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Government Should Target ‘Bad Guys,’ Not Entire Industries, Trade Group Says
A group representing businesses that speed monetary transactions between consumers has taken a legal stand against Operation Choke Point, the secretive Obama administration effort to financially starve industries that are politically out of favor. The Third Party Payment Processors Association filed a legal brief Friday in support of a lawsuit that challenges the Justice Department initiative’s use of federal banking regulators to pressure banks into closing the accounts of a variety of enterprises…Read More
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