145 CEOs Sign Letter Demanding Gun Control Legislation
- 145 CEOs signed a letter urging the Senate to take legislative action to prevent gun violence in the United States.
- Major companies whose leaders signed the letter include Twitter, Reddit, Uber, Lyft, Conde Nast, Levi Strauss and more.
- They specifically asked to pass legislation on background checks and red flag laws, and added that doing nothing is “simply unacceptable.”
CEOs Sign Letter
The CEOs of 145 companies signed a letter to the Senate urging them to pass gun control legislation, saying that inaction on the matter would be “simply unacceptable.”
Leaders from companies like Levi Strauss, Uber, Lyft, Conde Nast, Dick’s Sporting Goods, Twitter, Reddit, and dozens of other signed the letter, which was first published by The New York Times Thursday.
The joint message opened by addressing the recent shootings in Dayton, Ohio, as well as El Paso and West Texas. The leaders stressed the necessity of gun laws by noting that over 100 people die as a result of gun violence in the United States every day.
“As leaders of some of America’s most respected companies and those with significant business interests in the United States, we are writing to you because we have a responsibility and obligation to stand up for the safety of our employees, customers and all Americans in the communities we serve across the country,” the letter said. “Doing nothing about America’s gun violence crisis is simply unacceptable and it is time to stand with the American public on gun safety.”
“Gun violence in America is not inevitable; it’s preventable,” the group added.
The letter urges the Senate to “stand with the American public and take action on gun safety” and pass gun control-related legislation. Specifically, the CEOs demands a bill requiring background checks on all gun sales and extreme risk laws, also known as red flag laws.
The business heads cite that 3.5 million gun sales have been blocked since the background check system was established 25 years ago, but that it has not been updated to meet the ways people purchase guns today. The group also claims that states with red flag laws have been able to prevent potential tragedies.
“Perpetrators of mass shootings, school shootings, and hate crimes often display warning signs before committing violent acts,” the letter explains. “Additionally, people who end their life with a gun also often show signs that they are in crisis before they act. Interventions in states with Extreme Risk laws have already prevented potential tragedies. Expanding Extreme Risk laws to enable families and law enforcement nationwide to intervene when someone is at serious risk of hurting themselves or others is critical to preventing future tragedies.”
Who Signed the Letter?
Notable companies who signed the joint statement include Twitter’s Jack Dorsey, and Arianna Huffington, who founded the Huffington Post and signed on behalf of her company Thrive Global. Joshua Kushner also signed for his company Thrive Capital. Joshua Kushner is the brother of Jared Kushner, President Donald Trump’s son-in-law and Senior Advisor.
One of the more vocal leaders who signed the document was Chip Bergh, the CEO of Levi Strauss. According to the Times, he was a major player in getting others to grab their pens.
“To a certain extent, these C.E.O.s are putting their businesses on the line here, given how politically charged this is,” Bergh told the outlet. “Business leaders are not afraid to get engaged now. C.E.O.s are wired to take action on things that are going to impact their business and gun violence is impacting everybody’s business now.”
He also addressed anticipated criticism of the letter.
“This has been spun by the N.R.A. as we’re trying to repeal the Second Amendment,” he said. “Nothing is further from the truth.”
Reactions to Letter
The letter was met with a variety of reactions. John Feinblatt, the president of Everytown for Gun Safety released a statement praising the companies and their executives.
“This diverse coalition of leading companies knows what consumers want and, for the first time, is using its combined clout and knowledge to push for common-sense gun safety legislation,” he said. “This unified corporate action represents a sea change in American culture. The experts on America’s consumers are speaking, and our elected officials should listen.”
NPR reported that the letter had made its way into the hands of senators already. According to their report, Sen. Mitch McConnell (R-KY), who is a prominent figure that gun control activists seek to sway, acknowledged the letter when speaking to reporters.
“What I’ve said consistently is, ‘Let’s see if we can actually make a law here.’ And making a law when you have divided government is challenging. We all have different points of view,” McConnell said.
Notable names missing from the signature spot include tech giants like Apple, Facebook, and Google. Other companies that have taken recent measures of their own also did not sign, including Walmart and Kroger, who both asked customers to not openly carry weapons in their stores. This prompted retailers like CVS and Walgreens to follow suit.
Walmart also penned a letter announcing that it would be limiting the types of ammunition they sell, and called on Congress to act.
“We encourage our nation’s leaders to move forward and strengthen background checks and to remove weapons from those who have been determined to pose an imminent danger,” the company’s CEO, Doug McMillon, wrote. “We do not sell military-style rifles, and we believe the reauthorization of the Assault Weapons ban should be debated to determine its effectiveness.”
See what others are saying: (New York Times) (NPR) (Axios)
Survey and Census Data Shows Record Number of Americans are Struggling Financially
Americans are choosing not to pursue medical treatment more and more frequently as they encounter money troubles.
A recent federal survey shows that a record number of Americans were worse off financially in 2022 than a year prior.
Coupled with recent census data showing pervasive poverty across much of the country, Americans are forced to make difficult decisions, like foregoing expensive healthcare.
According to a recent Federal Reserve Bureau survey, 35% of adults say they were worse off in 2022 than 2021, which is the highest share ever recorded since the question was raised in 2014.
Additionally, half of adults reported their budget was majorly affected by rising prices across the country, and that number is even higher among minority communities and parents living with their children.
According to recent census data, more than 10% of the counties in the U.S. are experiencing persistent poverty, meaning the area has had a poverty rate of 20% or higher between 1989 and 2019.
16 states report at least 10% of their population living in persistent poverty. But most of the suffering counties were found in the South — which accounts for over half the people living in persistent poverty, despite making up less than 40% of the population.
