Voicemail Proves Operation Choke Point Still Choking Gun Dealers

posted on April 6, 2016
** When you buy products through the links on our site, we may earn a commission that supports NRA's mission to protect, preserve and defend the Second Amendment. **

On Monday, the Daily Signal’s Kelsey Harkness wrote of two more legal gun dealers denied banking services simply because they’re in the firearms business, a legacy of the Obama administration’s Operation Choke Point

A voicemail from a People’s United Bank officer in Fairfield, Conn., to Rich Sprandel, an 18-year police veteran and owner of Blue Line Firearms & Tactical, denied his application for a line of credit: “They said they no longer lend to firearms dealers.” 

On March 11, an exec from the Asheville branch of HomeTrust Bank told Luke Lichterman, owner of Hunting and Defense of Tryon, N.C., “The banking industry is tightly regulated by the federal government and we cannot approve your (payment service) because of the high-risk nature of your business.”

Operation Choke Point was launched to combat money laundering. However, it labeled firearms sales, along with pornography and escort services, as “high risk.” Consequently, it has intimidated risk-averse banks into denying credit to lawful gun businesses.

Latest

gun-constitution.jpg
gun-constitution.jpg

5 Reasons the Second Amendment Should Not Be Political

The right to keep and bear arms is enshrined in the U.S. Constitution. It is not a tool of one political party but rather is a right for all Americans, regardless of their background, income or voting history.

Gun Skills | A Skills Test: Cinco y Tres

Most violent crimes take place in close quarters. This simple drill will help prepare you for these scenarios.

President Trump Signs One Big Beautiful Bill

President Trump delivered even more good news to law-abiding gun owners in the process.

Gun Review | Springfield Armory Emissary AOS

This single-stack 1911 pistol offers power, precision, elegant looks and more.

The Department of Justice Started a Second Amendment Task Force

This marks a huge shift in how the federal government approaches this fundamental right.



Get the best of America's 1st Freedom delivered to your inbox.