The New York Times (NYT) is pressuring credit card giants to monitor customers’ buying habits and blacklist gun purchases.
The Times suggests banks are “unwittingly financing mass shootings” by allowing individuals to use their cards to buy firearms and related accessories’
Two days before Omar Mateen killed 49 people and wounded 53 more at the Pulse nightclub in Orlando, he went on Google and typed “Credit card unusual spending.” Mr. Mateen had opened six new credit card accounts — including a Mastercard, an American Express card and three Visa cards — over the previous eight months. Twelve days before the shooting, he began a $26,532 buying spree: a Sig Sauer MCX .223-caliber rifle, a Glock 17 9-millimeter semiautomatic pistol, several large magazines, thousands of rounds of ammunition and a $7,500 ring for his wife that he bought on a jewelry store card. His average spending before that, on his only card, was $1,500 a month.