ATF Withdraws Proposed Gun Regulation Manufacturers Say Would Cost Industry $2 Billion After Pressure from Lawmakers

The Bureau of Alcohol, Tobacco, Firearms and Explosives, under pressure from dozens of congressmen, withdrew guidance on a proposed regulation that gun industry leaders warned would cost them billions.

The ATF’s decision to pull its regulation regarding pistol braces follows a cooperative effort from 90 House of Representatives members who demanded the regulatory agency cease its “alarming” determination that “could turn law-abiding gun owners into criminals overnight.”

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