DARRELL ISSA DEMANDS ANSWERS FROM ERIC HOLDER ON ‘OPERATION CHOKE POINT’ BANK SHAKEDOWN

Friday, January 10, 2014
By Paul Martin

by MICHAEL PATRICK LEAHY
BreitBart.com
9 Jan 2014

Congressman Darrell Issa (R-CA), Chairman of the House Oversight and Government Reform Committee, and Congressman Jim Jordan (R-OH), Chairman of the Economic Growth Subcommittee, sent a harsh letter to Attorney General Holder Wednesday accusing the Department of Justice of abusing its power and intimidating banks through its “Operation Choke Point.”

In the letter, Issa and Jordan stated, “[t]he [House Oversight and Government Reform] Committee is concerned that both the goal and mechanisms of Operation Choke Point may constitute a serious mismanagement and abuse of the Department’s FIRREA [Financial Institution Reform and Recovery Act of 1989] authority.”

Breitbart News broke the story Wednesday morning that the Obama administration launched ‘Operation Choke Point’ out of the Department of Justice in 2013 for the express purpose of destroying three key sectors of the private lending industry: third party payment processors (“TPPPs”), online lenders, and payday lenders.

The Rest…HERE

Comments are closed.

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter