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Legislation Introduced to Break Administrative Choke Hold on Firearm and Ammunition Vendors

Friday, February 13, 2015

Legislation Introduced to Break Administrative Choke Hold on Firearm and Ammunition Vendors

In January, we reported on encouraging news that the Federal Deposit Insurance Corporation (FDIC) had taken steps to reassure banks that they are not categorically prohibited nor discouraged from servicing customers in the firearms and ammunition industries. Of course, the very fact that this should be considered newsworthy demonstrates just how bad the politically-motivated abuses of federal banking regulators, including but not limited to FDIC and Department of Justice (DOJ), had become. The supposed "enforcement" program at the center of this scandal, Operation Choke Point (OPC), has been the subject of considerable congressional attention. Recently, bills were introduced that seek to put a definitive end to the administration’s squeeze of what it considers "immoral" businesses operating within the law.

On Thursday, Sen. Marco Rubio (R-FL) introduced the Firearms Manufacturers and Dealers Protection Act of 2015. This bill would completely defund, in perpetuity,“Operation Choke Point or any other program designed to discourage the provision or continuation of credit or the processing of payments by financial institutions for dealers and manufacturers of firearms and ammunition.“ The bill expresses Senator Rubio’s strong conviction that “[w]e must stop this administration’s effort to target private industries and the 2nd Amendment rights of law-abiding citizens.”

Sen. Rubio’s bill followed Rep. Blaine Luetkemeyer’s (R-Mo.) re-introduction on February 5 of the Financial Institution Customer Protection Act. This legislation would institute numerous reforms to bring more transparency and accountability to federal oversight of banks, all aimed at preventing the sort of unchecked abuse of discretion at the heart of OPC.

For example, the bill would require regulators that suggest or order a bank to terminate a customer’s account to put the directive in writing, with reference to any specific laws or regulations the enforcement agency believed were being violated. Moreover, no such reason could be based solely on “reputational risk,” the supposed basis for including firearm and ammunition businesses within the scope of OPC’s “high risk” target list. Regulating agencies would also have to submit annual reports to Congress documenting any such requests or orders. Finally, the Act would make important amendments to the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, which agencies have cited as authorization for OPC, to clarify the law’s scope so as conclusively to preempt this dubious justification.

On Thursday, Rep. Luetkemeyer published excerpts of a FDIC whistleblower’s letter, which further substantiate the illegitimate ends of OPC. The individual wrote: “I am an employee of the Federal Deposit Insurance Corporation (FDIC). I was proud of my job and the FDIC’s mission before Operation Choke Point. During the past two years, however, we have been told to examine banks much more harshly, if they deal with a class of customers prohibited by Choke Point.” Some may have difficulty believing (or accepting) that the corruption inherent in using regulatory authority to attempt to destroy entire lawful industries could exist in the United States government. As unsettling as that idea may be, it cannot be ignored, and Rep. Luetkemeyer has systematically and courageously exposed and opposed it.

The NRA is grateful for the leadership of Sen. Rubio and Rep. Luetkemeyer on this issue, and encourages you to contact your U.S. Senators and Representative to voice support of the legislation to end OPC.

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Maryland: Pro-Carry Legislation Pending Final Vote on House Floor

Monday, March 20, 2017

Maryland: Pro-Carry Legislation Pending Final Vote on House Floor

Today, the Maryland House of Delegates passed House Bill 1036 on second reading.

Ohio: Critical Self-Defense Law Takes Effect Today!

Tuesday, March 21, 2017

Ohio: Critical Self-Defense Law Takes Effect Today!

Today, March 21, the provisions of the critical self-defense legislation, Sub. Senate Bill 199, go into effect.  Thanks to your active involvement last session, this bill was signed by Governor Kasich last December.  This law ...

Maryland: House Passes Pro-Carry Legislation

Tuesday, March 21, 2017

Maryland: House Passes Pro-Carry Legislation

Yesterday, the Maryland House of Delegates passed House Bill 1036 by a 97-41 vote.

Illinois: Gun Seizure Bill Could be Heard by House at Any Time

Tuesday, March 21, 2017

Illinois: Gun Seizure Bill Could be Heard by House at Any Time

The Illinois House of Representatives could consider House Bill 2354 at any time.

Are Ear Plugs Better Than a Suppressor?

Hunting  

News  

Friday, March 17, 2017

Are Ear Plugs Better Than a Suppressor?

On March 13, the gun control group, Americans for Responsible Solutions, posted a tweet claiming:  “FACT:  Silencers do not protect your hearing.”  An infographic accompanied the tweet with the additional claim “You know what protects ...

Idaho: Senate Passes Concealed Carry Amendment

Tuesday, March 21, 2017

Idaho: Senate Passes Concealed Carry Amendment

Yesterday, March 20, the Idaho Senate passed House Bill 93 by a 35-0 vote.  Introduced by state Representative Don Cheatham (R-3B) and sponsored on the floor by state Senator Marv Hagedorn (R-14), HB 93 would amend current law ...

Nevada: Senate Passes Anti-Gun SB 115

Wednesday, March 22, 2017

Nevada: Senate Passes Anti-Gun SB 115

Yesterday, March 21, the Senate passed anti-gun Senate Bill 115 with a 12-9 vote.  SB 115 was sent to the Assembly for further consideration.  Sponsored by state Senator Moises Denis (D-2), SB 115 would expand the list ...

European Parliament Passes Stringent New Gun Controls

News  

Friday, March 17, 2017

European Parliament Passes Stringent New Gun Controls

On March 14, the European Union completed one of the final steps in imposing stringent new gun controls across the political bloc, when the European Parliament approved legislation to alter the EU Firearms Directive by ...

North Dakota: Constitutional/Permitless Carry Bill Passes Committee and Headed to Senate Floor

Monday, March 20, 2017

North Dakota: Constitutional/Permitless Carry Bill Passes Committee and Headed to Senate Floor

Today, the Senate Judiciary Committee recommended do-pass to House Bill 1169 by a 4-2 vote.  HB 1169 could go to the Senate floor as early as tomorrow.  Please contact your state Senator and politely urge them to ...

Pro-gun Bills Introduced to Reform FOPA, Protect Interstate Transport of Firearms for Lawful Use

Gun Laws  

News  

Friday, March 17, 2017

Pro-gun Bills Introduced to Reform FOPA, Protect Interstate Transport of Firearms for Lawful Use

Pro-gun members of Congress have introduced legislation to protect travelers who are transporting firearms interstate for lawful purposes.

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NRA ILA

Established in 1975, the Institute for Legislative Action (ILA) is the "lobbying" arm of the National Rifle Association of America. ILA is responsible for preserving the right of all law-abiding individuals in the legislative, political, and legal arenas, to purchase, possess and use firearms for legitimate purposes as guaranteed by the Second Amendment to the U.S. Constitution.