(AP Photo/File) While the new Constitutional Carry law in Texas has received a lot of attention from the national media this week (almost all of it negative, of course), another piece of legislation signed by Gov. Greg Abbott has quietly taken effect, and its implementation could have a big impact on the bottom line of some of the largest financial institutions in the country.
For several years now, we’ve seen big banks impose restrictions on their relationships with companies in the firearms industry; refusing to do business with firms that manufacture modern sporting rifles or “large capacity” magazines, for instance. […]
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