President Donald Trump was just four days into his second term when he used the world stage to call out American banks for their track record of discriminating against lawful American businesses. That criticism tracks with what numerous businesses in the firearm and ammunition industry have experienced not just over the past four years of the Biden-Harris administration but also going back to the Obama presidency.
While speaking at the World Economic Forum 2025 in Davos, Switzerland, the president didn’t mince words.