Bank of America plans to stop lending to manufacturers of "military-style firearms" used by civilians, an executive told Bloomberg. "It is our intention not to finance these military-style firearms for civilian use." Finucane said the bank does "have a few manufacturers of military-style firearms." We have let them know that it's not our intent to underwrite or finance military-style firearms on a go-forward basis," she said. Finucane was referring to the AR-15-style semiautomatic rifles produced by gun companies like Remington Outdoor Company.

Source: CNN April 11, 2018 17:25 UTC