"After the senseless attack in Las Vegas, this proposed rule is a critical step in our effort to reduce the threat of gun violence that is in keeping with the Constitution and the laws passed by Congress", Sessions said in a statement Friday. Now under the law, automatic weapons made after 1986 are illegal under the Firearm Owners' Protection Act, meaning new automatic weapons for civilian use can not be manufactured.
Students, under the banner #NeverAgain, are demanding that Congress pass a law banning assault weapons, halt the sale of high-capacity magazines to restrict access to ammunition and tighten the background check process.
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Session said that under the proposed change to Bureau of Alcohol, Tobacco, Firearms, and Explosives regulations, bump stocks would fall within the definition of a "machine-gun".
"We must do more to protect our children", Trump said then, promising that the school safety would be a top priority for the administration. The shooter in that incident used bump stocks to kill 58 people.
President Trump tweeted his support for the bump stock ban just moments before the Justice Department announcement.
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Weapons classified as machine guns are grandfathered and may be kept if they were legally possessed before the Gun Control Act of 1968 was passed.
President Donald Trump announced on Friday that his administration will issue a new rule banning bump fire stocks, a gun accessory that makes it easier to fire rounds quickly from a semi-automatic weapon, mimicking automatic fire.
Earlier this month, Sessions sent the changed machine gun definition to the Office of Management and Budget, continuing a process that began February 20 when Trump signed an executive order directing Sessions to get the ball rolling on a bump stock ban.
Shares, dollar slip as jitters mount on Fed, trade and tech
ET, the S&P 500 was down 1.44 percent to 2,712.36, having spent the session below its 50-day moving average. The Dow Jones Industrial Average gained 100 points, or 0.4%, to 24,717.
President Trump's Friday tweet also attempted to blame President Obama for having "legalized" bump stocks in the first place, a misleading reference to how the original ATF review of the devices happened during the Obama administration. "We will be ready to defend this regulation if and when, as we expect, the gun lobby challenges it in court". Another review conducted by ATF officials previous year concluded that bump stocks could only be banned by an act of Congress. Sessions apparently hopes to get around that problem by reinterpreting the term "machine gun".