Introduction

Operation Choke Point 2.0 is an alleged Biden administration effort that Representative Warren Davidson described as being particularly focused on debanking people that are disfavored by the current executive branch. In a recent House Committee hearing Chair of the Federal Reserve Jerome Powell was grilled on Operation Choke point 2.0. The first Operation Choke Point was an Obama era debanking effort that began in 2013 and attempted to prevent gun dealers payday lenders and other companies that were deemed to be high risk from accessing banking services. And then he goes on to talk about the alleged regulatory clampdown and tightening that's going on and some of the things that we'll get into in a moment here.