The Maine Wire
  • News
  • Commentary
  • The Blog
  • About
    • Contact
  • Investigations
    • Data
  • Donate
Facebook Twitter Instagram
Trending News
  • Maine Supreme Court Upholds Shenna Bellows’ Wording of Voter ID Referendum Question
  • Circuit Court Voids FTC’s Rules Making It Easier to Cancel Subscriptions, But Mainers Will Still Reap the Benefits Under New, Bipartisan Law
  • Jared Golden Sponsors Bill Increasing Penalties for Violence Against Law Enforcement as Attacks Spike
  • Massachusetts Republican Party Credits The Maine Wire for Triad Weed Bust in Their State
  • Pro-Mamdani PAC Took Donation From Islamist Cleric Who Vouched For Terror Plot Mastermind
  • Kids Behaving Badly: Six Juveniles Charged in Connection to Burglaries, Vandalism in Bingham
  • CVS Omnicare Ordered to Pay Nearly $1 Billion in Medicare Fraud Case
  • NH Man Causes Standoff After Attacking Mail Man and Seriously Injuring Local Police Chief
Facebook Twitter Instagram
The Maine Wire
Friday, July 11
  • News
  • Commentary
  • The Blog
  • About
    • Contact
  • Investigations
    • Data
  • Donate
The Maine Wire
Home » News » Commentary » Congressman Poliquin Pushes Back Against Shady FDIC Practices
Commentary

Congressman Poliquin Pushes Back Against Shady FDIC Practices

Bruce PoliquinBy Bruce PoliquinMarch 31, 20151 Comment2 Mins Read
Facebook Twitter Email LinkedIn Reddit
Share
Facebook Twitter LinkedIn Email

Last week, the House Financial Services Oversight and Investigations subcommittee held a hearing regarding Operation Choke Point with Federal Deposit Insurance Corporation Chairman, Martin Gruenberg.

According to a Fox News article, “under Operation Choke Point, banks and other financial institutions were reportedly pressured to cut off accounts for targeted businesses that included gun stores, casinos, tobacco distributors, short-term lenders and other businesses.”

Once again, President Obama is overreaching and abusing his executive powers by using his federal agencies to intimidate those who do not agree politically with him. This isn’t fair and it isn’t right.

During the Oversight and Investigations subcommittee hearing, I asked Chairman Gruenberg what gives him, anyone that works for him or his agency the right to try to shut down businesses that are operating, legally, in this country. The Chairman simply responded, “We don’t have that right or authority.”

Most importantly, the folks responsible for intimidating local banks to put the squeeze on our hard-working small businesses are still employed by the FDIC.

I believe that programs like these are stifling job creation, hurting our economy and our way of life. Our hard-working small businesses should not be intimidated and bullied by President Obama’s Administration because they have different political views.

Washington should be working to restore trust with small businesses to give job creators the confidence they need to create more jobs, not target them because of political differences.

Please watch and share with your friends the video from my questioning with FDIC Chairman Martin Gruenberg. I will continue to fight and ask the hard questions to make sure our Mainers are not being unnecessarily targeted by the Obama Administration because of different political views.

Bruce Poliquin Congress fdic Featured Maine Opinion Poliquin
Previous ArticleDemocrats Quick to Attack Balanced Budget Amendment
Next Article That Blue Circle “D” Stands for Debt
Bruce Poliquin
  • Website

Bruce Poliquin is a third-generation Mainer, former State Treasurer, and the former Congressman from Maine's Second Congressional District.

Subscribe to Substack

Related Posts

Circuit Court Voids FTC’s Rules Making It Easier to Cancel Subscriptions, But Mainers Will Still Reap the Benefits Under New, Bipartisan Law

July 11, 2025

Jared Golden Sponsors Bill Increasing Penalties for Violence Against Law Enforcement as Attacks Spike

July 11, 2025

Pro-Mamdani PAC Took Donation From Islamist Cleric Who Vouched For Terror Plot Mastermind

July 11, 2025

<span class="dsq-postid" data-dsqidentifier="10057 http://www.themainewire.com/?p=10057">1 Comment

  1. ADavid Mann on April 1, 2015 8:37 PM

    Bruce Poliquin – Makes a Mainer proud to see him stand up against illegal Fed Gov overreach/too many instances from govt bureaucrats harming hard working businesses…banking and EPA especially…

Leave A Reply

Subscribe to Substack
Recent News

Maine Supreme Court Upholds Shenna Bellows’ Wording of Voter ID Referendum Question

July 11, 2025

Circuit Court Voids FTC’s Rules Making It Easier to Cancel Subscriptions, But Mainers Will Still Reap the Benefits Under New, Bipartisan Law

July 11, 2025

Jared Golden Sponsors Bill Increasing Penalties for Violence Against Law Enforcement as Attacks Spike

July 11, 2025

Massachusetts Republican Party Credits The Maine Wire for Triad Weed Bust in Their State

July 11, 2025

Pro-Mamdani PAC Took Donation From Islamist Cleric Who Vouched For Terror Plot Mastermind

July 11, 2025
Newsletter

News

  • News
  • Campaigns & Elections
  • Opinion & Commentary
  • Media Watch
  • Education
  • Media

Maine Wire

  • About the Maine Wire
  • Advertising
  • Contact Us
  • Submit Commentary
  • Complaints
  • Maine Policy Institute

Resources

  • Maine Legislature
  • Legislation Finder
  • Get the Newsletter
  • Maine Wire TV

Facebook Twitter Instagram Steam RSS
  • Post Office Box 7829, Portland, Maine 04112

Type above and press Enter to search. Press Esc to cancel.