Bank Lobbyist Hired to Further the Fight

Versteckte Handschuhe

Junger Manager versteckt Boxhandschuhe hinter seinem R¸ckenRobert Kneschke

NSSF is stepping up efforts to push back against industry discrimination in the wake of moves by Citigroup, Bank of America, and other companies to deny various financial services to firearms-related businesses. NSSF hired Will Hollier, of Hollier & Associates, to work with Congress against “discriminatory banking actions against [the] firearms industry,” according to a federal lobbying disclosure form filed May 1.

U.S. Senate Banking Committee Chairman Mike Crapo (R-Idaho) criticized the banking industry for discriminatory practices. Sen. Crapo sent letters to both Bank of America and Citigroup questioning their use of market power to withhold credit to customers and companies they disfavor. Sen. Ted Cruz (R-Texas) sent a letter to both banks demanding answers as to why the policies were adopted.