Debanked Firearm Businesses Can Now Hold Banks Accountable

Summary

The Office of the Comptroller of the Currency (OCC) has issued new guidance, announced April 30, allowing firearm businesses to challenge politicized 'debanking' by filing complaints directly with the OCC and FDIC. This guidance implements President Trump's Executive Order 14331 and builds on a joint OCC/FDIC final rule, effective June 9, 2026, which eliminates 'reputation risk' as a supervisory tool, a move praised by NSSF for providing industry accountability.