I saw a note that firearm company stocks were up today on rumors of a deal on gun control. What spurred it was a tweet by Sen. Chris Murphy (D-CT) who is one of the most ardent gun prohibitionists in both houses of Congress.
Big news: super close to a bipartisan breakthrough on gun legislation. Stay tuned…
— Chris Murphy (@ChrisMurphyCT) November 15, 2017
This leads to the question as to what gun legislation. Will it be merely a ban on bump stocks, a bill to improve NICS, or is it something more? Therein lies the question and I just don’t have a good answer to that.
I do know that the Senate Judiciary Committee was supposed to hold hearings yesterday on “Firearm Accessory Regulation and Enforcing Federal and State Reporting to the National Instant Criminal Background Check System (NICS).” However, that hearing has now been postponed to December 6th.