Report: Citigroup CEO Doubles Down on Anti-Second Amendment Regulations

Brandon Oathout of Johnstown, N.Y., attends a Second Amendment rally at the Capitol on Tuesday, May 21, 2013, in Albany, N.Y. A few hundred people gathered for the rally pressing for repeal of the state's new tough laws that were enacted a month after the Newtown, Ct., school massacre. (AP …
AP/Mike Groll

National Center for Public Policy Research’s Justin Danhof claims Citigroup is doubling down on their anti-Second Amendment regulations.

Breitbart reported Citigroup’s anti-Second Amendment regulations on March 23, 2018. Those regulations are meant to control the actions of Citigroup customers involved in the firearms industry.

For example, they bar gun store customers from selling “high-capacity” magazines and require those same stores to refuse long gun sales to 18-20-year-old Americans, even though it is legal to sell guns to 18-20-year-olds. (They also demanded that Federal Firearms License holders end bump stocks sales long before any federal action against bump stocks was taken.)

During an appearance on NRATV’s Cam & Company, Justin Danhof explained that he went to the Citigroup shareholder meeting and allegedly “confronted their CEO” Michael Corbat over the anti-Second Amendment regulations. He asked Corbat to explain how much money investors stand to lose over the regulations.

The CEO said the loses would be “negligible.” Danhof observed that this answer was an admission “there are were companies that were now distancing themselves from Citi, that were no longer going to do business with Citi.”

But Danhof said the CEO said there were also companies who voiced interest being “Citi clients because of [the] anti-Second Amendment policies.”

In other words, some companies fled over the anti-Second Amendment regulations while other companies were attracted by them, and the business from the new companies are what made the losses “negligible.”

Danhof said, “I would like to know who those other companies are, if they exist, because it was a very vague answer.”

AWR Hawkins is an award-winning Second Amendment columnist for Breitbart News and the writer/curator of Down Range with AWR Hawkins, a weekly newsletter focused on all things Second Amendment, also for Breitbart News. He is the political analyst for Armed American Radio. Follow him on Twitter: @AWRHawkins. Reach him directly at awrhawkins@breitbart.com. Sign up to get Down Range at breitbart.com/downrange.

 

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