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Sen. Elizabeth Warren

Democrats press Biden regulators on merchant gun codes

Democratic lawmakers led by Sen. Elizabeth Warren (D-Mass.) and Rep. Madeleine Dean (D-Pa.) called on the Biden administration’s regulators to pressure financial firms into fully implementing new merchant codes for gun purchases.

This may be the hottest culture war flashpoint for the financial sector today, and it’s a fight payment firms have been anxious to avoid. Sorry, folks.

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