These financial realities have placed many Americans in the unfortunate situation of choosing between medical treatment and survival. The Federal Reserve study found that the share of Americans who skipped medical treatment because of the cost has drastically increased since 2020.
The reflection of this can be found in the overall health of households in different income brackets. 75% of households with an income of $25,000 or less report being in good health – compared to the 91% of households with $100,000 or more income.
See what others are saying: (Axios) (The Hill) (Federal Reserve)
Montana Governor Signs TikTok Ban
The ban will likely face legal challenges before it is officially enacted next year.
First Statewide Ban of TikTok
Montana became the first state to ban TikTok on Wednesday after Gov. Greg Gianforte (R) signed legislation aimed at protecting “Montanans’ personal and private data from the Chinese Communist Party.”
The ban will go into effect on Jan. 1, 2024, though the law will likely face a handful of legal challenges before that date.
Under the law, citizens of the state will not be held liable for using the app, but companies that offer the app on their platforms, like Apple and Google, will face a $10,000 fine per day of violations. TikTok would also be subject to the hefty daily fine.
Questions remain about how tech companies will practically enforce this law. During a hearing earlier this year, a representative from TechNet said that these platforms don’t have the ability to “geofence” apps by state.
Roger Entner, an analyst at Recon Analytics, told the Associated Press that app stores could have the capability to enforce the restriction, but it would be difficult to carry out and there would be a variety of loopholes by tools like VPNs.
Montana’s law comes as U.S. politicians have taken aim at TikTok over its alleged ties to the CCP. Earlier this year, the White House directed federal agencies to remove TikTok from government devices. Conservatives, in particular, have been increasingly working to restrict the app.
“The Chinese Communist Party using TikTok to spy on Americans, violate their privacy, and collect their personal, private, and sensitive information is well-documented,” Gov. Gianforte said in a Wednesday statement.
Criticism of Montana Law
TikTok, however, has repeatedly denied that it gives user data to the government. The company released a statement claiming Montana’s law “infringes on the First Amendment rights of the people” in the state.
“We want to reassure Montanans that they can continue using TikTok to express themselves, earn a living, and find community as we continue working to defend the rights of our users inside and outside of Montana,” the company said.
The American Civil Liberties Union condemned Montana’s law for similar reasons.
“This law tramples on our free speech rights under the guise of national security and lays the groundwork for excessive government control over the internet,” the ACLU tweeted. “Elected officials do not have the right to selectively censor entire social media apps based on their country of origin.”
Per the AP, there are 200,000 TikTok users in Montana, and another 6,000 businesses use the platform as well. Lawsuits are expected to be filed against the law in the near future.
See what others are saying: (Associated Press) (Fast Company) (CBS News)
How a Disney-Loving Former Youth Pastor Landed on The FBI’s “Most Wanted” List
“Do what is best, not for yourself, for once. Think about everyone else,” Chris Burns’ 19-year-old son pleaded to his father via The Daily Beast.
Multi-Million Dollar Scheme
Former youth pastor turned financial advisor Chris Burns remains at large since going on the run in September of 2020 to avoid a Securities Exchange Commission investigation into his businesses.
Despite his fugitive status, the Justice Department recently indicted Burns with several more charges on top of the $12 million default judgment he received from the SEC.
Burns allegedly sold false promissory notes to investors across Georgia, North Carolina, and Florida. The SEC claims he told the investors they were participating in a “peer to peer” lending program where businesses that needed capital would borrow money and then repay it with interest as high as 20%. Burns allegedly also reassured investors that the businesses had collateral so the investment was low-risk.
The SEC says that Burns instead took that money for personal use.
Burns began his adult life as a youth pastor back in 2007 before transitioning into financial planning a few years later. By 2017, he launched his own radio show, The Chris Burns Show, which was funded by one of his companies, Dynamic Money – where every week Burns would “unpack how this week’s headlines practically impact your life, wallet, and future,” according to the description. He also frequently appeared on television and online, talking about finances and politics.
The SEC alleges that he used his public appearances to elevate his status as a financial advisor and maximize his reach to investors.
His family told The Daily Beast that he became obsessed with success and he reportedly bought hand-made clothes, a million-dollar lakehouse, a boat, several cars, and took his family on several trips to Disney World. His eldest son and wife said that Burns was paying thousands of dollars a day for VIP tours and once paid for the neighbors to come along.
Then in September 2020, he reportedly told his wife that he was being investigated by the Securities Exchange Commission but he told her not to worry.
The day that he was supposed to turn over his business documents to the SEC, he disappeared, telling his wife he was just going to take a trip to North Carolina to tell his parents about the investigation. Then, the car was found abandoned in a parking lot with several cashier’s checks totaling $78,000
FBI’s Most Wanted
The default judgment in the SEC complaint orders Burns, if he’s ever found, to pay $12 million to his victims, as well as over $650,000 in a civil penalty. Additionally, a federal criminal complaint charged him with mail fraud. Burns is currently on the FBI’s Most Wanted list.
Last week, the Justice Department indicted him on several other charges including 10 counts of wire fraud and two counts of mail fraud.
“Burns is charged for allegedly stealing millions of dollars from clients in an illegal investment fraud scheme,” Keri Farley, Special Agent in Charge of FBI Atlanta, said in a statement to The Daily Beast. “Financial crimes of this nature can cause significant disruptions to the lives of those who are victimized, and the FBI is dedicated to holding these criminals accountable.”
His family maintains that they knew nothing of Burns’ schemes. His wife reportedly returned over $300,000 that he had given to her.
She and their eldest son, who is now 19, told The Daily Beast they just want Burns to turn himself in, take responsibility for his actions, and try to help the people he hurt.
“Do what is best, not for yourself, for once. Think about everyone else,” Burns’ son said in a message to his father via The Daily Beast.