In case you’ve forgotten, Operation Chokepoint 1.0 was an early attempt to deny banking services to members of specified groups. Here’s the first list:
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Some of those seem like legitimate targets (Get Rich Products, Lottery Sales). Others, not so much. Anyone up for violating the second amendment? Ammunition and Firearms Sales. What about your health? Does “Pharmacy Sales” include prescription medications? And, while you may not like tobacco products, they’re still legal in the U.S.
Caitlin Long
Now, Operation Chokepoint 2.0 is upon us. Caitlin Long, founder of Custodia Bank, has appeared in these pages before. This time, she’s going after the Federal Deposit Insurance Corporation (FDIC). For those who don’t know, FDIC, along with the Federal Reserve and the Comptroller of the Currency, are the three main regulators of the U.S, banking system. Caitlin based this thread (at least partly) on excellent, extensive reporting by Nic Carter. Forthwith, Caitling Long on Chokepoint 2.0.
