Goldman Sachs increases lobbying spending in 1Q
Goldman Sachs Group Inc. spent $1.15 million lobbying the government during the first quarter on issues tied to financial regulatory reform and the housing market, according to lobbying disclosure filings.
The $1.15 million the Wall Street bank spent during the first three months of the year is 72 percent more than it spent during the same quarter last year. It is also 67 percent more than Goldman spent lobbying the government during the final three months of 2009.
Goldman Sachs lobbied Congress, the Commodity Futures Trading Commission and the Export-Import Bank of the United States during the quarter on bank financing, financial regulatory reform, small business lending, mortgage lending, accounting rules, derivatives regulation and international tax rules.
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