Major credit card companies have announced a new merchant category code that will track the sale of guns and ammunition. The move they say is necessary to stop mass shootings and crack down on gun trafficking. But it's not going to be able to capture gun sales at general retailers like walmart or big sporting goods chains. If credit card companies deem those transactions to be suspect, they'll be reported to local law enforcement.
Major credit card companies have announced a new merchant category code that will track the sale of guns and ammunition, a potential strike among U.S. rail workers further threatens the supply chain, and a fraud investigation and home robbery have made the LA mayor’s race national news. Get the facts first on Morning Wire.