The Second Amendment remains under attack, and it’s time for Congress to demand that “Fair Access to Banking Services” rules be re-prioritized by the banking industry.
Earlier on Saturday, my colleague Kira Davis reported that Wells Fargo cancelled the accounts of Del Ray, Florida-based Wex Gunworks. Reportedly, Well Fargo deemed the dealership, which supplies a full range of firearm services to Floridians, too risky for a banking relationship with the company. Of note to students of 2A politics, in the case of Wex Gunworks, is that it is a federally licensed NFA Class III dealer in machine guns and silencers, which are legal for Floridians to own. But gun control activists have been pushing ESG departments to act against companies, regardless of state law or business legality. Reportedly, Wells Fargo went further, and severed the personal accounts of owner Brandon Wexler as well.
According to a report in The Reload by journalist Stephen Gutowski,
Except this isn’t the first time Well Fargo has been in the news doing this.
Continues...
Earlier on Saturday, my colleague Kira Davis reported that Wells Fargo cancelled the accounts of Del Ray, Florida-based Wex Gunworks. Reportedly, Well Fargo deemed the dealership, which supplies a full range of firearm services to Floridians, too risky for a banking relationship with the company. Of note to students of 2A politics, in the case of Wex Gunworks, is that it is a federally licensed NFA Class III dealer in machine guns and silencers, which are legal for Floridians to own. But gun control activists have been pushing ESG departments to act against companies, regardless of state law or business legality. Reportedly, Wells Fargo went further, and severed the personal accounts of owner Brandon Wexler as well.
According to a report in The Reload by journalist Stephen Gutowski,
Wexler, who has been cited in stories by the New York Times, Washington Free Beacon, CNN, ABC, and many more publications, said nothing had changed with his business. He said he believed the move by Wells Fargo was motivated entirely by animus against the gun industry.
“It feels like it’s a direct attack against gun dealers,” he said. “This all just happened recently, and we have been in business for many years. I’ve never ever seen anything like this.”
Except this isn’t the first time Well Fargo has been in the news doing this.
Continues...
OpEd: Government Should Fight Second Amendment Redlining as Aggressively as Fair Housing Redlining
It’s time for Congress to demand that 'Fair Access to Banking Services' rules be a priority.
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