California to Consider Not Working With Banks That Do Business With Gun Makers
A California state senator introduced a bill last week that would prohibit the state from working with banks that also do business with gun manufacturers.
State Sen. Dave Min (D-Irvine) introduced SB 637 to force banks to make a choice between what he called “blood money offered by the gun industry” and doing business with the state.
The bill “sends a clear message and a strong market signal that the State of California will not, either directly or indirectly, finance gun violence. This bill applies to every aspect of the state’s public finances,” Min wrote Feb. 16 on Twitter. “Unfortunately, the gun violence epidemic is being bankrolled by financial institutions that have turned a blind eye towards the horrors that their investments in the gun industry have created.”…