The head of the FDIC faced tough grilling today from members of a House Financial Services subcommittee including U.S. Rep. Scott Tipton on a rogue policy that essentially directed banks not to deal with businesses the Obama administration found objectionable. Dubbed “Operation Choke Point,” the Justice Department essentially directed the nation’s top financial regulator to intimidate banks into cutting off accounts or doing any business at all with a list of 30 different types small business owners. The list included gun shops, ammunition dealers ... Tipton also got the old DC song and dance when he asked if the federal...