Reporter Asks W.H. About Obama’s Investment in Gun Makers via Mutual Funds

UNKNOWN REPORTER: "On another topic, there is a story about mutual fund investment and it revealed that President Obama has a stake in gunmakers indirectly through — how does the president feel about the fact that all of these mutual funds and other investments are being made into gun companies? They have become profitable during his administration. It is something that you have given any thought about? Is it difficult for people who want work on controller may be imposed — opposed to the investments because so many mutual funds are involved with these companies?"
EARNEST: "I have not seen that report and I’m not aware of the details of the presidents investment — might be partially invested in a gun manufacturer. I know there has been a grassroots attempt on variety of places including  on college campuses to encourage mutual funds and other institutional investors from investing in gun manufacturers. The president has not hid from a willingness to criticize gun manufacturers. Our focus has been on commonsense things that can be done and we would welcome more support from gun manufacturers for some of the commonsense measures that we advocate. Things like closing the gun show loophole and closing the no-fly no buy loophole and I would allow terrorists to come in and purchase a gun. There are things that we can do. I do not know for have taken a specific position on grassroot efforts, but I will say that the president does believe we are going to receive more passion behind the grassroots movement to bring about change meant income policies."