CIVIL RIGHTS UPDATE: Final Rule Drives a Stake Through Anti-Gun Left’s De-Banking Strategy.

Ultimately, this final rule eliminates reputation risk as a means of injecting politics into banking regulation by prohibiting examiners from using this subjective assessment to pressure or penalize banks. It also prohibits regulators from pushing banks to close accounts or deny services based on their ill-conceived aversion to the lawful firearms and ammunition industries, which are vital to supporting our constitutional rights.

This rule helps to mitigate unjustified biases against these business sectors left over from the Obama-Biden Administration and importantly helps to prevent future efforts in the same vein. In 2013, the U.S. Department of Justice, in coordination with regulators such as the FDIC, began pressuring banks to cut ties and services to industries they considered to be “high risk,” which under the anti-gun Obama-Biden administration unsurprisingly included firearm and ammunition-related business.re

The program, billed Operation Choke Point, encouraged broad financial “de-risking” and led to banks freezing or terminating services to lawful businesses based on “reputation risk,” instead of any proven misconduct or illegality. Guidance documents provided to banks at the time specifically listed firearm and ammunition sales as high-risk activity, although they are some of the most highly regulated industries in the country.

More like this, please.