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The number of big bank Washington lobbyists is the highest since the 2007-09 global financial crisis, driven by hiring among midsize lenders which are facing new rules and tougher oversight after last...

The number of big bank Washington lobbyists is the highest since the 2007-09 global financial crisis, driven by hiring among midsize lenders which are facing new rules and tougher oversight after last year's turbulence, new lobbying data shows. At the end of 2023, 486 federal lobbyists were working on behalf of banks with $50 billion or more in assets and seven trade groups, according to a Reuters analysis of data provided by OpenSecrets, a nonpartisan political transparency group. Reuters analyzed OpenSecrets figures for 2008 to 2023, finding the most recent numbers were the highest fo...

The number of big bank Washington lobbyists is the highest since the 2007-09 global financial crisis, driven by hiring among midsize lenders which are facing new rules and tougher oversight after last year's turbulence, new lobbying data shows. At the end of 2023, 486 federal lobbyists were working on behalf of banks with $50 billion or more in assets and seven trade groups, according to a Reuters analysis of data provided by OpenSecrets, a nonpartisan political transparency group. Reuters analy

Shein, an online discount clothing retailer whose labor practices in China are being questioned by U.S. lawmakers, spent $600,000 in the second quarter in lobbying on Capitol Hill, its first filings of such registrations showed. The outlay by Singapore-based Shein, launched in China in 2012, shows its moderate spending strategy to influence lawmakers on the Hill, said Daniel Auble, a senior researcher at the nonprofit Center for Responsive Politics, which tracks political giving and lobbying. In