Banks Spent A Staggering 2 Billion Dollars On Lobbying During 2016 US Election
Wells Fargo CEO John Stumpf testifies on Capitol Hill in Washington, before the House Financial Services Committee investigating Wells Fargo’s opening of unauthorized customer accounts.
Banks and other financial companies expecting to make more than US$200 billion from anticipated deregulation laws spent record amounts on lobbying in the last election cycle, according to an advocacy group report released Wednesday.
