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Posts Tagged credit cards
State AGs Warn Credit Card Companies About Guns
Stop Using Credit Cards To Buy Guns
From Reason:
Rep. Jennifer Wexton’s (D–Va.) “Gun Violence Prevention Through Financial Intelligence Act” would require the Financial Crimes Enforcement Network (FinCEN) to “request information from financial institutions for the purpose of developing an advisory about the identification and reporting of suspicious activity.” The bill’s aim is to identify a consistent purchasing pattern among people who buy firearms and firearm accessories in order to conduct “lone wolf acts of terror” and expose how the firearms market in the United States is exploited by would-be mass shooters.
Finance As Gun Control
From National Review:
Waters’s Democrats are going to pressure banks, credit unions, and payment companies to severely curtail and even terminate their relationships with firearm manufacturers, licensed gun retailers, and law-abiding citizens exercising their right to purchase and own firearms. In other words, they will use political pressure to force private institutions into creating social policy that threatens constitutional rights.
NYT Wants Credit Cards To Discriminate Against Gun Owners
Firearms Dealers Being Denied By Payment Processors
Posted by Brian in News, Threat Watch on 21/Jan/2015 07:00
From Daily Signal:
“Being shut out from mainstream payment processors makes us feel like we are part of some type of shady business when, in fact, there is more regulation and documentation required for federally licensed firearms dealers than most businesses,†said Trevor Blandford of Terminal Performance Associates in Caroline, Va.