Gun collectors, beware. Certain Members of Congress believe if an individual buys too many guns, too much ammunition or too many accessories, that person is a potentially dangerous criminal or a “domestic terrorist.”
They also want banks to tell on anyone who might be buying too much.
U.S. Sen. Ed Markey (D-Mass.) and U.S. Reps. Madeleine Dean (D-Pa.), and Jennifer Wexton, (D-Va.) introduced The Gun Violence Prevention Through Financial Intelligence Act, H.R. 5764, in the U.S. House of Representatives and in the U.S. Senate as S. 3117. The legislation is troublesome because the politicians authoring it pitch it as a means to detect and prevent those who might be planning to commit an atrocity or terror attack. The bill is fraught with civil liberty violations and not just those freedoms protected by the Second Amendment. Privacy rights – specifically those related to finances – would go by the wayside.
The bill would require the Treasury Department’s Financial Crimes Enforcement Network (FinCen) to give guidance to banks so they can report “suspicious financial activity.” According to Sen. Markey, this undefined suspicious financial activity could be a warning sign an individual is planning a horrific crime or terror event.
“We cannot allow banks and financial institutions to turn a blind eye as shooters bank a pile of guns and ammunition in a lead up to an attack,” Sen. Markey said in a press statement. “The Gun Violence Prevention Through Financial Intelligence Act will give us the guidance on how these institutions can help pinpoint and prevent gun violence across the country.”