Items tagged with lobbying

Who spends the most money on Capitol Hill? Wall Street? Silicon Valley? According to one study, Silicon Valley tech titans have a bigger wallet than Wall Street bank bosses when it comes to doling out lobbying money. The five biggest tech companies in the United States -- Google, Facebook, Amazon, Microsoft, and Apple -- spend twice as much on lobbying as the bank industry. The Center for Responsive Politics noted that the five biggest tech companies spent $49 million USD last year on Washington lobbyists, while the five largest banks only $19.7 million USD. Silicon Valley is supplying personnel as well as funds. The Campaign for Accountability noted that just last year, 183 people who previously... Read more...