Videos tagged with Citibank

Citibank has reversed its 2018 anti-gun policy, which restricted services to firearms-related businesses based on sales practices like background checks, age limits (21+), and bans on bump stocks/high-capacity magazines. This shift is attributed to political pressure, including state-level non-discrimination acts costing the bank billions, and alleged intervention by the Trump administration. While Citibank claims a commitment to fair access, the speaker notes past hypocrisy and the need for continued vigilance from gun owners.

Citibank has reversed its policy of discriminating against gun retailers and manufacturers, a move that previously imposed restrictions such as prohibiting sales to individuals under 21 and banning sales of bump stocks and standard-capacity magazines. While this is a positive development for the firearms industry, the speaker questions the sincerity of the reversal, suggesting it's driven by pressure to support the cryptocurrency market rather than a genuine commitment to Second Amendment rights.

Citibank has reportedly dropped its specific firearm policy, which was implemented in 2018 to promote best sales practices and prudent risk management among retail clients. This move follows a similar action by Bank of America and occurs after the removal of purchasing codes for firearms. The speaker suggests this indicates a shift in corporate stances regarding the firearms industry, potentially driven by political pressure or a desire to distance from associated risks.

This video features Cam Edwards interviewing Jake McGuigan from the National Shooting Sports Foundation (NSSF). The discussion centers on Citibank's continued denial of credit to the firearms industry. The interview aims to inform viewers about the financial challenges faced by businesses within the gun sector, likely exploring the implications of such banking policies. Additional information can be found on the NSSF blog.