Tag: banking

Breaking the Bank

JPMorgan Chase recently announced the banking giant’s policy of denying services to manufacturers of Modern Sporting Rifles (MSRs) is over. That’s a welcome reversal of policy after NSSF met with JPMorgan Chase officials to work to end the discriminatory policy. It is also the most recent of the big banks, including Bank of America and Citigroup that have shifted banking service policies that previously froze out members of the firearm industry. [More]

About damn time for all of them, and Morgan has been particularly offensive.

Now, what about “Merchant Category Codes“?

Hey, when the house of cards collapses, who’s in for more “too big to fail” bailouts?

And not to put too fine a point to it, but MSR seems counterproductive to me.

Banking on Disarmament

Major digital currency’s terms of use: No firearm, ammunition purchases [More]

I thought crypto was meant to facilitate freedom, not become a controlling trap.

No way to ensure it’s “legal tender for all debts public and private”…?

And in a tangentially-related development, I’m trying to determine the truth and the timing of this:

[Via WiscoDave]

To Their Credit

The Consumer Financial Protection Bureau (CFPB) under Director Russ Vought on Tuesday closed a Biden-era investigation against Credova, a subsidiary of Public Square that provides consumer financing for firearms, believing this is yet another example of weaponization of government that the Trump administration hopes to end, Breitbart News has learned exclusively. [More]

This good cop/bad cop makes my head hurt.

[Via bondmen]

Banking to the Right

GUARANTEEING FAIR BANKING FOR ALL AMERICANS [More]

The rope-selling capitalists have been banking on disarmament for a long time. A long time.

You can deposit those checks now, Teagan…

Questions: Will this apply to anti-gun payment processors making decisions on their own without bureaucratic regulatory pressure? And anybody know if and how Merchant Category Codes may be affected?

More “geeky banking details” here…

[Via Jess]

None Dare Call It Bipolar

The FDIC will eliminate “reputational risk” from regulatory standards. Since President Obama began “Operation Choke Point,” Democrats and anti-gun financial institutions have weaponized “reputational risk” to de-bank the gun industry. [More]

See? Back and forth, back and forth…

[Via Jess]

And I’m Proud to Be an American, Where at Least I Know I’m Free

Taking $200 Out of an ATM Should Not Trigger Federal Financial Surveillance… Treasury Secretary Scott Bessent said the change “underscores our deep concern with the significant risk to the U.S. financial system of the cartels, drug traffickers, and other criminal actors along the Southwest border.” [More]

Maybe they can get some more of those “Always Think Forfeiture” Leathermans made up…

So, yet again, government creates problems it uses as an excuse to crack down on those of us paying for it. And this time, it’s “law and order Republicans.”

And They Shall Be Like Gods?

Where they were taking us through their plans, and it was – basically just full government – full government control – like this sort of thing, there will be a small number of large companies that will be completely regulated and controlled by the government, they told us. [More]

You know, fascism. The real kind, not what Democrats channeling their inner Antifa accuse Constitutionalist of being.

As for “debanking,” add that to the list of things “Gun Owners for Trump” needs to bring to his ear: No federal bailouts for discriminators.

[Via LWP]

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