December 03, 2014

Jeffrey D. Knowles questions success of Operation Choke Point in American Banker article

1 min

Venable partner Jeff rey D. Knowles was quoted in a December 3, 2014 American Banker article on the Justice Department's investigation known as Operation Choke Point. Launched 21 months ago, the investigation was designed to enlist banks in the Justice Department's fight against consumer scams. From the beginning, Operation Choke Point was controversial and questions remain whether it accomplished its goals.

"I'm not sure there's anything the government can point to," said Knowles questioning whether the probe has had any impact on consumer fraud.