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the-new-style on scored.co
1 year ago8 points(+0/-0/+8Score on mirror)1 child
Bush started Operation Chokepoint and Obama extended it.
Banks were fined for conducting operations with legal businesses that the govt. didn't want to operate but couldn't shut them down.
They extended "you must maintain the reputation of the bank" (not the exact language) to include who they do business with.
Trump was trying to rescind the practice and [the DoJ announced in 2019 that it had ended](https://charityandsecurity.org/news/controversial-operation-choke-point-program-has-ended/).
In 2020 but after the election the office of the comptroller said they were going to ignore the Trump order going forward
It's why Gab was de-banked, Laura Loomer and many others
Banks were fined for conducting operations with legal businesses that the govt. didn't want to operate but couldn't shut them down.
They extended "you must maintain the reputation of the bank" (not the exact language) to include who they do business with.
Trump was trying to rescind the practice and [the DoJ announced in 2019 that it had ended](https://charityandsecurity.org/news/controversial-operation-choke-point-program-has-ended/).
In 2020 but after the election the office of the comptroller said they were going to ignore the Trump order going forward
It's why Gab was de-banked, Laura Loomer and many others
This was revealed in 2015
https://www.govinfo.gov/content/pkg/CHRG-113hhrg91154/html/CHRG-113hhrg91154.htm
Biden has been reviving and widening it
https://www.whitecase.com/news/media/new-operation-choke-point-quickly-constricting-rules-crypto-activities-banks
no objections to that cartoon witch being forced to leave the country