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Why BofA’s Hard Line Against Assault Rifles Hasn’t Pleased Gun Activists

BLOOMBERG.COM May 11, 2018 – Bank of America Corp.’s pledge to stop lending to firearms manufacturers isn’t enough for gun-control activists, who have turned on one of the only two U.S. banks to announce gun-related restrictions.  “We are angered to learn that you have flipped on your promise to the American people,” the No Rifle Association wrote in a letter to Bank of America Chief Executive Officer Brian Moynihan on Wednesday. The liberal group said continuing with the loan just because it predates the shooting is an “excuse.”  [full article]

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