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General Category => National/Breaking News => Second Amendment => Topic started by: Elderberry on January 18, 2021, 12:44:55 pm

Title: A Win in the Financial Sector for the Firearms Industry
Post by: Elderberry on January 18, 2021, 12:44:55 pm
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 (https://www.americas1stfreedom.org/articles/2021/1/17/a-win-in-the-financial-sector-for-the-firearms-industry)
Title: Re: A Win in the Financial Sector for the Firearms Industry
Post by: thackney on January 18, 2021, 04:06:10 pm
Great news.  This has caused problems for many.
Title: Re: A Win in the Financial Sector for the Firearms Industry
Post by: GtHawk on January 18, 2021, 05:39:45 pm
Quote from: thackney on January 18, 2021, 04:06:10 pm
Great news.  This has caused problems for many.
It's great news, but..........for how long? This new rule runs contrary to the Harris/Biden game plan.
Title: Re: A Win in the Financial Sector for the Firearms Industry
Post by: libertybele on January 18, 2021, 05:44:53 pm
Quote from: GtHawk on January 18, 2021, 05:39:45 pm
It's great news, but..........for how long? This new rule runs contrary to the Harris/Biden game plan.

Harris/Biden will destroy this country; they've already begun.
Title: Re: A Win in the Financial Sector for the Firearms Industry
Post by: txradioguy on January 22, 2021, 10:41:16 pm
Quote from: GtHawk on January 18, 2021, 05:39:45 pm
It's great news, but..........for how long? This new rule runs contrary to the Harris/Biden game plan.

Good point.  IIRC putting pressure on financial institutions to not do business with anyone in the firearms trade was one of the points of their upcoming legislative plans.
Title: Re: A Win in the Financial Sector for the Firearms Industry
Post by: GtHawk on January 23, 2021, 04:59:50 am
Quote from: txradioguy on January 22, 2021, 10:41:16 pm
Good point.  IIRC putting pressure on financial institutions to not do business with anyone in the firearms trade was one of the points of their upcoming legislative plans.
Isn't that just another Obama retread? Proving again that the only original thought Biden has belongs to somebody else.