 3329 would apply the less-stringent standard to more BHCs by raising the asset limit to $1 billion, and the bill also would allow savings and loan holding companies to qualify.On June 26, 2014, Luetkemeyer introduced H.R.4986, that would end the controversial Operation Choke Point which was designed to limit the activities of money launderers, but has come under criticism for alleged abuse.Later, on November 20, 2014, in a further effort to end Operation Choke Point, Luetkemeyer introduced additional legislation that would require federal banking agencies to put in writing any suggestion or order to terminate a customer’s banking account.