House Eyes Payday Lender Moves In Operation Choke Point

By Kat Greene (October 17, 2014, 7:44 PM EDT) -- The House Oversight and Government Reform Committee is investigating whether U.S. financial regulators, via Operation Choke Point, pressured banks into ending their relationships with payday lenders, saying Friday it found evidence the Federal Deposit Insurance Corp. told a bank to cut off its payday lending clients....

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