A year-old political battle over firearms policies adopted by handful of national banks and financial institutions is still burning in the Louisiana State Capitol. House Bill 413 Rep. Blake Miguez, a New Iberia Republican and competitive shooter, would outlaw what he called “discrimination” by making it illegal for a bank, credit card processor or other financial institution...
Despite other banks discontinuing support of gun manufactures, Wells Fargo & Co. is standing their ground and holding onto their ties to firearm companies and the National Rifle Association. Last week, Wells Fargo issued a $40 million line of credit to gun manufacturer Sturm, Ruger & Co., according to financial filings. That’s on top of the $431 million...
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