The banking sector is hoping to convince congress to make it legal for them to refuse to do business with gun companies, or conservatives, or anyone else who does not toe the far-left agenda.
The Treasury Department’s Office of the Comptroller of the Currency (OCC) recently proposed a rule that would require banks to do business with any lawful business, including gun manufacturers. After all, why shouldn’t they? Guns are not only legal, they are protected by the U.S. Constitution.
But banks are working to destroy the Second Amendment and they want the color of law to excuse their attack on the Constitution and the nation.
Per the Washington Free Beacon:
The Bank Policy Institute argues that the new rule would “effectively replace the traditional business of American banking,” adding that it would require banks to take on risk and barring them from “using subjective judgment and qualitative considerations, including reputational risk, in deciding whether to provide a financial service.” A group of 12 Democratic lawmakers concurred, saying that the proposed rule would hamper the ability of banks to make comprehensive assessments of businesses.
But Democrats prefer to promulgate their left-wing agenda.
“Propping up an industry with falling revenue because its business cannot provide competitive prices is antithetical to the free-market capitalism on which our country thrives,” Democratic lawmakers wrote in a letter to the Treasury.
The whole reason for the proposed rule was a response to the announcement by a group of banks that they intended to stop doing business with those whose politics they don’t like.
Now that the extreme left is set to take over the federal government, look to see the banks given the ability place the leftist agenda ahead of the law.
Make no mistake, conservatives. THIS is what they want to do to all non-leftists.
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