Rep. Jennifer Wexton pushes banks to help fight gun crime

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More lawmakers are pushing banks to fight gun crime. Watch the SquawkCNBC crew discuss the merits of a planned bill that would require banks to work with the government to report suspicious financial activity related to firearms.

There was a tragic shooting at public high school in California where two students were killed. Rep. Jennifer Wexton is planning to introduce a bill in congress that will require banks and other financial institutions to work with the government to help identify and report suspicious or illegal financial activity related to firearms.

's "Squawk Box" crew discuss.

 

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SquawkCNBC andrewrsorkin - I tend to appreciate and support most views that you express. On this issue, IMHO, you & proposed Wexton Bill are wrong. Even if passed, it’s effectiveness would be about zero. You cannot fix societal issues by simply adding laws.

SquawkCNBC Didn’t see so much discussing as one host shouting down the other host.

SquawkCNBC Far more people are killed by illegals than mass shooters in any give year Did you know these same banks lend $ to help pay the coyotes ? That makes banks accomplices to crime by enabling the lawlessness Why no outrage at this Sorkin?

SquawkCNBC It's is also a way to get into good people's affairs. Gun runners do not use bank accounts you can see. And after your report for sure, they won't. Sorry, the news can be so stupid.

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Rep. Maloney: 'The status quo is broken, and too many people are getting hurt'In the wake of yet another school shooting, Rep. Sean Patrick Maloney (D-NY) joins Andrea Mitchell and shares his frustration with inaction on gun reform. He tells Andrea that he doesn't 'blame people for being upset,' and that 'when we fail to distinguish who is trying to fix it, and who is stopping it, we make it less likely that there will be solutions.' California has: -Effectively no concealed or open carry -Universal Background checks -Gun free zones -'Assault' weapons ban -Ammunition restrictions -Firearm registration -Mag capacity restrictions -10 day waiting period for purchases What needs to break is the NRA and all members of Congress that receive contributions from this satanic organization.
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