By Larry Keane A new trend is emerging in the business world. Business leaders are waking up to the destructive “woke” policies being foisted on businesses by boardrooms more concerned with virtue signaling than their primary responsibility of ensuring corporate profitability and enhancing shareholder values. In short, the “woke” buck stops here, more corporate executives … Read more
It seems some banks no longer want to do business with some companies that make and/or sell guns. Berkshire Bank, for example, quit lending money to Sig Sauer a few years ago, choosing not to help the company make more of the MCX rifle that was used to murder 49 people in a gay nightclub … Read more
[ED: Texas enacted the FIND Act in 2021 in response to big banks’ anti-gun policies. Money center banks like Bank of America, Citibank, JP Morgan Chase and others had put lending and underwriting policies in place that explicitly discriminated against lawful gun industry-related businesses. Once signed into law, Texas’s FIND Act has forced a change … Read more
The state’s law targeted Wall Street banks for wading into the debate over guns in the U.S. Bank of America Corp., JPMorgan Chase & Co. and Goldman Sachs Group Inc. also haven’t underwritten munis sold by the state and its cities, schools, and transit agencies since the legislation took effect. Bank of America and Citigroup … Read more
By Larry Keane Louisiana is known as the Sportsman’s Paradise for good reasons. Taxpaying outdoorsmen and women there won’t tolerate Second Amendment shenanigans, and Republican Attorney General Jeff Landry is putting a major national bank on notice. JP Morgan Chase is the largest bank in the country with a balance sheet of nearly $3 … Read more
By Larry Keane Big corporations with “woke” policies are waking up to the fact that smaller businesses are glad to take the business they shun. American Banker reported that corporate banks are quaking in their boots over the Texas state legislature’s debating a bill that would end taxpayer support to contract with corporations that willfully discriminate against … Read more
One of the first things the BidenHarris administration did after taking power in January was to kill the previous administration’s effort to prevent financial institutions from discriminating against certain lawful business segments…namely firearms manufacturers, retailers and others in the business. Back when old Joe was just a young Veep, the Obama administration had instituted Operation … Read more
What [the Fair Access to Banking Act] would do is it would prohibit banks from creating categorical exclusions, industries, entire industries; the firearms industry, fossil fuel, carbon industries, private prisons. Industries that the banks — many banks, large banks — have categorically stated they’re not going to support in the future. And these are legal … Read more
Press release from Rep. Richard Hudson: U.S. Representative Richard Hudson (NC-08), a staunch supporter of the Second Amendment and sponsor of the Concealed Carry Reciprocity Act, is leading the effort to call on the Trump administration and Federal Reserve to prevent financial discrimination against industries including firearms and ammunition amid the economic recovery to the … Read more
The Truth About Guns provides news, reviews, and insights to help you stay informed on the latest trends in gun culture, legislation, and industry developments.