NRA Explore by Garrett O’Leary Sunday, January 17, 2021
The Office of the Comptroller of the Currency (OCC) released a finalized rule Thursday to end discrimination by financial service providers against the firearms industry and more.
The rule will “ensure fair access to banking services provided by large national banks, federal savings associations, and federal branches and agencies of foreign bank organizations.†In essence, the rule guarantees that fair access to banking is given to all industries based on financial merit, rather than for political reasons.
It effectively protects those in the financial-services industry from pressures levied upon them by special interests groups who stand against the Second Amendment.
“The rule, in other words, would refocus banks on doing their jobs of helping to promote lawful economic activity and managing financial risk while leaving policy decisions about what sorts of businesses are permissible in the first place to the political branches and the U.S. Constitution,†reported NRA-ILA.
More:
https://www.americas1stfreedom.org/articles/2021/1/17/a-win-in-the-financial-sector-for-the-firearms-industry
