David Thompson (Cooper & Kirk) on What Can be Done about Operation Choke Point 2.0 (EP.412)

In this episode I sit down with David Thompson, managing partner at Cooper & Kirk. We cover the emergence of Operation Choke Point 2.0 and what recourse can be sought by the industry. In this episode:  Cooper & Kirk's track record and reputation The story of Choke Point 1.0 and how Cooper & Kirk helped end it How was OCP 1.0 resolved?  Why Cooper & Kirk wrote their recent white paper on OCP 2.0 Differences between Choke Point 1.0 and 2.0  Inconsistencies in FDIC Chair Gruenberg's Congressional testimony Why David thinks that a complaint on due process grounds might be the best option for affected firms  Relevant constitutional protections  How OCP 2.0 might resolve The fate of the SPDIs Possible violations of the Administrative Procedures Act by the Fed How SCOTUS might rule on this issue  Further reading:  Cooper & Kirk: Operation Choke Point 2.0: The Federal Bank Regulators Come For Crypto