Jump to content

“Choke Point” By Any Other Name: U.K. Shooting Clubs, Gun Shops Allege “Debanking”

Recommended Posts

Over ten years ago, the Obama Administration introduced “Operation Choke Point,” a program that used the concept of “reputational risk” to encourage banks and similar financial entities to reevaluate providing services to customers connected to “heightened risk” transactions and crime. Merchant categories “that have been associated with high-risk activity” and named specifically in a Federal Deposit Insurance Corporation (FDIC) publication were telemarketing, online gambling, “racist materials,” Ponzi schemes, pornography, and dating and escort services, but also, extensively regulated and legitimate firearm and ammunition dealers.

View the full article

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • Create New...