The National Rifle Association on Friday filed for bankruptcy, a sudden development that could help the gun rights group escape a lawsuit by New York's attorney general seeking its dissolution.
The visuals of a defiant Donald Trump—pumping his fist in the air, with blood on his face—being rushed off the stage by the Secret Service after an "assassination attempt" have once again spotlighted rampant gun violence in the United States. This shocking act of political violence is likely to alter the course of November's presidential election by intensifying the debate on controversial gun laws in the US. Hours before the shooting at Trump’s rally, President Joe Biden issued a statement on X, highlighting his stance on gun control in stark contrast to his Republican rival’s position. “I want to ban assault weapons and require universal background checks,” Biden wrote. He added, “Trump promised the NRA that he’d do nothing about guns. And he means it.”
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Jonathan Ernst/Reuters The NRA says it filed for Chapter 11 bankruptcy on Friday. The organization has been beset by financial troubles for years. The NRA is also relocating from New York to Florida..
The National Rifle Association of America (NRA) has filed for voluntary bankruptcy in Texas.
The nation's foremost gun lobby confirmed the announcement on Friday.
According to CNN, the organization..
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![NRA files for bankruptcy [Video]](https://video.newsserve.net/300/v/20210116/2101160107-NRA-files-for-bankruptcy.jpg)
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![National Rifle Association Files For Chapter 11 Bankruptcy [Video]](https://video.newsserve.net/300/v/20210115/1315379561-National-Rifle-Association-Files-For-Chapter-11-Bankruptcy.jpg)
