Senators Pushing for Anti-Discrimination Measures to Protect Firearms Industry

Nineteen members of the United States Senate have called upon several federal agencies to ensure that gun stores and other firearms-based businesses are protected from predatory and discriminatory actions by banks during the process of handing out coronavirus relief funding, as reported by the Daily Caller.

The group of senators sent a letter on April 28th to several federal agencies, including the Treasury Department, the Federal Reserve, and the Small Business Administration, which claims that “a vocal but small minority has weaponized federally-backed banks against politically disfavored businesses…by denying them financial services based on political reasons that have nothing to do with creditworthiness.”

The group is led by Senator Kevin Cramer (R-N.D.), who is chair of the Senate Banking Committee, and is referring to numerous instances of either gun stores being denied federal relief, or major corporations and big banks adopting and expressing anti-gun policies. As such, the letter demands that such agencies either explain how such funds are being distributed in a manner that is not politically motivated, or otherwise to enact regulations that will unsure such bias does not occur in the future distribution of funds.

About Eric Lendrum

Eric Lendrum graduated from the University of California, Santa Barbara, where he was the Secretary of the College Republicans and the founding chairman of the school’s Young Americans for Freedom chapter. He has interned for Young America’s Foundation, the Heritage Foundation, and the White House, and has worked for numerous campaigns including the 2018 re-election of Congressman Devin Nunes (CA-22).

Photo: Jason Connolly/AFP via Getty Images

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