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Stockreport

How banks could control gun sales if Washington won’t [CNBC]

MASTERCARD (MA)  More Company Research Source: CNBC
Last mastercard earnings: 7/26 08:04 am Check Earnings Report
PDF show chapters For the past year, chief executives have often talked about the new sense of moral responsibility that corporations have to help their communities and confront social challenges even when Washington won't. In the aftermath of the school shooting in Parkland, Fla., that killed 17 students and staff members — and at a time when Washington shows little interest in limiting the sales of assault weapons — there's a real opportunity for the business community to fill the void and prove that all that talk about moral responsibility isn't hollow. Here's an idea. What if the finance industry — credit card companies like Visa , Mastercard and American Express ; credit card processors like First Data ; and banks like JPMorgan Chase and Wells Fargo — were to effectively set new rules for the sales of guns in America? More from The New York Times: After Florida School Shooting, Russian 'Bot' Army Pounced Tax Overhaul Gains Publ [Read more]

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