Spencer Bachus: “I am not retiring as much as I am not seeking reelection.”

The intent of Operation Choke Point may have carried a purpose that we would all agree with, and that is to prevent financial fraud.

The program also can deny legitimate merchants access to financial networks they need to survive.

My Democratic colleagues have said they want to wrap this up. So let me just simply say to you that this is having the effect of shutting down these companies, whether that was intended or not.

Those left on the short end can often be the people who have the greatest difficulty in getting any credit at all.