Trending right now … Bank of America stops lending money to manufacturers of military-style firearms [videos]
Bank of America announced Tuesday that it will stop lending money to gun manufacturers that make military-style firearms for civilian use, such as the AR-15-style rifles.
According to reports, Bank of America had previously helped finance Vista Outdoors and Remington.
By Wednesday morning, the story was the buzz on social media.
Bank of America says it will stop lending to companies that make assault-style guns for non-military purposes https://t.co/XLeTNP7O7w #tictocnews pic.twitter.com/P4v7b7Db3J
— TicToc by Bloomberg (@tictoc) April 11, 2018
“We want to contribute in any way we can to reduce these mass shootings,” Anne M. Finucane, vice chairwoman at the Bank of America
This is significant.
Especially if other banks follow suit. https://t.co/1MP2c00N7K
— Rantt Media (@RanttMedia) April 10, 2018
Also making a splash on social media was a related story that a nationwide teachers union is threatening to leave Wells Fargo if it doesn’t cut all ties with the National Rifle Association and firearm manufacturers.
Teachers union threatens @WellsFargo: ‘Ditch’ NRA or lose our business https://t.co/jVb58gQgtP pic.twitter.com/kkdW2vG01y
— FOX Business (@FoxBusiness) April 11, 2018
.@WellsFargo Resists Pressure to Stop Offering Banking Services to @NRA, Gun Makers (via @WashTimes) https://t.co/oXH5VpGu2F
— NSSF (@NSSF) April 10, 2018