Special Report - Why Obama and other gun control advocates own stock in firearms makers


  • World
  • Friday, 05 Feb 2016

Gloria Lincoln-Thompson carries her 9mm Smith & Wesson pistol in her waist band during a rally in support of the Michigan Open Carry gun law in Romulus, in this Michigan April 27, 2014 file photo. REUTERS/Rebecca Cook/Files

WASHINGTON (Reuters) - Barack Obama might seem an unlikely investor in the firearms industry. But the U.S. president, a fierce advocate for gun regulation, has money in a pension fund that holds stock in gun and ammunition companies.

Although Obama’s stake is minuscule, worth no more than $30, it reflects a much larger surge of investment.

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