U.S. Rep. Blaine Luetkemeyer (R-Mo.) is asking businesses affected by Operation Choke Point to come forward with their stories, Law Shield has learned.
“This platform was created so that if you own a business and have been affected by Operation Choke Point you can share your story so that I can continue to apply pressure to the Federal Deposit Insurance Corporation, the Department of Justice, and other federal agencies who are applying unnecessary pressure on you,” Luetkemeyer said.
The Congressman’s office has created an email address, [email protected], for businesses to safely explain their story. The information provided in emails will not be shared with regulators or others without consent.
Through Operation Choke Point, the Federal Deposit Insurance Corporation (FDIC) and Department of Justice attempted to stop financial institutions from offering financial services to some regulated industries in an attempt to choke off banking services.
This operation first aimed at non-depository lenders but expanded to ammunition and firearms sales, tobacco sales and pharmaceutical sales, among other things.
Luetkemeyer said, “In addition, I encourage staff within the Department of Justice, the Federal Deposit Insurance Corporation, the Consumer Financial Protection Bureau and other federal agencies to use this as an opportunity to come forward and share their stories of the abuse happening inside the Administration in a safe manner.”