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The swarm on Capitol Hill

Bloomberg made this excellent video about the number of lobbyists for the financial services industry… they detail the number of Washington lobbyists that specific firms have covering the Hill… America… are you listening?

  • Citigroup - 46 lobbyists
  • Chamber of Commerce - 46 lobbyists
  • American Bankers Association - 44 lobbyists
  • Prudential -41  lobbyists
  • SIFMA - 36 lobbyists
  • Managed Funds Association - 31 lobbyists
  • Goldman Sachs - 29 lobbyists
  • American Insurance Association - 29 lobbyists
  • Charles Schwab - 28 lobbyists
  • Investment Company Institute - 28 lobbyists
  • Industry total = 1479 lobbyists
  • Consumer total = 58 lobbyists
  • Ratio of 25 to 1
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