House Republicans asked credit card CEOs if they are going to support a move to create individual codes identifying gun purchases, making it easier to track individual buyers.
said that "credit card companies must now take the next step and flag suspicious transactions on gun and ammunition sales," earlier this month.
"Of course, there is no accepted, consistent, scientific, or legitimate way to determine from this date what is and what is not a ‘suspicious’ purchase," the House members wrote. "A gun control advocate could view any desire to own or obtain a firearm as per se suspicious. Instead, this is a transparent attempt to chill the exercise of constitutionally protected rights and to circumvent existing legal restrictions on the creation of firearm registries by the government.
However, the CEOs appear to have changed their position after Amalgamated Bank applied for a new MCC in June 2022, according to the letter.
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