I want to give you a copy of my license to buy and sell firearms, just so you'll know everything's legal.
"Most of the people, they've already started to buy illegal firearms," he said.
Mr. Powell insisted that they are expected to save their money and buy legal firearms.
"If someone is under investigation for a terrorist act, all the records we have in this country should be checked, including whether they bought firearms."
Mr. Clinton also announced his support for a bill that would ban foreign visitors from buying or carrying firearms.
Individuals buying and selling firearms without a federal license must be doing so from their own personal collection.
A license is required by state law for buying firearms and ammunition.
It will not therefore be possible to use the fund to buy firearms.
Money can be used to buy better firearms and armor.
Those who want to buy firearms must undergo a lengthy background check and interview with the police.