House Conservatives Want End to Obama’s Chokehold on Gun Dealers

(Joshua Paladino, Liberty Headlines) In February 2013, President Barack Obama’s Department of Justice began issuing subpoenas to banks that provided financial services to firearm dealers, without evidence of wrongdoing.

Bob Goodlatte photo

Bob Goodlatte Photo by Gage Skidmore (CC)

The subpoenas contained warnings from the Federal Deposit Insurance Corporation (FDIC) that marked these businesses “high risk,” which was enough for some banks to cut off financial services.

This plan to sink firearm retailers, along with payday lenders and other supposedly “high risk” businesses, is called Operation Choke Point, and it’s still in effect today.

But a group of House members, led by Judiciary Committee Chairman Bob Goodlatte, wrote Attorney General Jeff Sessions and Federal Reserve Chair Janet Yellen and asked for the anti-gun policy to end.

PREVIOUSLY: Obama Gone, Firearms Industry Hopes for New Gun Owner Freedom

Goodlatte said the FDIC’s decision to arbitrarily label certain legal businesses as “high risk” created a “guilty until proven innocent” scenario.

“Ordinarily speaking, law enforcement moves from the specific to the general. A bad actor is identified and then gradually the net widens to capture co-conspirators or a larger criminal enterprise. OCP started by presuming a whole industry guilty until individual merchants prove their innocence,” he wrote.

In 2014, The Washington Times reported about a Massachusetts gun seller who was targeted by OCP. Mark Cohen, the owner of Powderhorn Outfitters, said the bank he had always used — TD Bank — dropped his account because of OCP.

“Our loan was turned not because of our credit — we had perfect financials and been working with the same bank manager for 20 years. It was just because we sell guns — and they said that to us specifically,” Cohen said, according to the Times.

The FDIC admitted to unfairly labeling certain legal businesses as “high risk” back in 2015 and instead advised financial institutions to take “a risk-based approach in assessing individual customer relationships rather than declining to provide banking services to entire categories of customers,” Forbes reported.

A Maryland gun seller, Kat O’Connor, said she was denied credit card services in 2014, according to The Blaze.

“I believe the failure of Congress to enact strict gun control led to this method of starving manufacturers out of business,” O’Connor said. “I also believe this is an unfortunate abuse of power. Sadly, I don’t see how this is any different than a mafia-style shakedown, promising to leave banks and card processors alone if they ‘play along’ by foregoing money from certain industries, regardless of their legal status.”

PREVIOUSLY: Gun Sales Have Fallen Since Obama Left Office

Goodlatte said the DOJ and FDIC have not done enough to reverse the harm caused by OCP, and he has called for them to affirm a neutral stance toward legally operating businesses. Specifically, he asked the FDIC to “rescind its general guidance about reputation risks posed by bank customers” and to retract “its assertion that the industries it had listed are particularly high risk.”

Rep. Blaine Luetkemeyer (R-Mo.), who also signed the letter, said to Forbes, “The FDIC has allowed a culture within their agency to blossom that they believe it’s okay to impose their personal opinions and value system in a regulatory way. They are not a regulatory police—their job is to enforce the law.”

Goodlatte and the letter’s signees asked for a plan to remedy OCP’s harms by August 31.

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  • satcatchet

    OCP is on the way out.

  • jcrawdad

    House Conservatives Want End to Obama’s Chokehold on Gun Dealers

    I thought Trump had abolished that Bill Obamatron had pushed throw.
    BY ALL MEANS THEN GET-HER DONE,

  • It’s about time Congress dumped this practice. It is totally illegal. We do not punish car makers for making cars that do kill lot of people, generally not the fault of the car maker.

    • sandraleesmith46

      Neither do we hold “big Pharma” to account for all the deaths they cause; including vaccine injuries and deaths, for which they’re literally made immune even from civil prosecution! Yet “guns” are “killers” and the sellers are responsible?

      • I completely agree.

        • nocbsfan

          See I told you she would keep you straight.

          • All too often women do that to me. I lose, usually. But if they are right,I don’t have a choice.

          • nocbsfan

            Sandra is a really good girl, has got a lot on the ball,besides that she is really smart, Honest.

          • I agreed with her and I agree with you. This time.

          • nocbsfan

            No way I could go wrong on this one

          • I like my crow medium well done.

