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New Gun Control Bill Encourages Financial Institutions to Report 'Suspicious' Firearm Transactions


Active member
Nov 21, 2018
Rep. Jennifer Wexton's (D–Va.) "Gun Violence Prevention Through Financial Intelligence Act" would require the Financial Crimes Enforcement Network (FinCEN) to "request information from financial institutions for the purpose of developing an advisory about the identification and reporting of suspicious activity." The bill's aim is to identify a consistent purchasing pattern among people who buy firearms and firearm accessories in order to conduct "lone wolf acts of terror" and expose how the firearms market in the United States is exploited by would-be mass shooters.

H/T https://trends.gab.com/item/5dd81b2a38b11463e985ea56
Last edited:

color of law

Accomplished Advocate
Oct 7, 2007
Cincinnati, Ohio, USA
The New York Times
reports that Wexton's bill was inspired in part by Times columnist Andrew Ross Sorkin's 2018 investigation on several mass shootings that have happened since the Virginia Tech shooting in 2007. Sorkin's work revealed that in at least eight of the 13 mass shootings that killed 10 or more people within that time span, the perpetrators used credit cards to finance their killing sprees. James Holmes, who killed 12 people at a movie theater in Aurora, Colorado, used a credit card to purchase more than $11,000 worth of guns, grenades, and other military gear prior to his rampage. Omar Mateen, the Pulse nightclub shooter in Orlando, Florida, ran up $26,532 in charges across six credit card accounts in the 12 days leading up to his attack.
I'm confused. There has only been 13 mass shootings of over 10 people in 12 years and only two that spent over $10,000 as FinCEN reporting mandates. So, based on the so called 365 mass shootings a year, equaling 4,380 over 12 years, 2 is a small number.

This will not get to first base.