Posted July 31, 2015 5:26 pm by Comments

Only July 30, The House Financial Services Committee marked up and passed out of committee H.R. 766, the Financial Institution Customer Protection Act, which was sponsored by Representative Blaine Luetkemeyer (R-MO). If this bill becomes law, the Federal Deposit Insurance Corporation (FDIC) would be required to inform banks that they are not prohibited nor discouraged from servicing customers in the firearms and ammunition industries. H.R. 766 would also provide bank customers with the tools they need to help enforce these requirements. The need for this legislation shows the severity of abuses taking place under Operation Choke Point (OPC), which the NRA has reported on here and here. …read more

Source:: NRA-ILA

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