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Why Does Capital One Consider Lawful Gun Sales to be a ‘Prohibited Industry’?
ShootingNewsWeekly ^ | 5/12/26 | Mark Oliva

Posted on 05/13/2026 3:24:19 PM PDT by CFW

Capital One, the corporate banking giant, has an advertising tagline that asks, “What’s in your wallet?” For one Maryland gun shop, the answer to that question appears to be a banking giant that ignores a White House executive order and dismisses Treasury Department regulations that forbid banking discrimination.

Capital One Financial Corporation has been in business since 1994 and the McLean, Va., international banking giant with over $475 billion in assets boasts that it offers credit cards, auto loans, checking and savings accounts and commercial banking services. That is, unless the customer happens to be a firearm retailer.

Just ask Jonathan Bennett, owner of United Gun Shop in Rockville, Md. Bennett tried using Capital One’s payment platform, administered by Melio Payments, for business and billing transactions. The firearm retailer had previously used the payment platform without issue. That changed on April 11, 2025, when Bennett met with Capital One after services were cancelled without notice. That cost Bennett’s business $75,000 in damages and disrupted services.

According to reporting by The Daily Wire, Bennett was surprised to learn that his business — legally selling firearms to law-abiding citizens — was considered to be in a “prohibited industry” by the big bank.

Bennett’s not rolling over on the illegal de-banking. He’s making Capital One and Melio Payments answer in court. His lawsuit alleges the two banking service providers blocked United Gun Shop from “making future payments” before disabling the business from completing payment transactions.

(Excerpt) Read more at shootingnewsweekly.com ...


TOPICS:
KEYWORDS: 2ndamendment; banglist; capitalone; discrimination; firearms
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I'm glad to see that they are suing. Hopefully, Capital One will not only be forced to reverse their actions, but also pay a large sum of money to Mr. Bennett.
1 posted on 05/13/2026 3:24:19 PM PDT by CFW
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To: CFW

Not in my Wallet


2 posted on 05/13/2026 3:25:59 PM PDT by butlerweave (Fateh)
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To: CFW

I guess ask Chuck and Allie.


3 posted on 05/13/2026 3:37:26 PM PDT by kawhill (Dywedwch Wrthbym because + Add translation Welsh-English dictionary 'Tell Us')
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To: CFW

Could someone sue them to force them to hire American born English speakers that are understandable?


4 posted on 05/13/2026 3:40:18 PM PDT by ChildOfThe60s (If you can remember the 60s, you weren't really there)
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To: ChildOfThe60s

English speaking service reps would be great in every industry. I’m getting tired of having to ask to speak with someone who knows English.

In other 2nd Amendment news:

“Democrat-Run City Accused of Keeping Illegal Gun Owner Registry”

https://thelibertydaily.com/democrat-run-city-accused-keeping-illegal-gun-owner/

“Florida’s attorney general is suing the city of Jacksonville over an alleged registry of gun owners, seeking a fine of as much as $5 million.

The alleged registry, first revealed by a Republican city council member in May 2025 to WJAX, a Jacksonville-area TV station, reportedly listed about 100 people who had entered city buildings while armed. Attorney General James Uthmeier announced the legal action in a Tuesday afternoon post on X, concluding a probe he launched in January.

“Today we are suing the city of Jacksonville for knowingly maintaining an illegal gun registry in violation of Florida law,” Uthmeier said. “In July 2023, after Mayor [Donna] Deegan took office, Jacksonville City management approved and implemented a logbook, a gun registry that required security officers to screen visitors and record the visitor’s name, age, state-issued ID number and the weapon type of anyone found to be carrying a firearm.””


5 posted on 05/13/2026 3:48:32 PM PDT by CFW
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To: CFW

I can’t boycott a business I’ve NEVER patronized.


6 posted on 05/13/2026 3:55:19 PM PDT by Biblebelter
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To: CFW
https://www.lawinsider.com/dictionary/prohibited-industry

That AI site contains twenty one different exclusions:

Prohibited Industry means each of the following business area:

(i) assault weapons or firearms manufacturing,

(ii) payday lending, title lending, or predatory lending,

(iii) pawn shops,

(iv)pornography or adult entertainment,

(v) illegal or internet gaming (excluding, for the avoidance of doubt, hospitality and/or resorts development or management thereof) or internet cafes,

(vi) the sale or cultivation of marijuana,

(vii) private prisons,

(viii) embassies and foreign consulates,

(ix) political campaigns, committees or candidates, or

(x) any other industry, business, product or service that is illegal under United States federal laws.

7 posted on 05/13/2026 3:55:44 PM PDT by MurrietaMadman (The Gates of hell shall not prevail against you)
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To: MurrietaMadman

From the article:

“That’s going to be a problem for Capital One and Melio Payments. In August 2025, President Donald Trump issued the executive order guaranteeing free and fair banking for all Americans. That ended banking discrimination against individuals and entities based on political beliefs.”

[snip]

The OCC issued a final rule just last month codifying the elimination of “reputational risk” from their supervisory programs. The OCC explained that the final rule defines “reputational risk” and prohibits the OCC and FDIC from criticizing or taking adverse action against an institution on the basis of reputation risk.

The rule also prohibits the agencies from requiring, instructing or encouraging an institution to close customer accounts or take other actions on the basis of a person or entity’s political, social, cultural or religious views or beliefs, constitutionally protected speech or solely on the basis of politically disfavored but lawful business activities perceived to present a “reputation risk.”


