Lobbying On Financial Reform Stays High In 2011

The Center for Responsive Politics finds that 488 different organizations — including companies, trade associations, and unions — lobbied on the implementation of the Dodd-Frank financial reform law through the first three months of 2011. As the Center noted, “that’s nearly as many organizations that lobbied on it as during the entire year of 2009, when the proposal began coursing its way through Congress.” As we noted in April, Wall Street banks are spending more in 2011 to undermine Dodd-Frank than they spent attempting to shape the law.