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Jeff Riggs, a Montana businessman who owns a small data center, flew to Washington D.C. in November to meet with his U.S. Senator Steve Daines. It was arranged, paid for and scripted by Goldman Sachs as part of the bank's aggressive campaign to water down a proposal to raise capital requirements for big banks. Riggs was one of dozens of small business owners Goldman recruited from all over the country in its battle against the so-called Basel Endgame. ....
Basel Battle: Goldman's Unlikely Foot Soldiers in the Fight Against Bank Capital Hikes usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
US bank lobbyists ranks swell to post-crisis high amid regulatory pushback | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
The number of big bank Washington lobbyists is the highest since the 2007-09 global financial crisis, driven by hiring among midsize lenders which are facing new rules and tougher oversight after last. ....