Videos tagged with Amalgamated Bank

This video discusses the introduction of the 'Protecting Privacy and Purchases Act' in the House of Representatives. This bill aims to prohibit credit card companies and payment networks from assigning specific Merchant Category Codes (MCCs) to firearms retailers, which could be used to track gun and ammunition purchases. The legislation is presented as a direct response to efforts, notably by Senator Elizabeth Warren, to implement such tracking, which proponents argue would create a de facto gun registry. The bill's inclusion of preemption clauses is highlighted as a significant victory for gun rights advocates.

This video from Guns & Gadgets provides an expert analysis of recent legislative wins for Second Amendment advocates in Tennessee and Georgia. The host, demonstrating extensive knowledge of gun legislation and financial regulations, explains how new laws protect financial privacy for firearm purchases by preventing the use of specific Merchant Category Codes (MCCs). Additionally, the video discusses Tennessee's new law allowing trained school staff to carry firearms, arguing for the necessity of immediate response in active shooter situations, drawing parallels to the Uvalde incident.

Iowa has enacted the Second Amendment Privacy Act (House File 2464), signed by Governor Kim Reynolds. This law protects the privacy of financial information for individuals purchasing firearms and ammunition. It specifically prohibits financial institutions from using firearm-specific Merchant Category Codes (MCCs) for these transactions and prevents discrimination against firearm retailers based on MCC assignment. The act also prohibits the creation of private firearm ownership registries.

This video details Senator Elizabeth Warren's ongoing efforts, alongside other lawmakers, to compel financial institutions and credit card companies to implement specific Merchant Category Codes (MCCs) for firearm and ammunition purchases. The narrative traces the progression from initial requests to demands for federal government intervention, highlighting the pushback from credit card companies and the varying state-level legislative responses.

This episode of Bullet Points discusses legislative successes for the firearm industry, focusing on the FIND Act and merchant code restrictions. Jake McGuigan of NSSF highlights how these initiatives combat discriminatory practices by financial institutions and credit card companies, aiming to protect firearm retailers, manufacturers, and consumers from 'woke' corporate policies and potential data tracking.

This video, presented by an expert from Langley Outdoors Academy, details Senator Kirsten Gillibrand's call for the DOJ and Treasury to establish federal guidelines for financial institutions using new ISO-approved Merchant Category Codes (MCCs) for firearm and ammunition purchases. The speaker expresses concern that these codes, intended to track suspicious large-scale transactions potentially linked to gun trafficking, could be misused to monitor law-abiding gun owners. The expert highlights the shift from private sector initiatives to federal government action and questions the definition of 'unusually large purchases.'

This video discusses the creation of a new ISO Merchant Category Code (MCC) for firearms and ammunition purchases, and the subsequent pushback from 24 state Attorneys General. The new code is seen as a way for private companies to circumvent legislative processes and potentially infringe upon Second Amendment rights by tracking and possibly restricting purchases. The Attorneys General argue this practice constitutes 'privatization of tyranny' and violates consumer protection laws.

This video discusses a letter sent by 100 House Republicans to credit card companies, specifically MasterCard, demanding answers regarding the implementation of a new firearm-specific Merchant Category Code (MCC). The Republicans express grave concern that this MCC, created by the ISO following pressure from leftist activists, constitutes an "assault on the Second Amendment rights of law-abiding citizens." The letter questions MasterCard's criteria for flagging transactions, potential circumvention of federal firearm registry laws, and fiduciary duties to shareholders by alienating gun owners.

This video features an interview with Mark Oliva of the National Shooting Sports Foundation (NSSF) discussing the implications of new ISO credit card codes for firearms and ammunition purchases. The discussion highlights concerns about privacy, potential for monitoring law-abiding citizens, and the impact on the firearms industry, drawing parallels to past financial pressure campaigns.

This video discusses the implementation of a new Merchant Category Code (MCC) for gun stores, driven by Amalgamated Bank and approved by the International Standards Organization (ISO). This code will allow credit card companies to track purchases of firearms, ammunition, and related items, potentially leading to increased scrutiny and pressure on gun owners and sellers. The speaker expresses concern that this could be a precursor to further restrictions on firearm ownership and a violation of financial privacy.

This video explains the 'why' and 'who' behind the new ISO 701 code for firearm and ammunition purchases. It identifies Amalgamated Bank as the financial institution that pushed for the code, with support from New York Attorney General Leticia James, California AG Rob Bonta, Governor Kathy Hochul, and Senator Elizabeth Warren. The core argument is that these entities leveraged corporate pressure to bypass legislative avenues for gun control.

This video from Guns & Gadgets discusses the recent approval of a new Merchant Category Code (MCC) for gun and ammunition sales by the International Standards Organization (ISO), following a petition from Amalgamated Bank. The speaker, an expert on Second Amendment issues, expresses strong concerns that this code will be used by credit card companies like Visa, American Express, and Mastercard to track and potentially flag legal firearm purchases, viewing it as an infringement on constitutional rights. The video highlights quotes from Amalgamated Bank CEO Priscilla Sims Brown, NY Governor Kathy Hochul, and NY Attorney General Letitia James, who support the code as a tool to combat gun violence, while the speaker argues it unfairly targets law-abiding citizens and advises using cash for purchases.