David Codrea: House Committees question FDIC on Operation Choke Point political pressure

(Before It's News)

Darrell Issa, Chair of the House Committee on Oversight and Government Reform, and Jim Jordan, Chair of the Economic Growth, Job Creation and Regulatory Affairs Subcommittee, launched a probe Thursday after uncovering evidence the Federal Deposit Insurance Corporation pressured banks to terminate accounts with disfavored businesses. Information was requested from Federal Reserve Chair Janet Yellen and Comptroller of the Currency Thomas Curry, a Friday committee press release reports. The purpose of the inquiry is to determine actions by federal banking regulators in the multiple federal agency Operation Choke Point initiative.

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