Tag: firearms_industry
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OCC Report Finds All Nine Largest National Banks Had Debanking Policies
Comptroller Jonathan V. Gould says the banks denied or limited services based on political, religious or social views and lawful business activities between 2020 and September 2025, and that the OCC will assess further regulatory changes.
Politics and GovernmentBusinessBankingFederal GovernmentCongressLegalEconomySocial Issues Office of the Comptroller of the CurrencyDebankingJonathan V. GouldAndy BarrCoal industryFirearms industryLexington, KentuckyOffice of the Comptroller of the Currency (OCC)National banksFair access to financial servicesReputation riskExecutive Order
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Commerce Department Streamlines Export Controls for Sound Suppressors
The Department of Commerce will transfer export control authority for certain sound suppressors from the State Department to BIS, effective November 20, 2026. This move aims to streamline regulations, aligning them with existing firearm controls and easing industry compliance.
Politics and GovernmentBusinessFederal GovernmentEconomyTradeLegal Export ControlsSound SuppressorsBureau of Industry and SecurityCommerce Control ListFirearms IndustryNational SecurityJeffrey I. KesslerBureau of Industry and Security (BIS)