By Larry Keane U.S. Senators are warning big banks not to use the recent pandemic recovery funds as a bludgeon against industries they find out of fashion. In other words, don’t use taxpayer funds as a weapon to score political points at the next corporate cocktail party. U.S. Sen. Kevin Cramer (R-N.D.), along with 18 … Read more
As we noted back in April, John Schroder, Treasurer of Louisiana objected to two big money center banks’ newly announced anti-gun policies. He let it be known that because of their policies refusing to do business with companies that make “assault rifles” or “high-capacity” magazines. It was all part of the post-Parkland conspicuous moral preening … Read more
A story in yesterday’s New York Times by Adam Rappeport was titled, Banks Tried to Curb Gun Sales. Now Republicans Are Trying to Stop Them. They say that like it’s a bad thing. It seems that some members of Congress are taking an appropriately dim view of financial services giants — companies that benefitted from tens or even … Read more
Actions have consequences. Delta Airlines recently lost $40 million worth of Georgia fuel tax breaks after dropping the NRA from its discount affiliate program following the Parkland shooting. Delta and its shareholders surely felt the sting of that decision. But the move against Delta may come to look like a drop in the bucket. Citibank could take … Read more
Citibank recently made news by announcing arbitrary restrictions on firearms-related merchants who hold accounts with them. Now, it Wells Fargo has quietly made a similar move, dumping Tactical Night Vision Company, citing the company’s “profile” as a reason. So the left’s war against gun owners and America’s gun culture continues apace. For 37 years, Wells Fargo … 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.