washington Post columnist Richard Cohen told us so, as did many others. But it wasn’t true. There are many, the most recent a claim that Obama, and then Joe Biden, pressured bank executives to deny services to conservatives. It’s a serious charge that, like the Russia hoax, makes Watergate look like a sandbox squabble.

Here’s what we’ve learned: According to Fox Business, major bank executives said “they were under pressure by the Obama and Biden administrations to deny services to individuals and businesses for political reasons.”

One executive said the “pressures were very, very real. When your regulator gives you a suggestion, it’s not a suggestion, it’s an order. The political stuff is very real, those pressures are real.”

This is known as “political debanking” and is “the involuntary termination of banking services to individuals and organizations based on their political or religious views,” says Todd J. Zywicki, a professor at the Antonin Scalia Law School at George Mason University, who further “argues that access to financial services is a prerequisite for exercising constitutional rights.”

Zywicki’s March paper “traces the rise of political debanking from the Obama administration’s Operation Choke Point, which targeted disfavored industries under the guise of ‘reputation risk.’” It was expanded under Biden administration, during which “Melania Trump and Michael Flynn faced account closures for their political stances.”

Other “high-profile cases” included “the cancellation of accounts tied to Donald Trump Jr.’s events and the National Committee for Religious Freedom,” and “illustrate a growing weaponization of the financial system to suppress dissent.”

Operation Choke Point was a creation of the Obama Justice Department. Its mission was “to ‘choke out’ companies the administration considers a ‘high risk’ or otherwise objectionable, despite the fact that they are legal businesses,” says a House Oversight Committee report. “The goal of the initiative is to deny these merchants access to the banking and payments networks that every business needs to survive.”

The whistleblowers told Fox that “ambiguity in federal laws was exploited by regulators under the Obama and Biden administrations in order to pursue political objectives. According to one executive, banks were pressured to deny services to certain industries as part of Operation Choke Point and Operation Choke Point 2.0,” which was “carried out by the prudential regulators to target and debank the digital asset ecosystem” during the Biden years.

President Donald Trump has responded with an executive order to guarantee “fair banking to all Americans,” to which the media responded with dismissive retorts such there have been only 35 complaints of debanking due to politics and religion filed with Consumer Financial Protection Bureau – as if it’s acceptable if it happens to only a few – it’s merely Trump’s reaction to a “personal gripe” and it might cause administrative headaches in the industry.

This is a clear sign the press will ignore the debanking scandal when it’s not busy denying its existence, just as it has done with Russiagate, which implicates Obama as a primary agent in the dirtiest political trick in our nation’s history if not a party to a “treasonous conspiracy.” Funny thing, Democrats tend to get away with gross misconduct because the media aren’t interested in demanding accountability from their heroes.


TOPICS: Society
KEYWORDS: banks; chokepoint; debanking; discrimination; leftism; obama; obamasnotinoffice; obungler; opchokepoint; operationchokepoint; r; scandal; tyranny; warontrump

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1 posted on 08/26/2025 7:34:49 AM PDT by MtnClimber
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To: MtnClimber

The NYT and WaPo will deny that any of this happened. Ignore your lying eyes and ears.


2 posted on 08/26/2025 7:35:11 AM PDT by MtnClimber (For photos of scenery, wildlife and climbing, click on my screen name for my FR home page.)
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To: MtnClimber

0bama’s whole administration was a series of scandals. Covered up, papered over and/or ignored by the legacy media, ‘cuz he was The One. spit


3 posted on 08/26/2025 7:49:07 AM PDT by citizen (A transgender male competing against women may be male, but he's no man.)
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To: MtnClimber

What fascism REALLY smells like…


4 posted on 08/26/2025 7:50:07 AM PDT by silverleaf (M:“Inside Every Progressive Is A Totalitarian Screaming To Get Out” —David Horowitz)
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To: MtnClimber

UNPOSSIBLE! There wasn’t a “smidgen of controversy” during his reign of incompetence


5 posted on 08/26/2025 7:58:40 AM PDT by Bob434 (Time flies like an arrow, fruit flies like a banana)
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To: MtnClimber

Obama was as corrupt as they come.


