

🇺🇸 JUST IN: Senator Cynthia Lummis calls out Federal Reserve censorship during a Senate Banking Committee hearing, stating, “This is hard proof of Operation Chokepoint 2.0, and Congress has now uncovered it.” https://t.co/4LWYpjYdV4
Great work by @SenLummis' staff uncovering this internal Federal Reserve memo. The memo directs Fed staff to investigate whether bank leaders are associated with "controversial commentary." This is not from the old Soviet Union, this has been happening right here in the USA. https://t.co/YpVpJ7KsoM
Cynthia Lummis calls out the Federal Reserve for financial censorship. "This is hard proof of Operation Chokepoint 2.0, and it's now been discovered by Congress." https://t.co/b0UQ6LOreB

Senator Cynthia Lummis is intensifying her opposition to the Federal Reserve's alleged censorship of banks in relation to digital asset firms, referring to the situation as 'hard proof of Operation Chokepoint 2.0.' During a Senate Banking Committee hearing, Lummis revealed that internal guidance from the Federal Reserve instructed staff to monitor banks' relationships with clients based on 'controversial comments or activities.' This has raised concerns about government-backed economic warfare and the pressure on financial institutions to debank certain clients. The discussion has been fueled by newly released FDIC documents that suggest regulators have been pressuring banks to cut ties with digital asset firms, heightening the call for transparency in the banking sector.