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.'
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