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Virginia Democrat’s Bill Would Enlist Credit Card Companies in Monitoring Gun Purchases

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The quote of the day is presented by Guns.com.

Virginia politicians are feeling their anti-gun oats. After using Bloombucks to flip the state legislature from red to blue, they’ve wasted no time in introducing gun control bills in Richmond on Monday. And in the US House, a Virginia Congresswoman has filed legislation that would require credit card companies to keep an eye on what you’re buying at the gun store.

While credit card companies have been reluctant about being drawn into the corporate gun control business, if the bill passes, it would be a powerful incentive for gun buyers to pay cash rather than using their Visa, MasterCard or Discover cards.

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.

“Banks, credit card companies, and retailers have unique insight into the behavior and purchasing patterns that can help identify and prevent mass shootings,” Wexton explained in a statement. “The red flags are there—someone just needs to be paying attention.”

– Noah Shepardson in New Gun Control Bill Encourages Financial Institutions to Report ‘Suspicious’ Firearm Transactions

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