Select Page

Biden Plans Thursday Executive Action On Guns

Biden Plans Thursday Executive Action On Guns

Biden Plans Thursday Executive Action On Guns

Shares in gun stocks temporarily spiked higher on Wednesday after Politico reported that President Biden is set to unveil a ‘long-awaited executive action on guns,’ which is expected to include background checks for owners of so-called ghost guns – which are typically homemade or makeshift firearms that lack serial numbers.

Other components of the executive action(s) are unclear – however some have speculated that Biden will announce regulations on ‘concealed assault-style firearms,’ as well as prohibitions on purchases for those convicted of domestic violence against their partners. There will also likely be federal guidance on home storage safety measures.

Last week over 100 House Democrats urged Biden to take action on concealed assault-style firearms.

One other announcement Biden could make on Thursday is the introduction of his nominee to be the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, who will play a key role in any executive branch action on guns. His nominee could be tough to get through a Senate split 50-50 between Republicans and Democrats. The ATF has had mostly acting directors since the position became Senate-confirmed. Todd Jones was confirmed as ATF director in 2013 after a years-long stint as acting director.

In response to criticism from gun control advocacy groups that his administration has moved too slowly on executive actions, the Biden White House has responded that legislative fixes are a priority. Biden is likely to make the same point on Thursday, in addition to expressing support for bills to expand background checks and close the so-called Charleston loophole that allows a gun to be transferred from licensed gun dealers before a completed background check. He also is likely to push for legislation to keep guns away from people believed to be a danger to themselves or others, as well as a ban of assault weapons and high capacity magazines. –Politico

On the news, shares in Smith & Wesson and Ruger spiked before quickly erasing gains, perhaps because of the vague details contained in the report.

Tyler Durden
Wed, 04/07/2021 – 12:31


This post has been republished with permission from a publicly-available RSS feed found on Zero Hedge. The views expressed by the original author(s) do not necessarily reflect the opinions or views of The Libertarian Hub, its owners or administrators. Any images included in the original article belong to and are the sole responsibility of the original author/website. The Libertarian Hub makes no claims of ownership of any imported photos/images and shall not be held liable for any unintended copyright infringement. Submit a DCMA takedown request.

-> Click Here to Read the Original Article <-

About The Author

Tyler Durden

Zero Hedge's mission is to widen the scope of financial, economic and political information available to the professional investing public, to skeptically examine and, where necessary, attack the flaccid institution that financial journalism has become, to liberate oppressed knowledge, to provide analysis uninhibited by political constraint and to facilitate information's unending quest for freedom. Visit https://www.zerohedge.com

Leave a reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Welcome

Bringing together a variety of news and information from some of today’s most important libertarian thought leaders. All feeds are checked and refreshed every hour and pages auto-refresh every 15 minutes. External images are deleted after 30 days.

Time since last refresh: 0 second

Publish Your Own Article

Follow The Libertarian Hub

 

Support Our Work

Support the Libertarian Hub by tipping with Bitcoin!

Weekly Newsletter

Newsletter Signup

Subscribe to our newsletter to receive a weekly email report of the top five most popular articles on the Libertarian Hub!

Weekly Newsletter SignupTop 5 Stories of the Week

Subscribe to our newsletter to receive a weekly email report of the top five most popular articles on the Libertarian Hub!