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House Passes Luetkemeyer Bill to End Operation Choke Point

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Washington, December 11, 2017 | comments
Today, the House of Representatives passed U.S. Rep. Blaine Luetkemeyer’s (MO-03) legislation that he introduced that would put an end to Operation Choke Point.
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Today, the House of Representatives passed U.S. Rep. Blaine Luetkemeyer’s (MO-03) legislation that he introduced that would put an end to Operation Choke Point.

“Over the past several years, I have led the effort to combat Operation Choke Point, the Department of Justice and Federal Deposit Insurance Corporation-led initiative that sought to cut off legal businesses from the financial services they need to survive,” Luetkemeyer said. “It is simple: the federal government should not be able to intimidate financial institutions into dropping entire sectors of the economy as customers, based not on risk or evidence of wrongdoing, but purely on personal and political motivations. I thank Chairman Hensarling for ensuring this legislation was brought to the House floor and my colleagues for putting an end to this dangerous precedent.”

In the 114th Congress, the House of Representatives passed the Financial Institution Customer Protection Act

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2230 Rayburn HOB Washington, DC 20515 (202) 225-2956 tel (202) 225-5712 fax
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2117 Missouri Boulevard Jefferson City, Mo., 65109 (573) 635-7232 tel (573) 635-8347 fax
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113 East Pearce Boulevard Wentzville, Mo., 63385 (636) 327-7055 tel
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516 Jefferson St. Washington, MO 63090 (636) 239-2276 tel
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