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Federal Policy PressPress Release

OLA Statement on OGR Report on FDIC and Operation Choke Point

By December 8, 2014May 22nd, 2024No Comments

Posted by: Kristen Tyagi

Statement from Lisa McGreevy, President and CEO, Online Lenders Alliance:

“The report confirms what we’ve always suspected: government bureaucrats, lacking legal authority, were bullying banks into choking off legal businesses because they simply didn’t like the industry.  This indisputable evidence should be a wake up call to Congress.”