A Kamala Harris presidency would mean a continuation of the executive branch attacks on lawful gun owners and the right to keep and bear arms that we’ve seen from the Biden/Harris administration over the past four years, but new ATF regulations and DOJ prosecutions aren’t the only threats that gun owners would face.
As Rep. Elise Stefanik and Rep. Andy Barr write at Newsweek, the weaponization of the financial industry is likely to ramp up as well, with the mandating of merchant category codes tied specifically to gun stores across the country. According to the gun control advocates who back their use, MCC’s are supposed to help banks and credit card companies identify “suspicious” transactions at gun shops, but critics contend that the codes are essentially useless, not to mention a violation of gun owners’ privacy.
The MCCs don’t track specific purchases. Instead, banks and other financial institutions can see when and where a purchase was made as well as the total dollar amount, but they have no way of knowing if a particular transaction involved a gun, ammunion, accessories, or even clothing. That makes it difficult, if not impossible, to identify a “suspicious” transaction, and it could easily lead to companies erring on the side of caution and flagging perfectly innocent transactions. Stefanik and Barr, however, have an answer for that threat.
To counteract this infringement on our rights, we introduced the Protecting Privacy in Purchases Act.
Our bill aims to ensure that firearms retailers are not unjustly targeted by payment card networks or other financial entities, and purchases by law-abiding citizens are protected from monitoring and denial by the government. Specifically, our bill ensures that firearms retailers are not considered differently than general or sporting goods merchants.
This protection preserves the privacy of Americans making lawful purchases, prevents the creation of a backdoor registry of gun owners, and guarantees that legal commerce is not unfairly surveilled or impeded based on the nature of the goods sold. […]
— Read More: bearingarms.com
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