Source: Common Sense
by Paul Jacob
“[I]n 2013 the Department of Justice and FDIC began pressing banks to cut off services to certain ‘high risk’ industries, like the gun industry. The initiative was called — with laudable candor — Operation Choke Point. … The Trump administration first sought to end this practice in 2017. But the urge to censor and punish viewpoints, including by debanking, resurged during the Biden administration. In 2025, President Trump, in his second shot at heading the executive branch, issued a new executive order directing federal agencies to review the situation and issue new regulations to protect customers. It was to be made clear to banks that despite the impression conveyed by other administrations, so-called ‘reputational risk’ — which boils down to hostility to certain views and enterprises — is not a warrant to fire customers.” [editor’s note: In the absence of binding contract, the only “warrant to fire customers” any business should need is its desire to not to business with them – TLK] (04/27/26)
https://thisiscommonsense.org/2026/04/27/operation-choke-point-choked/