The Justice Department has announced a proposed rule that makes a license mandatory for gun dealers to sell firearms and requires officers to complete the background checks on buyers.
The detailed rules, released by the Justice Department, would clarify the circumstances in which a person is "engaged in the business" of dealing in firearms and thus required to obtain a license and run background checks.
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Political News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.