Operation Choke Point 2.0: Biden Admin Plans to Circumvent Second Amendment With Politicized Lending
The Biden Administration is working on a plan to circumvent gun rights by re-instituting a policy that allows banks to choose who they do business with.
The loophole is a throwback to the Obama-era Justice Dept. policy known as Operation Choke Point, which created an end run around the Second Amendment by forcing lenders to abide by costly legal risk assessments before banking with clients.
The result is banks could choose not to lend to “high-risk” businesses including pawn shops and gun stores if a risk assessment showed doing so could cause financial harm.
During his tenure in office, President Donald Trump attempted to reverse Operation Choke Point policies, even issuing a Fair Access rule during his final days in office.
