OpenSecrets’ ‘Federal Lobbying’ tool, developed by the Centre for Responsive Politics, provides comprehensive data on lobbying activities in the US. This tool tracks spending by companies, industries, and interest groups, highlighting their influence on legislation and policy development.
The target audience includes finance professionals, policymakers, researchers, and the public. It is particularly useful for those involved in governance, compliance, and risk management roles within the financial sector.
For finance professionals, this tool offers valuable insights into how various sectors are attempting to shape policy outcomes, which may affect regulations, market trends, or industry standards. By analysing this data, finance professionals can anticipate regulatory changes, evaluate political risks, and make informed investment decisions based on the extent of lobbying by specific sectors or organisations.
The tool presents data in an accessible format, offering breakdowns of lobbying expenditures by sector, company, or lobbyist. It also provides information on the issues being lobbied, offering a clearer picture of industry priorities and the potential impact on the financial sector.