Republican seeks to prohibit federal contracts to banks that cut off gunmakers

[ShooterInPA1]

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.

The Louisiana Republican argued that since banks receive certain benefits from the federal government, including but not limited to 2008’s bailout of the financial industry, the federal government shouldn’t contract with banks that take a position on flashpoint social issues.

https://www.washingtonexaminer.com/p...-off-gunmakers

[Qtrborecrazy]

Senator John Kennedy is a pisser.

[Walleye Hunter]

God bless Sen. John Kennedy R-La.

[X Hunter]

No new legislation or law required. Just cut off the banks FDIC for being discriminatory.

[JenniferG]

No new legislation or law required. Just cut off the banks FDIC for being discriminatory.

You have use the force of law on unelected bureaucrats because they think they are the law.

[bluedog46]

I like it. I am sure liberals will find a way to block it, but obama found ways to get around congress and I would hope president trump finds a way.

[mrat]

If they can protest by not doing business, we can stop padding their pockets. F*** 'Em. I'm all for it.