EPIC! 24 States tell CC companies to “abandon” new Gun purchase Codes… or ELSE…

Published on September 21, 2022
Duration: 4:37

This video details the significant opposition from 24 state Attorneys General and members of Congress against credit card companies adopting a specific merchant code for firearm and ammunition purchases. The action is framed as an attempt to unfairly target law-abiding citizens and potentially circumvent Second Amendment rights, with threats of investigations and observed financial impacts on the card companies.

Quick Summary

Twenty-four state Attorneys General are warning Visa, Mastercard, and American Express against implementing a new merchant code for firearm purchases. They argue it unfairly targets law-abiding citizens and potentially infringes on Second Amendment rights, threatening investigations if the code proceeds.

Chapters

  1. 00:00Introduction: Credit Card Gun Codes
  2. 00:15Growing Opposition to Gun Merchant Code
  3. 00:36Impact of Collective Action
  4. 00:52Call to Action & Sponsor Mention
  5. 01:04Sponsor: Sonoran Desert Institute
  6. 01:3324 States Demand Abandonment of Gun Codes
  7. 01:48News: AGs Warn Card Companies
  8. 02:09Details of AGs' Warning Letter & Stock Impact
  9. 02:49Constitutional Rights & AGs Involved
  10. 03:22Threat of Investigations & Continued Pressure
  11. 03:51Senate's Separate Letter
  12. 04:20Concluding Remarks & Impact

Frequently Asked Questions

Why are 24 states warning credit card companies about new gun purchase codes?

Twenty-four state Attorneys General are warning Visa, Mastercard, and American Express against implementing a new merchant code for firearm purchases. They argue it unfairly targets law-abiding citizens and potentially infringes on Second Amendment rights, threatening investigations if the code proceeds.

What is the significance of a specific merchant code for gun purchases?

A specific merchant code for gun purchases could allow credit card companies to track, flag, or even block transactions related to firearms and ammunition, which opponents view as a backdoor attempt to restrict gun ownership and circumvent Second Amendment protections.

What actions are being taken against credit card companies over the gun code?

Besides the 24 state Attorneys General, House and Senate Republicans have also voiced opposition. Threats of investigations and potential legislative intervention are being made, alongside observed negative impacts on the stock prices of Visa, Mastercard, and American Express.

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