Is the Federal government trying to pressure banks to put people in the gun industry out of business? Based on revelations around “Operation Choke Point,” it seems the answer might be yes.
The allegations are serious enough that the NSSF just announced that it is working “with members of the House Financial Services Committee and members of the Oversight and Government Reform Committee concerning several documents that have surfaced from the FDIC labeling companies in the firearms and ammunition industry as ‘high risk.'”
That “high risk” label is an interesting one that the FDIC has applied to the porn industry and businesses that deal in drug paraphernalia, and that has caused some banks to quit working with those businesses. If in fact the FDIC has done this with the gun industry, it would count as a serious back-door attempt to infringe the Second Amendment.
But the jury, so to speak, is still out on this, which is why the NSSF is working with various members of Congress to determine whether this is an orchestrated effort by the government to harass the gun industry.
As a preventative measure, the NSSF said it has partnered with U.S. Rep. Blaine Luetkemeyer (R-MO) to add an amendment “to the FY15 Commerce, Justice, Science and Related Agencies Appropriations Bill, which would prevent federal funds from being used as part of “Operation Choke Point” or in any effort targeting companies involved in the lawful commerce in firearms.”
For more detail on this topic, see this piece from the Washington Times.