    • nocbsfan

      Sometimes it is, There are a lot of recalls on cars. One that comes to mind “Air Bags” a device to save your life that actually killed people. I can see the hair on the back of your neck rising. 🙂 Pay attention to Sandy she will keep you straight.

      • independent thinker

        The air bag fiasco is not the fault of the automobile manufacturers it is the fault of an outside company that supplied defective parts for automobiles.

        • nocbsfan

          Car manufacturers have the capability of testing all equipment installed in their vehicles. Obviously the necessary testing was not accomplished , so I hold them partially responsible ? Like anyone cared

      • nocbsfan,

        Under those circumstances we have other laws to deal with those bad happenings.

  • Henry Gregg Nash

    I agree with Mr. Crawdad! The gun dealers has nothing to do with crooks! Obama had no right to target gun dealer!

    • Maxine Albritton

      he did not respect the constitution and many other legalities. He made up his own rules as he went along. worked well for him. the second amendment gives americans the right to bear arms and no one should impede on that. I hope sessions gets on it.

      • sandraleesmith46

        I expect that “good ol’ country boy” from AL gets that.

      • Laurence Almand

        The DemoSocialists would like nothing better than to eliminate the Constitution entirely.

      • ARJAY

        Where in the 2nd amendment are the words that GIVE us the RIGHT to bear arms?!?! IT DOESN’T!!!!!!!!!!!!!!!!!!

        Text of the 2nd Amendment:

        A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed.

        And you gun grabbers conveniently disregard what the 2nd Amendment ACTUALLY MEANS!!!!

        What part of “…[t]he right of THE PEOPLE to keep (have/possess) and bear (CARRY) Arms, shall not be infringed.” do YOU NOT understand. The right of the people means, THE INDIVIDUAL has the right, NOT referring to an
        army (collective right).

        Research what was meant by the founding fathers when they referred to “A well regulated Militia”. Back then, they meant EVERY able-bodied man who knew how to handle a gun (meaning well trained) WAS the Militia!

        You must remember that the founding fathers used the meanings of the words when they wrote them, NOT THE MEANINGS USED TODAY!

        Considering the fact that if a man wanted his family to have MEAT, he had to go HUNTING to KILL an animal, USUALLY WITH A GUN/RIFLE! (You DO realize that back in the 1700’s, there were NO grocery stores with REFRIGERATED meat
        displays, where the woman of the house could go to buy a steak or roast to fix for dinner that night!?!?) SO MOST men WERE well trained, therefore WERE “well regulated” the Militia!

    • A Lee Lowe

      Oh but then they were worried about how people would react when some of Obamas underhanded practices came to the light, and his partners in crime the Clintons would have to watch their backs. I think every American should posess a gun and feel free to use it when their is a crime in progress. Should also be covered under the good Samaritan protection act. Having to be concerned about who is packing and the law protection, more criminals would think twice before committing crimes. What say ye??

    • zeno2654

      But he did in spite of no data supporting the justification. No one took him to court. He cared less for the Constitution than the comman burglar or gunman in Chicago.

  • antiliberalcryptonite

    Muck oFama! Anti-American musIim POS.

  • Charles Covington

    Of course the snow flakes is ok with this crap

  • Andrew Kent Jaussi

    One of the many reasons that Obama and his cronies belong in jail.

    • R DoCdoWedo!

      yes i believe that Obama and his cronies and Hillary and her daughter chestnuts? all should in Prison. A building in which people are legally held as a punishment for there CRIMES?.

  • barbarakelly

    YES IT IS ABOUT TIME THAT CONGRESS STARTS LISTENING TO THE AMERICAN PEOPLE THAT PUT THEM IN THE HOUSE . IF KIM DOES THE STUPID ACTION . IT IS GOING TO TAKE THE MILITARY / POLICE/ AND ALL THE PEOPLE THAT HAVE THOSE RUN RIGHTS TO PROTECT OUR COUNTRY. THAT EVEN INCLUDES RETIRED MILITARY PERSONS THAT IS IN ALL THE NEIGHBORHOODS. — THINK ABOUT THAT PEOPLE. THAT WOULD BE OUR DEFENSE IF WE HAVE A MUSLIM ATTACK IN ALL STATES. WE IN CITIES AND TOWNS NEED TO LEARN TO COUNT ON OUR SELVES AND POLICE TO WORK TOGETHER. THE GOV. WILL HAVE THEIR HANDS FULL IF YOU THINK OF ALL ANGLES.

