NRA-ILA | Déjà vu: Biden Taps Operation Chokepoint Veteran to Again Lead FDIC
Of all the scandals of the anti-gun Obama/Biden administration, Operation Chokepoint was perhaps the most insidious. NRA-ILA covered the story at the time, explaining how federal regulators – including the Department of Justice and the Federal Deposit Insurance Corporation (FDIC) – used their authorities to intimidate banks into shunning lawful but politically disfavored industries. Among those industries were firearms and ammunition retailers, many of which lost the access to capital and credit they needed to do business. The chairman of the FDIC at the time was Martin J. Gruenberg.