HTTP/2 200 date: Thu, 11 Mar 2021 17:33:44 GMT content-type: text/html; charset=UTF-8 set-cookie: __cfduid=d0fb85587a0c29b97e9cc550277b729fc1615484024; expires=Sat, 10-Apr-21 17:33:44 GMT; path=/; domain=.www.nssf.org; HttpOnly; SameSite=Lax vary: Accept-Encoding vary: Accept-Encoding x-pingback: https://www.nssf.org/xmlrpc.php link: ; rel="https://api.w.org/" link: ; rel="alternate"; type="application/json" link: ; rel=shortlink x-powered-by: WP Engine x-cacheable: SHORT vary: Accept-Encoding,Cookie cache-control: max-age=600, must-revalidate x-cache: HIT: 7 x-cache-group: normal cf-cache-status: DYNAMIC cf-request-id: 08c3f30f9c000028d3f12ea000000001 expect-ct: max-age=604800, report-uri="https://report-uri.cloudflare.com/cdn-cgi/beacon/expect-ct" server: cloudflare cf-ray: 62e687929da028d3-IAD alt-svc: h3-27=":443"; ma=86400, h3-28=":443"; ma=86400, h3-29=":443"; ma=86400 NSSF Hails Rep. Barr’s ‘Fair Access to Banking Act’ • NSSF

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March 11, 2021


NEWTOWN, Conn. — The NSSF®, the firearm industry’s trade association, applauded U.S. Rep. Andy Barr’s (R-Ky.) introduction of the Fair Access to Banking Act. The much-needed legislation will pick up where the Fair Access to Financial Services Banking Rule left off, which was proposed by the Office of the Comptroller of the Currency until the Biden administration “paused” publication of the finalized rule.

The bill is companion legislation to U.S. Sen. Kevin Cramer’s S. 563[3], of the same title, that was introduced last week. The Fair Access to Banking Act would require banks to provide access to services, capital, and credit based on the objective risk assessment of individual customers, rather than subjective broad-based decisions affecting whole categories or classes of customers.

The Fair Access to Banking Act would stop corporate banks from picking winners and losers based on executives’ personal politics. It also protects banks from outside pressure by special interest groups seeking to use the banks as a political weapon to advance their agenda.

“Congressman Barr’s ‘Fair Access to Banking’ bill is vital to ensure financial services aren’t discriminating against lawful industries like the firearm industry to score points with the ‘woke’ cancel culture. This legislation will ensure financial institutions, when deciding whether or not to offer services to

Read more from our friends at the NSSF