February 14th 2021, President Biden announced his gun reform plan which, if approved by congress, could cause gun manufacturers to go out of business and more.
Biden said, “This Administration will not wait for the next mass shooting to heed that call. We will take action to end our epidemic of gun violence and make our schools and communities safer. Today, I am calling on Congress to enact commonsense gun law reforms, including requiring background checks on all gun sales, banning assault weapons and high-capacity magazines, and eliminating immunity for gun manufacturers who knowingly put weapons of war on our streets. We owe it to all those we’ve lost and to all those left behind to grieve to make a change. The time to act is now.”
For President Bidens intire press release- CLICK ON THE LINK