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Payday Lenders Ask DC Circ. To Halt 'Choke Point' For Now

By Jon Hill (May 22, 2017, 3:45 PM EDT) -- A coalition of payday lenders accusing federal banking supervisors of suffocating their businesses with regulatory pressure tactics has asked the D.C. Circuit to bar the regulators from seeking to restrict the lenders' access to the banking system, telling the court on Friday that their suit over "Operation Choke Point" is likely to succeed....

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