Citigroup CEO Claims Rules Don’t Threaten Second Amendment

By Tom Knighton

AP Photo/Mark Lennihan, File

Over the last year, a number of banks decided it’s up to them to regulate the firearm industry. They’ve issued rules that retailers have to abide by or find their banking services cut off, sometimes with disastrous results. The rules were made unilaterally, with no negotiation from gun sellers and no input from the firearm industry.

Now, the CEO of Citigroup, one of the entities that have pushed for these rules, claims that there’s no threat to the Second Amendment from his company.

“Citigroup has no business threatening law-abiding business owners for exercising their Second Amendment rights,” Danhof told CEO Michael Corbat and the company’s board. The attorney backed up his argument with statements from Buffett, the CEO nicknamed the “Oracle of Omaha,” who said he wouldn’t force his own Democratic viewpoints on Berkshire Hathaway, the conglomerate he formed that controls businesses from fast-food chain Dairy Queen to auto-insurer Geico.

“I don’t think that we should have a question on the Geico policyholder form, ‘Are you an NRA member?’” Buffett told investors at Berkshire’s annual meeting in Omaha, Nebraska, in May. “And if you are, you just aren’t good enough for us or something.’ I think I …Read the Rest

Source:: Bearing Arms