National Rifle Association (NRA)

Dick's destroyed $5 million of assault weapons after storewide ban

Dick's Sporting Goods storefront
Dick's Sporting Goods. Photo: Diana Haronis/Getty Images

Dick's Sporting Goods turned nearly $5 million worth of guns into scrap metal rather than sending them back to manufacturers after the company restricted the sale of military-style guns starting in 2018, reports the Washington Post.

The big picture: A collection of corporate executives have been at the forefront of the national gun debate, with Dick's CEO Ed Stack often taking the lead, even as the NRA and Republican lawmakers criticized the company's policies. Stack has made changing Dick's gun policies a focal point of his role, per the Post

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Senate Democrats refer NRA for IRS investigation into Russia ties

Chuck Schumer watches as Ron Wyden raises his hand while giving a speech.
Photo: Chip Somodevilla/Getty Images

Senate Majority Leader Chuck Schumer (D-N.Y.) and Finance Committee chair Ron Wyden (D-Ore.) on Wednesday formally requested that the IRS investigate the National Rifle Association for potential violations of tax law related to its interactions with Russian nationals.

The big picture: A report by Democrats on the Senate Finance Committee alleged that the NRA acted as a Russian asset in 2016 by offering a promise of access to elected U.S. officials in exchange for business deals. The revelations raise questions about whether the NRA could lose its tax-exempt status, as tax exempt organizations are not allowed to use funding to personally benefit their officials or for actions significantly outside their stated mission.

Go deeper: The findings from Senate Democrats' report on the NRA