AFP
Posted on 04/16/2018 4:41:47 AM PDT by servo1969
Wells Fargo stemmed the tide of the push for new financial restrictions on gun makers and sellers by stressing that it is not a bank’s job to set U.S. gun policy.
Wells Fargo believes firearm policy is a debate for Congress instead.
According to Reuters, Wells Fargo CEO John Shrewsberry said, “The best way to make progress on these issues is through the political and legislative process. In the meantime, Wells Fargo is engaging our customers that legally manufacture firearms and other stakeholders on what we can do together to promote better gun safety in our communities.”
Wells Fargo’s refusal to place new regulations or stipulations on legal firearm manufacturers represents a break with Citigroup and Bank of America. On March 23, 2018, Breitbart News reported that Citibank now requires customers who own gun stores to stop selling long guns to anyone under the age of 21 and to quit selling “high-capacity” magazines as well.
They also ask gun stores to refuse to sell any gun until an extended background check comes back conclusive, even though federal law recognizes that a federal firearms license holder can legally sell a gun if a check lasts three days and no incriminating evidence against the would-be buyer is found.
Last week, Bank of America made clear they will no longer loan money to manufacturers that make “military-style firearms.”
(Excerpt) Read more at breitbart.com ...
This looks very “Starbucky”.
So WORST Fargo finally got one right?
Hard to have a stagecoach on the logo and not pay homage to the shotgun.
“...place new regulations or stipulations on legal firearm manufacturers represents a break with Citigroup and Bank of America.”
Thought after the gay cake thing it was determined businesses could NOT select who they choose to do or not do business with.
They've been doing it right lately.
![](https://i.imgur.com/zGjO4eR.jpg")
“So WORST Fargo finally got one right?”
No, Starbucks said the same thing and we even gave them an “Open carry day” back in ... what was it.. 2013 ?
Then they turned around and told us to pound sand.
If Christians are required to bake the cake, why aren’t bankers required to make the damn loan?
Wells Fargo is a French word meaning....there is a fee for that.
Race-based redlining is illegal.
Political redlining is not.
Exactly.
Firearms were the only thing that kept them in business, otherwise the old west OUTLAWS would have picked them clean.
Among the other TBTF banks Wells Fargo stands out as a predatory criminal enterprise.
No, they didn't.
From the article;
Wells Fargo believes firearm policy is a debate for Congress instead.
Wells Fargo is on better ground than BOA BUT any debate in congress over "firearm policy" is unconstitutional.
This needs to be strengthened by legislation prohibiting banks and credit cards from becoming politicized. Libertarian objections make no sense when the left is trying to get a stranglehold on our livlihoods.
Thank you Wells Fargo. I’ve been banking there since 1991. You’ll keep my business.
“I’ll take the reins. You take shotgu...er...bucket of rocks.”
Wells Fargo is still shutting down merchant credit card processing accounts for gun stores... this is blatant misdirection by saying they will hold a gun stores money ... they just won’t process credit cards for them
...the bucket of rocks have been deposited at the offices of MSNBC and CNN...
Wells Fargo is the worst bank I have ever dealt with.
I had a truck loan with them once. They called to say I missed a payment. Say what? The wife would sell a kidney before she would be late on a bill. So I call them back and say I have the cancelled check in my hand that you cashed a month ago.
Their response...We don’t care. Wire the money right now or it goes on your credit report. I became impolite after that. I introduced them to some construction guy language. Never heard from them again.
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