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NRA Applauds Passage of Financial Institution Customer Protection Bill

Thursday, February 4, 2016

Fairfax, Va.— The National Rifle Association (NRA) issued the following statement supporting the passage of H.R. 766, the Financial Institution Customer Protection Act:

“Congressman Luetkemeyer’s legislation puts an end to the Obama administration’s unwarranted attacks upon a legal and thriving sector of the American economy,” said Chris Cox, executive director of NRA’s Institute for Legislative Action. “On behalf of the NRA's 5 million members, I’d like to thank Congressman Luetkemeyer for his steadfast support of the Second Amendment and congratulate him on the passage of H.R. 766.”

“Operation Choke Point” is an Obama Administration initiative that encourages federal financial services regulators to harass and intimidate banks and financial institutions that work with firearm and ammunition retailers. By leaning on the banks, regulators hoped to bring an end to those relationships thereby choking off their cash flow and forcing them out of business. A 2015 Congressional Investigation revealed that ammunition and firearm sales and dealers had, in fact, been targeted.


Established in 1871, the National Rifle Association is America's oldest civil rights and sportsmen's group. More than five million members strong, NRA continues to uphold the Second Amendment and advocates enforcement of existing laws against violent offenders to reduce crime. The Association remains the nation's leader in firearm education and training for law-abiding gun owners, law enforcement and the armed services. Be sure to follow the NRA on Facebook at NRA on Facebook and Twitter @NRA.

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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.