Maxine Waters’ Anti-Gun Agenda: More Craziness Ahead
Maxine Waters’ Anti-Gun Agenda: More Craziness Ahead by: Daniel Jennings – Off the Grid News
Congresswoman Maxine Waters can stop gun sales in her new position as Chairwoman of the House Financial Services Committee. Waters’ committee has the power to pressure financial institutions to stop doing business with firearms companies.
For example, Waters’ committee could pressure banks to close gun retailers’ accounts and credit card companies to stop processing firearms purchases. Moreover, National Review writer James Setterlund thinks Waters’ committee could force banks or credit unions to stop making payments to gun retailers.
In fact, the Obama administration tried a similar tactic in 2013 by pressing banks to close accounts for “high-risk” businesses in “Operation Chokepoint.” Notably, Operation Chokepoint’s targets included “firearms and ammunition sales, adult entertainment, check cashing, and short-term lending.”
Maxine Waters’ Anti-Gun Agenda Has Found Life With Her New Committee
“In other words, they will use political pressure to force private institutions into creating social policy that threatens constitutional rights,” Setterlund writes of Waters’ committee.
As an illustration, the House Financial Services Committee has the power to subpoena banks to get records of gun retailers’ accounts. Consequently, Waters’ committee could learn the names and addresses of gun owners.
Representative Waters understands the committee because she has served on it since 1991. Furthermore, the Financial Services Committee oversees everything from banks and Wall Street to credit card companies and cryptocurrency, Vox reports.
Here’s Exactly How Maxine Waters’ Anti-Gun Agenda Can Stop Firearms Sales
As a result, Waters will have the power to subpoena credit card companies for records about firearms purchases. In particular, Waters could pressure credit card giants such as Visa, MasterCard, and American Express to stop working with gun retailers.
Additionally, Waters can stop gun sales by forcing gun shops to cease taking check or credit card payments. So, the only way people could pay for firearms may end up being with cash.
However, gun store owners would have no way to use that cash to make mortgage, utility, or rent payments. To elaborate, the committee could force banks to stop taking money from gun businesses. In that scenario, gun store owners would not be able to write checks or use electronic bill pay.