States are enacting laws to safeguard consumers' financial privacy when purchasing guns and ammunition, aiming to prevent government intrusion. Recent legislation prohibits financial institutions from using specific merchant codes for gun transactions, with Kentucky passing a law against firearm ownership registries. Advocates praise these measures as protecting Second Amendment rights and preventing political weaponization of financial systems.
“Kentucky’s lawmakers are showing their citizens what leadership in action looks like by protecting their privacy and preventing woke Wall Street from colluding with government to target them for exercising their Second Amendment rights,” said Lawrence Keane, National Shooting…
Second Amendment advocates who lobby to ensure the government isn't targeting firearm owners or businesses selling guns hailed the legislation. https://t.co/NIut1hy8bJ
Kentucky is the latest state to pass a law prohibiting keeping or causing to be kept any list, record or registry of private firearm ownership. https://t.co/NIut1hy8bJ
Those states also leaped to pass legislation this year when GOP lawmakers in January showed that the U.S. Treasury’s Financial Crimes Enforcement Network spied on Americans’ gun purchases through the MCC. https://t.co/NIut1hy8bJ
Florida, Idaho, Mississippi, Montana, North Dakota, Texas and West Virginia legislatures passed these bills last year when Amalgamated Bank sought the firearm-retailer-specific MCC. https://t.co/NIut1hy8bJ
Progressives want to surveil Americans who shop at gun stores. It’s a weaponization of the financial system for political purposes. This is a dangerous path they’re pursuing. Be warned, if MCC codes are used as political cudgels, they could be wielded by conservatives, too. https://t.co/aOWyeaBBHk
These laws prohibit financial institutions from requiring the use of a firearm code, called a Merchant Category Code, for gun and ammo purchases at retailers when using a credit card. https://t.co/NIut1hy8bJ
Democratic lawmakers are calling on the Biden administration’s regulators to pressure financial firms into fully implementing new merchant codes for gun purchases. More from Vault co-author @BrendanPedersen: https://t.co/WdhNTnJjWL
States aiming to protect consumers’ financial privacy when buying guns, ammo https://t.co/YuxHq4zutr https://t.co/yKiXnFKu5Z
States are lining up to pass legislation that prevents the government from invading financial privacy when consumers purchase firearms and ammunition from retailers. https://t.co/6VsOzKhChD
NEWS: Two critical bills regarding firearms and gun safety, HB 2021 and SB 5985, passed during the 2024 legislative session. (Story via @morganbortnick) https://t.co/nnGQIOrECO
States aiming to protect consumers' financial privacy when buying guns, ammo https://t.co/ZxoFNSDKIf