Daily Digest

Schumer Urges The NRA Be Investigated For Bankruptcy Fraud

On Sunday, U.S. Senate Majority Leader Chuck Schumer pressed the Justice Department to investigate the National Rifle Association for bankruptcy fraud. The New York Democrat believes that the NRA is financially solvent and that it sought bankruptcy to protect itself from a New York lawsuit.

Judge Harlin Hale rejected the NRA’s bankruptcy filing in May. He said the organization’s filing had been in bad faith, noting that this has not been a traditional bankruptcy case in which a debtor faces financial strains but rather that the NRA wanted to gain an unfair advantage in litigation.

Schumer also pointed to the fact that the organization spent millions of dollars on ads fundraising to undermine the importance of universal background checks. Additionally, he said it spent $250,000 on ads in West Virginia that encouraged people to contact Sen. Joe Manchin (D) and convince him to reject the confirmation of gun control lobbyist David Chipman to lead the Bureau of Alcohol, Tobacco, Firearms and Explosives.

Subscribe to our free weekly newsletter!

A week of political news in your in-box.
We find the news you need to know, so you don't have to.

The NRA filed for bankruptcy protection in January, which was several months after New York Attorney General Leticia James (D) sued the organization. Her objective was to punish the top executives in the organization who used tens of millions of dollars for personal trips and no-show contracts for various associates, among other spending.

Following Schumer’s comments over the weekend, NRA counsel William A. Brewer III said that the New York Democrat was spreading a distorted narrative. He noted that while the bankruptcy filing was rejected in Texas, the court did not find that the NRA acted in necessarily bad faith. Instead, he said that the organization’s intentions have been to provide the best service to its members.

Gabrielle Guz

Share
Published by
Gabrielle Guz

Recent Posts

As Tesla Profits Plummet 71%, Elon Musk Promises To Spend Less Time On DOGE

After Tesla reported that profits had plunged by 71%, CEO Elon Musk vowed to spend…

18 hours ago

After Trump Pulls Her U.N. Ambassador Nomination, Rep. Elise Stefanik Mulls Running For N.Y. Governor

Rep. Elise Stefanik (R-NY) is considering challenging New York Gov. Kathy Hochul in the 2026…

20 hours ago

GOP Rep. Don Bacon Says ‘Amateur’ Defense Secretary Pete Hegseth Should Be Fired: ‘There’s A Meltdown Going On’

Rep. Don Bacon (R-Nebraska) said that President Donald Trump should fire Defense Secretary Pete Hegseth.…

1 day ago

Federal Workers Defy Elon Musk’s ‘What Did You Do’ Weekly Email Mandate

As Elon Musk’s influence in government wanes ahead of his expected departure in May, his…

1 day ago

VIDEO: Climate Activists Spray Paint NYC Tesla Showroom On Earth Day

https://youtu.be/PUp2cFaccAM Members of the Extinction Rebellion activism group defaced the exterior of a Tesla showroom…

3 days ago

Secretary Of State Marco Rubio Announces Plan To Make Huge Cuts To State Department

On Tuesday, Secretary of State Marco Rubio proposed a dramatic overhaul of the U.S. State…

3 days ago