WASHINGTON—House Judiciary Committee members plan to roll out legislation after the August recess to eliminate Operation Choke Point.
Rep. Blaine Luetkemeyer (R-MO) reintroduced the bill last month to end Operation Choke Point. Luetkemeyer expects a hearing and then a markup of the bill after the August recess, The Daily Caller reported.
“Basically, what’s happening is the DOJ and or the FDIC are intimidating the banks and cutting off financial services to certain business or entire industries of business that the FDIC and the DOJ don’t think morally have the right to exist. That’s their words not mine. Those are in their emails, and the reason that they’re putting the pressure on the banks to do this,” Luetkemeyer told The Daily Caller.
“The (Choke Point) bill was incorporated in the CHOICE Act. And we want to see how far it goes. So, we’re kind of getting a little direction from the Senate. If they include it in their financial reform bill, then it won’t be necessary, but we filed a bill to be able to offer it if we see that the CHOICE Act is going to stall over [in the Senate],” Luetkemeyer told The Daily Caller.