Gun control advocate Igor Volsky told Hill.TV's "Rising" on Wednesday that friendly policies from the Trump administration haven't done much to help the gun industry or its advocates.

"I think they're certainly not thriving in the Trump era," Volsky told hosts Krystal Ball and Saagar Enjeti, referring to the National Rifle Association (NRA). "The gun industry isn't thriving in the Trump era."

Volsky, the founder of group Guns Down, is promoting his new book, "Guns Down: How To Defeat The NRA And Build A Safer Future With Fewer Guns."

Despite support from the Trump White House, the NRA has faced financial troubles recently.

The group experienced a $55 million drop in annual revenue in annual revenue in 2017 and saw a decline in annual dues contributions from members, which dropped from $163 million in 2016 to just more than $128 million in 2017.

The NRA also revealed in a lawsuit last year that they were facing difficulties after New York state pushed financial institutions to cut business ties with the organization.

Volsky said the NRA's dynamics could change ahead of 2020, when the future Democratic presidential nominee is likely to target it on the campaign trail.

"They don't have a boogyman," he said. "We'll see what happens with the 2020 election, who becomes their boogyman."

— Julia Manchester