U.S. Senator Elizabeth Warren and Democratic lawmakers are pushing for financial regulators to enforce a payment code for gun purchases to protect consumers' financial privacy. Several states have passed laws prohibiting the use of a firearm code for gun and ammo purchases at retailers, aiming to prevent government intrusion. The legislation is in response to concerns about the government spying on Americans' gun purchases through Merchant Category Codes (MCCs). Second Amendment advocates and Kentucky lawmakers have welcomed these measures as safeguards against potential targeting of firearm owners.
“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
States aiming to protect consumers' financial privacy when buying guns, ammo https://t.co/ZxoFNSDKIf
⚠️ US SENATOR WARREN RENEWS CALL FOR GUN SALE CODE REGULATION Full Story → https://t.co/Qc2wm7Ti0j U.S. Senator Elizabeth Warren and other Democratic lawmakers renewed calls for financial regulators to direct the use of a payment code for firearms retailers, citing… https://t.co/Sx82L9RMar