Wells Fargo doesn’t appear ready to cut off business with gun sellers

Wells Fargo doesn’t appear willing to wade as far as some of its peers into the raging gun-control debate.

CEO Tim Sloan said in an interview earlier this week that while the bank has been in contact with its clients in the firearms industry, he has doubts about whether banks should get more involved.

“I don’t know if Americans, regardless of which side of the issue you might be on, on whether or not folks should own guns or which type they should purchase, do they really want their bank to be making that decision?” Sloan told the Charlotte Observer. “I don’t know if banks or credit card companies or any other financial institution should be the arbiter of what an American can buy.”