Buying and selling guns isn’t against the law. Capital One may not get away with this under a Trump administration. Harmeet K. Dhillon, AGG for the DOJ Civil Rights division, is pretty adamant about protecting civil rights. It will be interesting to see if they get involved in this case.


8 posted on 05/13/2026 4:05:05 PM PDT by CFW
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To: CFW

Because they are communist.


9 posted on 05/13/2026 4:06:01 PM PDT by wildcard_redneck ( Neocons in love with the Ukraine War hate how long the Iran War is taking.......... )
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To: CFW

That is funny since the Bass Pro/Cabelas credit card is a Capital One. How does that work?


10 posted on 05/13/2026 4:13:20 PM PDT by madison10
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To: CFW

Yes, Sometimes you have to use cash & carry. Cap1 customers can use their Credit Card or bank account to make a cash withdrawal to buy firearms and ammunition without the hassle of Cap1 knowing. The laws about discrimination are about race, nationality, religion or queers. So they don’t apply to gun sales unless Cap1 says you are black and can’t use our Credit Card.


11 posted on 05/13/2026 4:20:24 PM PDT by Pol-92064 (tax)
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Why Does Capital One Consider Lawful Gun Sales to be a ‘Prohibited Industry’?

Because they haven't been sued enough yet.
Considering the Justice Department is suing states for violating our second amendment, it wouldn't surprise me if they go after these banks as well.
Be hilarious if their precious FDIC was pulled over this crap.
12 posted on 05/13/2026 4:26:49 PM PDT by RandallFlagg (Democrats should have been barred from elections since The Battle Of Athens.)
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To: CFW

Yeah, my wife had the bank cancel her debit card due to buying ammo in Colorado. It really was a pain because she everything on autopay with it and it took months to straighten out.


13 posted on 05/13/2026 4:45:22 PM PDT by ChinaGotTheGoodsOnClinton (You can vote totalitarians in but you can never vote them out...)
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To: CFW

They’re also taking over Discover, which is annoying & worrisome. I have cards from each of them because I like to diversify my CC usage. Now I’ll have 2 cards from the same bank which I don’t need or want. 😖


14 posted on 05/13/2026 4:45:58 PM PDT by Prince of Space (I cannot hate the media enough!)
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To: CFW

Just wrong.


15 posted on 05/13/2026 4:51:58 PM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: CFW
Jonathan Bennett, owner of United Gun Shop is in good company. The President is suing JP Morgan for the same thing.

https://www.reuters.com/business/finance/trump-sues-jpmorgan-chase-ceo-dimon-over-alleged-political-debanking-fox-2026-01-22/

Jan 22 (Reuters) - U.S. President Donald Trump filed a $5 billion lawsuit against JPMorgan Chase (JPM.N), opens new tab and its CEO Jamie Dimon on Thursday, accusing them of debanking him by closing several of his accounts to further a political agenda.

The lawsuit, filed in a Florida state court in Miami-Dade County, accused the largest U.S. bank of violating its own policies by singling out Trump to ride the "political tide."

That was four months ago.

16 posted on 05/13/2026 5:46:47 PM PDT by MurrietaMadman (The Gates of hell shall not prevail against you)
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To: Prince of Space

Yeah.....discover card?!! The utility company won’t take it
The cable company won’t take it

Sooo, ‘electronic check’! No posting time to wait to be processed


17 posted on 05/13/2026 10:03:32 PM PDT by Terry L Smith
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To: madison10
That is funny since the Bass Pro/Cabelas credit card is a Capital One. How does that work?

That was the first thing I thought of.. Huh. Maybe they think it's just a fishing store?
18 posted on 05/13/2026 10:28:15 PM PDT by Svartalfiar (-)
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To: CFW

Capital One is a scumbag company. They have a blatant racist Samuel Jackson as a brand ambassador. He held people hostage when he was in college, one of his hostages being Martin Luther King, Sr. who almost died because of it. Jackson was also part of a credit card theft operation, and money obtained by it would be used to arm revolutionaries in the U.S. He would be barred from even being a bank teller, but Capital One thinks he should be the face of the company or one of them, anyway.


19 posted on 05/13/2026 11:30:20 PM PDT by FreedomForce
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To: CFW

AI gave me some inaccurate information about Jackson. He wasn’t arrested or convicted of financial crime, so he wouldn’t be banned from being a bank teller.

However, most of what i posted was correct:
“While Samuel L. Jackson himself was never personally convicted or arrested for credit card theft, he was heavily involved with a faction of the Student Nonviolent Coordinating Committee (SNCC) that engaged in those exact tactics.During the summer of 1969, following his suspension from Morehouse College, Jackson became deeply embedded as a volunteer for SNCC at the Rap Brown Center in Atlanta. This period marked a massive pivot for the organization and its affiliates, moving away from nonviolent integration and toward militant Black Power.How the Operation Worked:The Funding Tactic: To fund their operations without relying on the establishment, certain radical cells within the movement utilized stolen or fraudulent credit cards—frequently targeting white individuals—to purchase supplies, food, and stockpiles of ammunition.Arming for Revolution: Jackson has openly admitted that during this period, he and his peers were actively stockpiling weapons and preparing for what they believed was an inevitable, armed ideological struggle against the United States government.”


20 posted on 05/13/2026 11:44:05 PM PDT by FreedomForce
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