Visa and other major credit card companies will start categorizing gun shop sales, a move that has angered Republicans who say it would harm the constitutional rights of gun owners and potentially violate consumer protection and antitrust laws, reports Politico.
“Progressives are already cheering that this will be a huge step forward in monitoring suspicious gun purchases,” Rep. Roger Williams, R-Texas, said in a House hearing on Wednesday. “Anyone who is against the rights of gun owners will want [financial] institutions to flag every single transaction with a gun [code] to law enforcement.”
Generally, firearms retailers have been categorized under more general groups such as specialty retailers or durable-goods sellers. The new code was approved by an international entity that sets standards for the payments industry following pressure from activists who say it will help track suspicious weapons purchases.
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