A House Judiciary Committee hearing this week that focused on the - TopicsExpress

A House Judiciary Committee hearing this week that focused on the legality of DOJ overreach revealed startling cases where the department has strong-armed banks into dropping clients. One involved a meeting between the DOJ and a bank regarding the continued provision of financial services to a payday loan company. The DOJ official reportedly told the banker, “I don’t like this product, and I don’t believe it should have a place in our financial system. And if you don’t agree, there will be an immediate, unplanned audit of your entire bank.”

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