Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

U.S. House panel seeks gun marketing, sales data after shootings

Published 05/27/2022, 10:50 AM
Updated 05/27/2022, 06:33 PM
© Reuters. FILE PHOTO: A man auctions off a Daniel Defense rifle during the National Rifle Association (NRA) annual meeting in Indianapolis, Indiana, U.S., April 27, 2019.  REUTERS/Lucas Jackson

WASHINGTON (Reuters) -The U.S. House of Representatives' oversight panel called on five gunmakers to hand over details on the manufacturing, marketing and sales of firearms used in mass shootings, the committee's chairwoman said on Friday following recent attacks.

House Oversight Committee Chairwoman Carolyn Maloney requested the data in letters sent Thursday to Daniel Defense, Bushmaster, Sig Sauer, Smith & Wesson Brands Inc and Sturm, Ruger & Company Inc, she said in a statement.

"I am deeply concerned that gun manufacturers continue to profit from the sale of weapons of war," congresswoman Maloney wrote, citing the AR-15 semi-automatic rifles used in this week's shooting at an elementary school in Uvalde, Texas, and at a grocery store in Buffalo, New York, 10 days earlier.

None of the five gun manufacturers immediately responded to a request for comment on the House panel's request.

An 18-year-old gunman killed 19 children and two teachers at the school on Tuesday. Ten people were killed by a white supremacist at the supermarket a predominantly Black neighborhood in the city in western New York on May 14.

Polling shows a majority of Americans support moderate or strong regulation of gun ownership, but some lawmakers have suggested they would not back any legislative fixes.

Gun safety advocates are pushing Democratic President Joe Biden to take stronger action on his own to curb gun violence following the deadliest school shooting in nearly a decade, but the White House has said Congress must pass laws to have more impact.

© Reuters. FILE PHOTO: A man auctions off a Daniel Defense rifle during the National Rifle Association (NRA) annual meeting in Indianapolis, Indiana, U.S., April 27, 2019.  REUTERS/Lucas Jackson

Senate Judiciary Chairman Dick Durbin separately said his committee would hold a June 15 hearing focused on gun violence and children, noting government data released this week showing guns were now the leading cause of death among U.S. youth.

Researchers at the University of Michigan, Ann Arbor, also found more children and teenagers in the United States are now killed by guns, surpassing any other cause of death, in an analysis based on U.S. Centers for Disease Control and Prevention mortality data and published in the New England Journal of Medicine.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.