Operation Choke Point, a credit card fraud task force run by the Justice Department, was created to “choke out” businesses the Obama administration finds objectionable, according to a congressional committee report obtained by The Washington Times.
The administration is knowingly targeting so-called “high risk” businesses — which include payday lenders, gun retailers and ammunition merchants — despite the fact they are legitimate, says a staff report by the House Committee on Oversight and Government Reform.
SEE ALSO: Operation Choke Point forces bank to dump gun store
Internal documents within the Justice Department acknowledge the program’s impact on legitimate merchants, the report says. Attorney General Eric Holder was informed that banks were exiting entire lines of business deemed “high risk” by the government, yet his agency continued to pursue the operation.
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