Videos tagged with Amalgamated Bank
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 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 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.











