(Daily Signal) Sens. Ted Cruz of Texas and Mike Lee of Utah plan to introduce a bill today that attempts to unravel the Justice Department's controversial program Operation Choke Point, The Daily Signal has exclusively learned.
"Under President Obama's reign, the DOJ has abandoned its longstanding tradition of staying out of politics and has instead become a partisan arm of the White House," Cruz said. "The Obama administration initiated Operation Choke Point to punish law-abiding small businesses that don't align with the president's political leanings. The DOJ should not be abusing its power by trying to bankrupt American citizens for exercising their constitutional rights."
The bill, called the Financial Institution Customer Protection Act, bans federal agencies that oversee banks from requesting or ordering banks to terminate customer accounts "unless the regulator has material reason."
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