Posted March 21, 2023 3:00 pm by Comments

By TTAG Contributor

By Mark Oliva
There’s no bigger proof that the merchant category code (MCC) specific to firearm retailers is really a bad idea than those losing their minds now that major credit card companies announced they won’t put it into practice.
U.S. Sens. Bob Menendez (D-N.J.) and Elizabeth Warren (D-Mass.) sent a letter to the Department of Justice and Treasury Department to publish “any policy advisory, enforcement guidance and other materials needed by financial institutions retailers and law enforcement as the new code is implemented for gun an ammunition stores.” That was followed by a letter from 14 state attorneys general, led by New Jersey Democrat AG Matthew Platkin, to the CEOs of the major credit card companies telling them they see “no justifiable reason” to pause implementation of the tracking code.
Continue reading Gun Control Orgs, Politicians Lose Their Minds, Threaten Credit Card Companies Over ‘Pause’ in Gun Purchase Tracking at The Truth About Guns.

Source: The Truth About Guns

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