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 banks 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 Fargos 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 ...
But they still have the “NO GUNS” sign on the doors.
That only works in one direction, so far at least.
It is race related. All races purchase guns.
Wells Fargo has had plenty of problems and lost customers recently.
Curious: Has Bank of America removed all firearms from all of their guards and armored trucks?
I had a similar experience only it was Bank of America.
Your experience was what I experienced only it was on my house. They about put me into foreclosure. I paid off the loan 3 years later early and have refused to do business with BoA ever since.
They put me through 4 months of hell and never apologized or admitted what they did was wrong.
Good for Wells Fargo... I been with them when they bought the bank that bought the bank that bought my bank...
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