You're listening to the Corbett Report.

Corbett report. Corbett.com.

Welcome back ladies and gentlemen, welcome back to the Corbett Report.

I'm your host James Corbett of Corbett.com, coming to you as always from the sunny

climbs of Western Japan here in April of 2023 with episode 440 of the Corbett

Report Podcast Operation Chokepoint 2.0.

Now we are going to take as the starting point for our exploration today a very interesting moment in a recent

U.S. House Financial Services Committee meeting that you may have missed between Representative Warren Davidson

and Federal Reserve Chair Jerome Powell.

I've spoken with multiple bankers who tell me that they've never seen a higher degree of

regulatory burden, steering, guidance, shaping activities in the market from regulators.

I don't think that's just narrowly focused on the Fed,

but I'd ask you to look into it.

I had a lot of people that feel like there's

an operation in Choke Point 2.0 going on and it's

particularly focused on debanking people that are disfavored by you know the

current executive branch primarily just like the previous operation choke point.

Hmm. Interesting moment but choke point what does this mean? Well, we can get more information on that from a recent

Reclaim the Net.org article, Watch Federal Reserve Head is questioned on controversial

debanking of disfavored individuals.

And I think you know where this is going, but let's read through a little bit of this.

In this article it notes that during a recent House Committee hearing, chair of the Federal Reserve Jerome Powell was grilled on Operation Choke Point 2.0, an alleged Biden administration effort that Representative Warren Davidson described as being particularly focused on debanking people that are disfavored by the current executive branch.

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