Your Bank and Operation Chokepoint 2.0

To explain how we got to Operation Chokepoint 2.0, we need to go back to 2013 and lay the groundwork for what is currently happening and where we are headed. 

Back in 2013, the Obama administration started Operation Chokepoint. According to Forbes, this was an effort by the Obama Administration to “freeze politically disfavored businesses out of the financial system.” According to the article, “Choke Point consisted of bureaucrats in several independent federal agencies taking it upon themselves to shut legal businesses – such as payday lenders and firearms dealers – out of the banking system.” Banks were being pressured to shut down accounts of companies like firearm dealers if the government could deem them “high risk”. Even though the banks claimed that these businesses “posed no significant risk to the financial institution, including financial, reputation and legal risk” their relationship with the bank was still terminated.

The FDIC didn’t need a reason to pressure these banks to drop their relationship with institutions like firearm dealers, they only had to imply that there could be a risk and that was enough of a reason to pressure the banks to end their relationship. “The mere implication of a threat was enough to pressure banks into closing accounts, because no U.S. bank wants anything to do with extra audits or investigations from their regulator, much less additional operating restrictions or civil and criminal charges”, according to Forbes. 

These weren’t done by some low level government employees either. This went all the way up to the top of the FDIC. 

This should have been major news but it wasn’t. Why? Why is this not something that all Americans can unite on, because it will start effecting everyone. It will effect your ability to get a loan. It will effect your ability to start a business. And yet we heard nothing about it. Everyone in the media was too focused on Donald Trump. 

When Donald Trump pulled us out of the Paris Climate Accords, the left went insane. According to the CEO of the European Climate Foundation and a key architect of the Paris Agreement “It is an irresponsible behavior from a major country.” The American Public Health Association called the decision to leave the Paris Accords “unconscionable.” What’s unconscionable is what that Paris Climate Accords were actually about, and it had nothing to do with the environment. What we didn’t know at the time is that that agreement was paving the way for something that we now know to be The Great Reset. 

Article 2.1(c) of the Paris agreement mandates country parties to “make financial flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development.” In other words, if you aren’t “green” enough, within a few years you won’t be able to get a loan to start a business or get a mortgage. You are not going to be able to get a loan for anything if your ESG score isn’t high enough. If you aren’t fully compliant and if you don’t bend the knee, your way of life will be destroyed. 

You will be forced to comply to this system. According to their own document (, they have a four step system to enforce this system.

  1. Measuring: The performance of a portfolio compared with the scenario metrics (e.g. C02 intensity of the sector portfolio at a point in time.
  2. Setting Targets: Based on the end goal and trajectory for the portfolio to be consistent with the Paris Agreement’s goals.
  3. Reorienting or steering: The financial flows so that they stay on track with the trajectory and the end goal
  4. Tracking the progress: Ensuring that the portfolio remains on track to meet the end target. 

These aren’t just private banks doing this. Sure, you bank has the right to make decisions that you might not agree with. You then can choose to stay or find a new bank. But what happens when all of the banks are in bed with the government and they are all colluding to bring about this new ESG score? What happens when government continues to put more and more pressure on the banks to fall in line with this new system? 

This isn’t just some “right-wing conspiracy theory”. They are openly admitting to colluding with the government in their own document. “The finance sector also recognizes that the public sector cannot address the climate change challenge independently of the finance sector. It is for these reasons that more time and effort is being devoted to engaging with policy makers. The following leadership examples highlight the collaborative nature of the investor interactions with policy makers via investor coalitions at the national and regional level.”

You will soon be graded on everything from how much electricity you use to how much you travel to what type of food you eat. If you score too low you will be deemed ‘high risk” and it’s going to be very difficult to get a loan for anything, at least at a reasonable rate. If you score too high, you also will be deemed “high risk” and given a low rating. 

The really scary part is the beginning stages of this is already here and if you are invested in any of the major banks, it’s coming to your bank if it isn’t there already. Citibank, Bank of America, Morgan Stanley and others have already signed on to this new system. And if your bank doesn’t comply willingly, then they won’t receive any bailout money from the Federal Reserve. Anyone who doesn’t comply will be crushed. A few weeks ago the SEC announced that they will support requiring companies to disclose climate risks (

A bank in France is now giving a Climate Vulnerability Index to it’s customers and stated that “This approach aims to assess transition risks by quantifying the marginal impact of the climate scenario on the credit rating of borrowers for a set of priority sectors, under the assumption that the borrower does not adapt to this scenario.” And if you refuse to bend the knee? You will be dealt with through exclusion policies.

Your climate risk is only going to be one factor in your score. You will be forced to bend the knee to anything they demand, including “social justice”. 

President Trump knew what was coming and that is why just days before he left office, he used the OCC to rush through a rule to “ensure fair access to banking services provided by large national banks, federal savings associations, and federal branches and agencies of foreign bank organizations.” ( Just one week after Joe Biden was inaugurated, the OCC put a hold on this rule, meaning that the large banks can once again discriminate against companies such as gun manufacturers. 

The groundwork has been laid and the new system has already been tested. You must get your financial house in order immediately. Refinance if you can. Move some of your money into gold and silver. Pay attention to what’s going on at your bank. Things are going to rapidly change and they will do whatever they need to force you to bend the knee. 

Make sure you don’t miss future stories on the Great Reset by subscribing to our free newsletter at 

For More on the Great Reset, check out:


More from Mikula Wire