Attendees view weapons at the Smith & Wesson booth at the 2015 NRA Annual Convention last April in Nashville, Tennessee.
Karen Bryar | AFP | Getty Images
after releasing the statement Earlier this week, he blamed politicians for the surge in gun violence, Smith & Wesson Chief Executive Mark Smith faces fresh backlash after refusing to testify at a House hearing alongside other arms maker executives.
Smith said on Monday that his company “never backs down in defense of the Second Amendment” and blamed politicians and the news media for the surge in gun violence across the country. The National Rifle Association, the nation’s leading gun advocacy group, posted the full statement on its website. website.
“Many politicians and media lobbying partners have recently tried to discredit Smith & Wesson,” Smith wrote.
Rep. Carolyn Maloney (DNY), chairman of the oversight committee, countered his remarks in a statement to CNBC on Wednesday, accusing him of trying to protect the company’s interests.
“The CEO of Smith & Wesson has refused to testify before my committee and to face the families who have lost loved ones to his company’s weapons of war.” The Commission will not allow Smith & Wesson to evade accountability or obscure the gun industry’s role in fueling the spread of gun violence in our country.”
The Oversight Board has been investigating the American firearms industry. Major gun makers, including Smith & Wesson, have made more than $1 billion in sales of military weapons over the past decade using clever marketing techniques, according to the panel.
“Highland Park, Parkland, San Bernardino, Aurora – all of these mass murders were committed with Smith & Wesson assault weapons,” Maloney said. As the world watches the trauma relived through the trial of the Americans, it is unconscionable that Smith & Wesson still refuses to take responsibility for the sale of the offensive weapons used to massacre Americans. There is none.”
Kyle Rittenhouse also used a Smith & Wesson rifle to kill two people and injure a third during a 2020 protest in Kenosha, Wisconsin. acquitted on the count.
The nonprofit organization Everytown for Gun Safety also criticized Smith’s statement.
Everytown for Gun Safety executive Nick Spurina said, “Smith & Wesson’s bombastic statement and their CEO’s dodging congressional hearings shows they’re scared. is showing.
CNBC reached out to Smith & Wesson for further comment.
In July, the House Oversight Committee Interviews with the CEOs of major gun manufacturers Sturm, Ruger & Co. and Daniel DefenseThey defended their businesses, arguing they should focus on shooters and mental health reform. Smith was also scheduled to appear at the hearing, but only five days earlier, according to the committee. Declined document.
The Commission issued a subpoena to Smith & Wesson for documents related to the manufacture and sale of AR-15 style firearms.
Smith said in a statement Monday that politicians “have spent years slandering, undermining, and underfunding law enforcement and refusing to hold criminals accountable for their actions.” , Smith & Wesson, and other firearms manufacturers predictably emerge from these destructive policies. responsible in some way for the wave of crime committed.”
He did not name any politicians.
Everytown for Gun Safety participated in a 2020 complaint filed with the Federal Trade Commission against Smith & Wesson. The group accused the company of employing unfair and deceptive practices to market the rifle to young male consumers.
“For too long, they have been allowed to sidestep responsibility for their role in the prevalence of gun violence in our country and the atrocities committed with their products. That’s enough,” Spurina said.
Smith & Wesson is scheduled to report its next quarterly results on September 7th. The company’s stock has fallen more than 13% so far this year.