Justice Department Drops Appeal in Silencer Shop Case to End ATF Registration

US Politics19 days ago

Solicitor General John Sauer notified Congress that the government will no longer contest a court ruling that prohibits the ATF from requiring members of the Gun Owners of America to register firearm suppressors and short barrels. This decision follows an instruction from President Trump to the Justice Department to abandon its appeal in the case of Silencer Shop v. ATF.

The organization characterized the legal victory as the end of a 100 year infringement on Second Amendment rights. Separately, President Trump signed legislation that eliminates the National Firearms Act tax, reducing the required payment to $0.

Mapped to your portfolio

Possible scenarios

45%Registration Ends Nationwide+0.0%
25%Narrow Settlement Prevails+0.0%
18%Replacement Regulation Arrives+0.0%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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Justice Department Drops Appeal in Silencer Shop Case to End ATF Registration

In this story

United States Department of Justice Bureau of Alcohol, Tobacco, Firearms and Explosives Gun Owners of America Donald Trump Silencer Shop John Sauer

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

45%Registration Ends Nationwide+0.0%
25%Narrow Settlement Prevails+0.0%
18%Replacement Regulation Arrives+0.0%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.