Republicans leave gun clause out of Dodd-Frank reform

By Christen Smith

Congressional Republicans decided against a Second Amendment rider to the highly-anticipated Dodd-Frank reform bill signed into law last week — a blow for gun rights groups hoping to strike back against the financial sector over its recent anti-gun activism.
It’s the latest twist in a nearly-four month siege against gun makers and retailers after a teenager killed 17 with a Smith & Wesson M&P15 rifle at a high school in southern Florida on Valentine’s Day. In lieu of congressional action, major banks — including Citi and Bank of America — implemented new rules for clients selling or making guns. Meanwhile, several high-profile retailers, led by Dick’s Sporting Goods, adopted policies restricting firearm sales and destroying existing inventories of modern sporting rifles.
Gun groups balked at the backlash while Republicans on Capitol Hill demanded answers. Senate Banking Committee Chairman Mike Crapo, an Idaho Republican, blasted BoA in a letter submitted to Chief Executive Officer Brian Moynihan last month, accusing the company of “seeking to replace legislators and policymakers.”
“It is deeply concerning to me when large national banks like Bank of America, which receive significant forms of government support and benefits, use their market power to manage social policy by withholding access to credit to customers and

Source: Guns.com