According to news on December 3, U.S. Representative French Hill publicly promised to investigate "Operation Chokepoint 2.0", which was accused of denying certain industries such as cryptocurrency access to financial services for political purposes. Hill said financial institutions should not terminate customer accounts without legitimate, substantive reasons, characterizing such actions as weaponizing government resources. He stressed the importance of fairness and transparency in financial regulation, saying such practices were detrimental to legitimate businesses. In recent social media posts, he condemned the Biden-Harris administration for continuing these practices, noting that they mirrored the original "Operation Chokepoint." He announced his intention to push the Legislature to review the actions and policies of regulators to determine whether the latter adhere to legal standards. Additionally, Hill has taken a strong stance, vowing to eliminate political targeting from financial regulation. Hill stressed the importance of developing agency-specific financial regulations as part of his broad reform plan. He recommended requiring federal prudential regulators to consider factors such as size, risk profile and business model when implementing policies. This approach will prevent one-size-fits-all regulation and ensure that smaller community banks and credit unions are not unfairly burdened.