The Bureau of Alcohol, Tobacco, Firearms and Explosives' (ATF) "Operation Fast and Furious" sold thousands of assault rifles and revolvers to traffickers suspected of being linked to Mexican drug cartels.The operation's goal was to unearth and dismantle illicit firearms trafficking routes between the U.S. and Mexico by tracking the weapons, but officials poorly monitored their movement and the majority of the weapons went missing.
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Obama has said neither he nor Attorney General Eric Holder had approved the operation and that "appropriate actions" would be taken after the investigation is complete.
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