{"id":61717,"date":"2016-08-04T17:35:14","date_gmt":"2016-08-04T21:35:14","guid":{"rendered":"https:\/\/www.gunsamerica.com\/blog\/?p=61717"},"modified":"2016-08-04T17:35:14","modified_gmt":"2023-08-20T02:16:53","slug":"wells-fargo-discriminates-hogue-weapons-business","status":"publish","type":"post","link":"https:\/\/gunsamerica.com\/digest\/wells-fargo-discriminates-hogue-weapons-business\/","title":{"rendered":"Wells Fargo Discriminates Against Hogue For Being in \u2018Weapons\u2019 Business"},"content":{"rendered":"<p class=\"p1\">International banking giant Wells Fargo has refused to do business with Hogue, the popular knife, stock, grip and accessory manufacturer, because it is in the \u201cweapons\u201d business, the company disclosed this week.<\/p>\n<p class=\"p1\">\u201cWe were just informed that Wells Fargo Bank would not do business with us, refusing to provide their services based on the fact that we manufacture \u2018weapons\u2019 (aka knives),\u201d Hogue said in a post on Facebook last week.<\/p>\n<p class=\"p1\">\u201cIncredibly, this refusal came after THEY initially pursued us to gain our business,\u201d it continued. \u201cOnce we had decided to go with Wells Fargo, they then pulled the plug saying they could not provide their services since we manufacture weapons.\u201d<\/p>\n<p class=\"p1\">\u201cNeedless to say, we are shocked and confused &#8211; considering their logo is a stagecoach and driver with a shotgun too! We felt we needed to inform the firearm and knife community of this discriminatory stance Wells Fargo has taken. Please share,\u201d it concluded.<\/p>\n<p class=\"p1\">So far there has been no comment from Wells Fargo on its refusal to do business with Hogue. \u00a0The lack of clarification has led some to speculate as to who or what is behind the decision.<\/p>\n<p class=\"p1\">For example, some have raised<a href=\"https:\/\/dailysignal.com\/2014\/09\/25\/gun-shop-owners-longer-hip-square\/\" target=\"_blank\" class=\"clickTracking\" campaign=\"wells-fargo-discriminates-hogue-weapons-business\" title=\"Wells Fargo Discriminates Against Hogue For Being in \u2018Weapons\u2019 Business\"> Operation Choke-Point,<\/a> a program spearheaded by the DOJ in 2013 to counteract fraud, money laundering and terrorism financing by encouraging banks and money lenders to cut ties with companies that may be engaged in nefarious activities.<\/p>\n<p>Ostensibly, the point of the operation is to make it more difficult for bad guys to do business in the marketplace.<\/p>\n<p>But critics of Operation Choke-Point wonder if it\u2019s not just targeting bad guys, but lawful businesses that the Obama administration has a beef with, mainly, firearms and ammunition manufacturers.<\/p>\n<h2>SEE ALSO:<a href=\"https:\/\/www.gunsamerica.com\/blog\/replacing-revolver-grip\/\" target=\"_blank\" class=\"clickTracking\" campaign=\"wells-fargo-discriminates-hogue-weapons-business\" title=\"Wells Fargo Discriminates Against Hogue For Being in \u2018Weapons\u2019 Business\">\u00a0Replacing Your Revolver Grips with Hogue Exotic Hardwood!<\/a><\/h2>\n<p>Could that be what&#8217;s going on here? \u00a0Maybe, maybe not. \u00a0Meanwhile, Hogue has been very appreciative of the response its received from the firearms and blade communities. \u00a0Hogue&#8217;s initial Facebook post was 4,282 times.<\/p>\n<p>&#8220;We&#8217;d like to thank everyone for all of the supportive comments. Overwhelmingly it seems that most people condemn Wells Fargo&#8217;s policy to not process credit card sales of &#8216;weapons&#8217; (knives) on the internet,&#8221; Hogue said on Wednesday.<\/p>\n<p><span style=\"line-height: 1.5\">&#8220;It is our belief that if we were not firmly involved in the firearms industry, selling knives would have been a non-issue&#8230;for <\/span>example,<span style=\"line-height: 1.5\"> if we were strictly a cooking utensil company selling butcher knives. Despite this situation which we feel is unjust and unreasonable, we have been very supported by the knife and firearm communities, and for that we are thankful.&#8221;<\/span><\/p>\n<p>We&#8217;ll keep you posted as this story develops.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>International banking giant Wells Fargo has refused to do business with Hogue, the popular knife, stock, grip and accessory manufacturer, because it is in the \u201cweapons\u201d business, the company disclosed this week. <\/p>\n","protected":false},"author":34,"featured_media":61721,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_specdata_upc":"","_specdata_placement":"","footnotes":""},"categories":[244,7,25,216,240],"tags":[132,617,122],"featured":[],"hunt365":[],"class_list":{"0":"post-61717","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-2nd-amendment-r2kba","8":"category-gunsamerica-authors","9":"category-current-events","10":"category-s-h-blannelberry","11":"category-this-week","12":"tag-buzz","13":"tag-industry-news","14":"tag-r2kba"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Wells Fargo Discriminates Against Hogue For Being in \u2018Weapons\u2019 Business<\/title>\n<meta name=\"description\" content=\"Wells Fargo has refused to do business with Hogue because it is in the \u201cweapons\u201d business, the company disclosed this week.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gunsamerica.com\/digest\/wells-fargo-discriminates-hogue-weapons-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wells Fargo Discriminates Against Hogue For Being in \u2018Weapons\u2019 Business\" \/>\n<meta property=\"og:description\" content=\"International banking giant Wells Fargo has refused to do business with Hogue, the popular knife, stock, grip and accessory manufacturer, because it is in the \u201cweapons\u201d business, the company disclosed this week.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gunsamerica.com\/digest\/wells-fargo-discriminates-hogue-weapons-business\/\" \/>\n<meta property=\"og:site_name\" content=\"Gun Reviews and News | GunsAmerica.com\/Digest\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/gunsamerica\" \/>\n<meta property=\"article:published_time\" content=\"2016-08-04T21:35:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-20T02:16:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gunsamerica.com\/digest\/wp-content\/uploads\/2016\/08\/Hogue-Wells-Fargo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"S.H. 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