  • dennis cheever

    Obama, the greatest threat that America has lived through yet.

  • Raymond Miller

    There isn’t one part of our Government that that N***R hasn’t corrupted.

  • Junior1950

    I can see ending OPERATION CHOKE POINT on firearms dealers, but not on PAYDAY LENDERS!!!! Payday lenders prey upon the most financailly vulnerable people there are, namely the poor among us by entrapping them into a NEVER ENDING cycle of renewing their extremely expensive loans!!!! The interest that these CROOKED lenders charge far excceds that of their illegal counterparts known as “loan sharks”!!!! I don’t believe that our Founding Fathers would have tolerated “payday lenders” with their EXORBITANT (upwards of 500% APR) interest rates without charging them with the crime of USURY!!!! And the definition of USURY is CHARGING AN EXORBITANT AMOUNT OF INTEREST ON A LOAN~~~AKA LOAN SHARKING!!!! These PREDATORY LENDERS must be PUT OUT OF BUSINESS~~~PERIOD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    • nocbsfan

      During our founding fathers time there were bondsmen, not a lot of difference except they held your sons and daughters as collateral .

    • ARJAY

      It’s not called “interest” by the payday loan industry, it’s called a “FEE”!! That’s how they get around the usury charges.

      I do agree with you though, that industry charges WAY TOO MUCH for the short loan periods!!

  • G.Mann

    Neither car makers nor big pharma hold a Constitutional Right preserved by an Article of the Bill of Rights…

    “The Right to Keep and Bare Arms SHALL NOT be infringed. It is well within that Article to include “arms sales” as protected.

    Another Obama “High Crime” comes to light… Imagine that.

    Personally, I always believed the “Bureau of Alcohol, Tobbacco, Firearms, and Explosives” should be a national chain store, not a government agency…

  • Laurence Almand

    Every year more than 100,000 people die from medical errors. Shall we close all the hospitals? And what about all the people who die from tobacco-caused illness? Shall we ban the cigarettes? This attempt to threaten the banks is just another gun-grabbing scheme, and should be eliminated.

  • Charles Wolfe jr

    This needs to be corrected ASAP. We all knew Obama & Clinton were rabid ant-gun but I didn’t know about this practice of trying to ruin gun dealers

  • James Higginbotham

    ALL THESE UNCONSTITUTIONAL LAWS NEED REPEALED RIGHT NOW.
    SO WE WILL SEE IF SESSIONS WILL DO ANYTHING?? WHICH I DOUBT.

  • Outrider

    My brother is a dealer and has been for 20 years. He had to close out his business account and open another individual personal account at another bank. He used E checks under his personal name and a DBA
    Under his contracting company.
    It was the only way he could operate. He did say Obama was best gun salesman in the world but worst Pres for business in history of the world. Also all of brothers taxes went up by 15% but IRS WERE paid!

  • Lisa Millar

    You all are right about Big Pharma killing people with drugs and its not guns that kill people, its people that kill people. Putting restrictions on gun businesses was just a way for obama to control people so they can’t defend themselves from tyrannial govt. or even muslims. They are too dumb to realize that if a person wants to kill with a gun they can’t get, they will revert to using molotov cocktails or some other bomb. Criminals will always know how to get guns. Terrorists don’t need guns as they have other methods of killing.

  • wdhammer

    i agree give all con’s a gun so they shoot each other

  • Bigmanuger

    It is BS attack on the 2nd amendment. Screw Obama the communist pukes that support the subversive from Kenya.

  • Cowboy Randy

    These fools (liberals,black live matter, SPLC,black caucus etc) want to re write History well let the Republican Conservatives do the job and I suggest we wipe obummers terms completely out of the books and just put a Dunce Cap Emoji from 2008 to 2016 with WTFH as his epitaph

  • Louie Rey

    All I have to say is thank God for term limits. Could you imagine how much MORE damage Hussein could have done to this once great country that’s still trying to regain its footing? Just another attack by him on the Constitution’s 2nd Amendment. I don’t think that our Founding Fathers made it the SECOND Amendment for nothing. Not much else is more important than being able to defend yourself from evil forces and keep in mind the Founding Fathers indicated that the government could possibly fall into that “evil forces” category.