Trump Jr. Stake Could Benefit From ATF Proposal to Ship Guns Home
The proposal would allow licensed dealers to ship firearms after online checks, a change ATF says could save consumers $103.7 million a year.
- The Trump administration's Bureau of Alcohol, Tobacco, Firearms and Explosives proposed a rule allowing direct-to-home firearm shipping, potentially benefiting GrabAGun, an online retailer where Donald Trump Jr. serves as shareholder and board member.
- Currently, federal rules require in-person background checks and store pickups for firearm purchases. The proposed rule would permit licensed dealers to ship firearms directly to in-state residents after online identity verification and a seven-day waiting period.
- Trump Jr. holds a 1.1 percent stake in GrabAGun, which reported $100 million in revenue. His more than 300,000 shares are worth more than $700,000, though the company's stock has dropped 85% over the past year.
- While the ATF projects the change could save consumers $103.7 million annually in processing time, gun shop owners warn direct shipping poses security risks and threatens small dealers relying on $30 transfer fees.
- Public comment on the proposal closes in early August, with finalization potentially delayed until late 2026. The White House stated it had no record of any interaction with the President's son regarding this policy.
36 Articles
36 Articles
‘The Amazon of Guns’: Trump aims to ease firearm regulations; Don Jr.’s firm could reap millions
The Trump administration is proposing one of the biggest changes to U.S. firearm regulations in decades and it's already sparking intense debate.The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) has proposed allowing licensed gun dealers to ship firearms directly to buyers' homes within the same state, provided customers complete online identity verification, pass a background check, observe a seven-day waiting period, and local law …
The online retailer GrabAgun relies on planned loosening of US weapons rules. Donald Trump Jr. is on the board and holds 1.1 percent of the company. Ethics guards see warning signals. An analysis.
A billion-dollar market, a politically sensitive bill – and in the midst of it the son of the US President: Donald Trump Jr., because of his involvement in the online gun dealer GrabAgun, is at the center of a frantic debate, which provides ignition in Washington.
Gun Sales Go Digital: GrabAGun Aims to Lead Online Firearms Market with Trump Jr's Help
Donald Trump Jr is facing renewed scrutiny from ethics watchdogs over his commercial ties to GrabAGun, a Texas-based retailer aiming to transform online gun sales. The President's eldest son, who serves on the company's board and holds a 1.1 per cent stake, finds his business interests under the spotlight as the administration evaluates significant federal firearm reforms. While the White House maintains that policy decisions are entirely separa…
Junior To Profit From Rule Allowing Mailing Of Guns
The Washington Post reports: On an earnings call in May, GrabAGun’s chief executive had a hopeful message for investors: The Trump administration’s proposed rollback of gun regulations could be a boon to the company, which hopes to be “the Amazon of guns.” “This could be the most significant change to firearms retail distribution in decades,” Marc Nemati said, according to a public recording of the call. “GrabAGun is uniquely positioned for this…
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