Federalist Society Teleforum Conference Call
Operation Chokepoint is a new initiative of the Obama administration led by the Department of Justice, the FDIC, and the CFPB. It aims to pressure certain industries, primarily payday lending and online lending, by increasing oversight requirements to such levels that it becomes unprofitable for the banks to work with the third-party payment processors who enable these targeted industries to process payments. Other industries that may be targeted by the program include firearms/fireworks sales, ammunition sales, “As Seen on TV” products, gambling, home-based charities, pornography, online pharmaceuticals, and sweepstakes. Our experts will shed light on the little-known program, and offer a thorough discussion of the legal and policy implications.
- Charles J. Cooper, Partner, Cooper & Kirk, PLLC
- Iain Murray, Vice President for Strategy, the Competitive Enterprise Institute
- Prof. Todd J. Zywicki, Foundation Professor of Law, George Mason University School of Law
Teleforum calls are open to all dues paying members of the Federalist Society. To become a member, sign up here. As a member, you should receive email announcements of upcoming Teleforum calls which contain the conference call phone number. If you are not receiving those email announcements, please contact us at 202-822-8138.