Operation Choke Point-Payday Loans-H.R. 4986

By | Jul 22, 2014

Watch Rep. Blaine Luetkemeyer discuss H.R. 4986, the End Operation Choke Point Act. The bill is designed to put an end to government attempts to shut down entire portions of the private sector based on what it deems to be unacceptable. This includes payday loans, small dollar loans, guns, debt collectors, MLM industries, car title lending

Rep. Leutkemeyer makes a great deal of sense by defending legal businesses and their continued access to banking. Banks should not be put in a position of determining which industries fail and which ones survive. Additionally, digital technologies are disrupting traditional banking in ways we cannot comprehend.
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