Welcome To The Patriot 
The Patriot provides a 5-minute weekly digest of the firearm industry.
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Spotlight
In response to increasing Second Amendment restrictions in Democrat-led states and federal initiatives, the U.S. Concealed Carry Association (USCCA) has significantly enhanced its self-defense liability insurance for members. These enhancements include raising bail bond coverage to $250,000 and providing up to $15,000 for attorney fees against Extreme Risk Protection Orders, also known as “red flag” laws.
Now up to $5,000 is available for sealing or expunging personal records to prevent future discrimination. USCCA’s chairman Tim Schmidt emphasized the importance of these updates in protecting law-abiding gun owners from the potential abuse of red flag laws, which he argues, “strip away our Constitutional rights.”
This move by the USCCA, representing over 825,000 members, shows the growing concern among gun owners regarding the expansion of red flag laws under the current administration.
The Number:
22.3 Million New Gun Owners Since 2020
Since the 2020 election, the firearm industry has witnessed over 22.3 million Americans becoming first-time gun owners, a number equivalent to the population of Florida.
Read More – Buckeye Firearms Association
In-Depth
GOA Champions Second Amendment Rights for Veterans
The House of Representatives has passed H.R. 8580 with a vote of 209-196, incorporating GOA-backed provisions to safeguard tens of thousands of veterans from being unjustly disarmed by the Biden administration’s policies. This move by GOA and its members showcases a pivotal effort to ensure that veterans, who have risked their lives for the nation, are not deprived of their constitutional rights due to bureaucratic overreach.
Read More – Gun Owners of America
Washington State Supreme Court to Review Gun Store Owner’s Legal Challenge
The Washington State Supreme Court is set to hear a pivotal case brought by a Kelso gun store owner, challenging the constitutionality of a state law that bans the sale of large-capacity magazines capable of holding more than 10 rounds. The case stems from two lawsuits involving the sale of high-capacity magazines to undercover state employees, leading to a lower court ruling that momentarily allowed their sale before an emergency stay was issued.
Read More – The Daily Chronicle
Bank of America Revises Firearms Financing Policy
Bank of America has reversed its previous stance of not lending to manufacturers of “military-style firearms,” opting instead for a case-by-case approach with “enhanced due diligence.” This policy shift is seen as a response to legislative actions in Republican-led states like Texas and Florida, which have enacted laws against financial discrimination within the firearms industry.
Highlights
- Federal Force X2 Shorty Wins Product Of The Year: Federal’s Force X2 Shorty shotshells, designed for 12-ga. home defense earned the Golden Bullseye Award for their innovative, soft-recoiling buckshot.
- GOA Stops Schumer’s Anti-Gun Bill: GOA halted Senator Schumer’s attempt to debank the gun industry, preserving the Supreme Court’s pro-gun ruling.
- Gun Sales Decline Ahead of Election: May 2024 recorded 1,089,117 gun-related background checks, a 7.2 percent decrease from the previous year.
- Government Officials Threaten 2A: NRA President Bob Barr identifies government officials’ misunderstanding or disregard of the Second Amendment as the primary threat to gun rights.
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