The National Rifle Association will shut down production of NRATV on Wednesday, according to The New York Times.
Democrats on the House Ways and Means Committee are calling for a probe of the gun rights group after numerous allegations of financial misconduct emerged.
Democrats on the Senate Finance Committee said that the allegations of financial wrongdoing could violate the NRA's nonprofit, tax-exempt status.
New York's Letitia James previously vowed to "use the constitutional power as an attorney general to regulate charities, that includes the NRA, to investigate their legitimacy."
The sudden announcement from North, who has served less than a year as the organization's president after leaving a post at Fox News, came after media reports detailed an alleged attempt by North to extort longtime NRA CEO and Executive Vice President Wayne LaPierre.
"There is nothing toxic about masculinity, but there are plenty of toxic things about third-wave feminism."
His comment was in response to Oliver North equating gun control activists with "civil criminal terrorists" in an interview earlier this week.
Oliver North also compared the plight of NRA leaders to black activists during the civil rights era.
Even liberals could love these suggestions for dealing with the rogue regime from the Iran-Contra figure.
Pleading the Fifth Amendment might not allow Trump's former national security adviser to avoid turning over incriminating documents—about himself and others.