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Republican seeks to prohibit federal contracts to banks that cut off gunmakers
by Colin Wilhelm
| October 02, 2018 04:24 PM
Sen. John Kennedy R-La., introduced legislation Tuesday to prohibit federal contracts with banks that end business with other lawful businesses over social policy.
The topic became a hot button issue last spring when Bank of America and Citigroup announced that they would end banking relationships with gun manufacturers or retailers that sold certain semi-automatic weapons similar to ones used in mass shootings of civilians.
“It’s very simple, it just says that we can’t issue contracts to banks that decide they want to make social policy,” Kennedy told the Washington Examiner.
Republican seeks to prohibit federal contracts to banks that cut off gunmakers
by Colin Wilhelm
| October 02, 2018 04:24 PM
Sen. John Kennedy R-La., introduced legislation Tuesday to prohibit federal contracts with banks that end business with other lawful businesses over social policy.
The topic became a hot button issue last spring when Bank of America and Citigroup announced that they would end banking relationships with gun manufacturers or retailers that sold certain semi-automatic weapons similar to ones used in mass shootings of civilians.
“It’s very simple, it just says that we can’t issue contracts to banks that decide they want to make social policy,” Kennedy told the Washington Examiner.
Republican seeks to prohibit federal contracts to banks that cut off gunmakers