FDIC's Op Chokepoint Settlement Doesn't Make Victim's Whole

The Federal Deposit Insurance Corporation (FDIC) just settled a longstanding lawsuit over the agency's participation in Operation Chokepoint, a nefarious plot launched during the Obama administration to cut off banking services to legitimate businesses the Administration wanted to punish without any statutory basis to do so. It is always welcome news when the government admits wrongdoing, especially when their actions were as egregious as they were in this case. But the work is far from done to ensure that government rights the wrongs that were committed and this type of government tyranny never happen again.