The National Rifle Association says it could soon face a financial crisis that will force it to shut down some of its operations, including broadcasts by its NRA TV division. The pro-gun rights group blames a campaign by New York's Democratic Gov. Andrew Cuomo[1] aimed at discouraging insurance companies and other financial institutions from doing business with the NRA.
The gun rights organization has filed a lawsuit [2]against Cuomo and the New York Department of Financial Services in federal court, alleging that Cuomo and state regulators seek to "deprive the NRA and its constituents of their First Amendment rights to speak freely about gun-related issues and defend the Second Amendment."
Brian Mann, who reports for NPR and North Country Public Radio, says the suit claims Cuomo's actions could "deprive the NRA" of banking, insurance and other financial services that are "essential to the NRA's corporate existence."
The NRA is asking for an immediate injunction to prevent state officials from "interfering with, terminating, or diminishing any of the NRA's contracts and/or business relationships with any organizations."
"If the NRA is unable to collect donations from its members, safeguard the assets endowed to it, apply its funds to cover media buys and other expenses integral to its political speech, and obtain basic corporate insurance coverage, it will be unable to exist as a not-for-profit or pursue its advocacy mission," the lawsuit states. "Defendants seek to silence one of America's oldest constitutional rights advocates. If their abuses are not enjoined, they will soon, substantially, succeed."
The news that the NRA may be in financial woes is being cheered by student activists and survivors of recent mass shootings, like Emma Gonzalez and David Hogg,
