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At Long Last, US Is Closing The Gun Show Loophole [Video]

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USA Economy and Markets

The White House on Thursday honored “the will of the vast majority of the American people,” one Democratic lawmaker said, as President Joe Biden announced a final rule closing a loophole that has left tens of thousands of firearms dealers able to sell guns without running background checks on purchasers.

The Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) will require anyone “engaged in the business” of selling firearms for a profit to register as a federally licensed firearms dealer, which will require them to conduct background criminal and mental health checks on their customers.

Previously, dealers who sell guns online, at gun shows, and through private transactions had been required to register with the federal government only if their gun sales were the primary provider of their livelihood—the so-called “gun show loophole,” which allowed roughly 23,000 private sellers in 29 states to conduct their business without determining if buyers had a history of abuse, violence, or mental health struggles.

Sellers …

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