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Trump Jr. Stake Could Benefit From ATF Proposal to Ship Guns Home
The proposal could send 3.3 million buyers online each year and save consumers $103.7 million, according to ATF estimates.
- 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.
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Trump Jr.-Backed GrabAGun Could Benefit From Major ATF Proposal Allowing Direct Home Delivery of Firearms
Donald Trump Jr., a shareholder and board member of online firearms retailer GrabAGun, could see his investment benefit significantly from a proposed policy change by the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) that would make it easier for licensed gun dealers to ship firearms directly to buyers' homes.
Trump Jr. stands to reap financial windfall with plan to legalize guns-by-mail: report
Donald Trump Jr. has a stake in a company that stands to profit massively from a potential federal rule change by the Trump administration to allow guns to be sold entirely over the internet, The Washington Post reported on Thursday.The issue involves the company GrabAGun, an online firearms retaile...
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Coverage Details
Total News Sources16
Leaning Left5Leaning Right4Center7Last UpdatedBias Distribution44% Center
Bias Distribution
- 44% of the sources are Center
44% Center
L 31%
C 44%
R 25%
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