LIBRE Joins Litigation Regarding ‘Operation Choke Point’
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This operation has received little public scrutiny, and was not publicly debated or analyzed for its impact on the targeted businesses, their customers or the broader economy. Questions have been raised regarding the administration's decision to target a broad range of legal activities - rather than concentrating taxpayer dollars on fighting crime. Additionally, many of the businesses hurt by the operation provide access to Capital and services of particular value in the Latino community. This unilateral action has forced many enterprises to close - with a disproportionate impact on jobs and services in Latino communities nationwide. It is wrong for the administration to crack down on completely legal commercial activity - stripping consumers of market choice - through agency pressure applied to financial institutions rather than an open and transparent process.
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The federal government should stop trying to arbitrarily undercut or shut down businesses it doesn't like, and allow for an open debate, with proper opportunity for comment and analysis, rather than wielding administrative power. We have seen what happens when there is no discussion of proposed policy alternatives with the unintended consequences of Obamacare. The president and his administration shouldn't be so eager to repeat the same mistakes."
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