Sen. Menendez Opposes Proposed Rule That Would Force Financial Institutions to Lend to Gun Industry
December 29, 2020
December 29, 2020
WASHINGTON, Dec. 29 -- Sen. Robert Menendez, D-New Jersey, issued the following news release:
U.S. Senator Bob Menendez (D-N.J.), a senior member of the Senate Banking Committee, sent a letter to Acting Comptroller of the Currency Brian Brooks opposing a proposed rule that would punish specific financial institutions that choose not to lend to the firearm industry. The proposed rule would also prevent banks from adopting similar risk-based policies when assessing other industries. F . . .
U.S. Senator Bob Menendez (D-N.J.), a senior member of the Senate Banking Committee, sent a letter to Acting Comptroller of the Currency Brian Brooks opposing a proposed rule that would punish specific financial institutions that choose not to lend to the firearm industry. The proposed rule would also prevent banks from adopting similar risk-based policies when assessing other industries. F . . .