6 posted on 08/26/2025 7:59:36 AM PDT by 1Old Pro
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To: MtnClimber

They should have called these operatuons “Operation 666 - Mark of the Beast”


7 posted on 08/26/2025 8:02:08 AM PDT by butterdezillion
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To: MtnClimber

BRAVE AI:

Interference with Commerce Crime

Yes, interfering with commercial trade can be a crime under federal law, specifically the Hobbs Act, codified at 18 U.S.C. § 1951. This law prohibits any person from obstructing, delaying, or affecting interstate or foreign commerce by robbery, extortion, or threats of violence.

The statute applies to actions that impact the movement of goods or commodities across state lines or internationally.

To secure a conviction, the prosecution must prove beyond a reasonable doubt that the defendant knowingly obtained property from another by means of robbery or extortion, and that this act affected commerce.

The Hobbs Act was originally enacted in 1946 to combat racketeering in labor-management disputes but is now frequently used in cases involving public corruption, commercial disputes, and other forms of extortion.


8 posted on 08/26/2025 8:04:32 AM PDT by Red Badger (Homeless veterans camp in the streets while illegals are put up in 5 Star hotels....................)
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To: MtnClimber

I remember at the time, they said Obamacare legislation as a massive package was just “pulled out of a drawer,” they had prepared it long beforehand. It seems that all this stuff was schemed out by think tanks over the years and ready to roll day 1 under Obama.


9 posted on 08/26/2025 8:15:34 AM PDT by sopo
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To: 1Old Pro

Obama was as corrupt as they come.

He is one of the worst things to ever happen to this nation. Think of all the deep-state corruption he fed, infiltrated our government with more muslims, divided our nation, etc. I could go on and on.


10 posted on 08/26/2025 8:18:07 AM PDT by boycott
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To: butterdezillion

When he first got in office, he named a lot of his actions by crude abbreviations. I remember a couple being WTF, FO - and there were others but I can’t remember them. It was an obvious middle finger to America - around the time Michael walked up AF1 in dirty shorts and flip flops in an effort to demean and low class our country.


11 posted on 08/26/2025 8:18:48 AM PDT by Cowgirl of Justice
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To: boycott
He is one of the worst things to ever happen to this nation.

No doubt. Perhaps the first President in our history that hated America.

12 posted on 08/26/2025 8:19:47 AM PDT by 1Old Pro
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To: sopo

It was already pre written. It was called Hillary care.
Hillary tried to get this pushed through congress, but even the dimrats balked at it.


13 posted on 08/26/2025 8:21:58 AM PDT by Texas resident ( We finally have an American President again)
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To: Cowgirl of Justice

Yes.

I’m just thinking that Christians should immediately recognize these tactics as what we’ve been told the Anti-Christ would do. Not allowing people to buy and sell unless they accepted the Mark of the Beast (submitted to the demands of the politiical and religious beasts who unite to serve Satan).


14 posted on 08/26/2025 8:25:39 AM PDT by butterdezillion
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To: MtnClimber

Anyone else wondering how long the enemedia has known about this and spiked the story...


15 posted on 08/26/2025 8:27:37 AM PDT by mewzilla (Swing away, Mr. President, swing away! 🇺🇸 🏴󠁧󠁢󠁥󠁮󠁧󠁿)
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To: MtnClimber

An enemy foreign and/or domestic in the Oval Office for 8 years can do great harm


16 posted on 08/26/2025 8:31:02 AM PDT by delchiante
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To: MtnClimber
What do you think Valerie Jarrett did all day? She was the coordinator of this BS.
17 posted on 08/26/2025 8:36:49 AM PDT by Major Matt Mason (Everyone that voted Trump/R in '24 needs to show up in '26.)
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To: Texas resident

The confluence of coincidences that got it passed was stunning, with Ted Stephens going down , etc, etc. It was probably more apparent than real though as we have learned so much about uniparty in the meantime.


18 posted on 08/26/2025 9:17:46 AM PDT by sopo
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To: citizen

The whole administration was based on the lie he was a NB Citizen. It all flowed from that. In a perfect world, all those who promoted that fraud would be in the ocean wearing cement shoes.


19 posted on 08/26/2025 9:23:34 AM PDT by Mouton (There is a new sheriff and deputy in town now!)
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To: 1Old Pro

“Don’t get caught doing it” is the motto in Chicago. Obama comes from Chicago.

The motto is not “Don’t do it”. No, just don’t get caught doing it.

Normally “Don’t get caught” is understood to mean “until the statue of limitations is relevant” or “until you retire and are relevant.”


20 posted on 08/26/2025 9:23:34 AM PDT by spintreebob
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