White House says no to emergency AK-47 regulation

The U.S. agency that monitors gun sales has suffered a setback in its effort to increase scrutiny of the bulk sale of high-powered assault rifles in border state gun shops that are a chief source of weapons smuggling into Mexico. The Bureau of Alcohol, Tobacco, Firearms and Explosives wants to require gun dealers in California, Arizona, New Mexico and Texas to report the sales of two or more rifles to the same customer within a five-day period, similar to a rule that exists for handgun sales. The goal of the plan is to crack down on problem gun dealers and...