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NAT’L – INDUSTRY INSIDER – Locked Out

Some banks have embarked on a business path to enact policies to restrict gun sales and exert pressure on the firearms industry. Two of the banks grabbing headlines for anti-gun policies are Citibank and Bank of America. In present-day American culture, exposing inconsistent, deviant, fraudulent, immoral, shocking and even illegal actions of politicians, celebrities, media and businesses often isn’t enough. We’re seeing this now in the financial industry where access to an open marketplace is being denied for no other reason than connections to or interest in firearms. Banking is an industry that has flourished and grown thanks to protections and bailouts from us. When discriminatory behavior has blocked free access to certain groups, Congress, state legislatures and the courts have acted forcefully in the past to clear the barriers. But not now, despite reporting by this magazine and others in the media, discrimination against lawful firearm owners, dealers and manufacturers is being allowed to stand, and, in fact, appears to be picking up steam. That’s certainly the case as two of the nation’s biggest banks—Citibank and Bank of America—have embarked on a business path to enact policies seeking to restrict gun sales and exert pressure on the firearm industry. [full article]

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