Bank of America spent $1.4M on lobbying |
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Published
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Fri, 31 Aug 2007 22:32 |
WASHINGTON (AP) - Bank of America Inc. spent $1.4 million lobbying the federal government in the first half of 2007, according to a disclosure form.The company lobbied on dozens of bills moving through Congress, including legislation to tighten restrictions on mortgage lending to home buyers with weak credit. Lobbyists also promoted the company's views on issues of student loans, credit card fees and security of bank customers' personal information.Under a federal law enacted in 1995, lobbyists are required to disclose activities that could influence members of the executive and legislative branches. They must disclose how much they spent on lobbying during the first six months of each year.Bank of America disclosed its lobbying activity in a form posted online Aug. 14 by the Senate's public records officeBank of America is located in Charlotte, N.C.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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