One of the many ways interested parties can lobby – although it’s not called that – is through advisory board appointments.
Such would seem to be the case with the Investor Advisory Committee on Financial Markets, which advises the Federal Reserve Bank of New York.
As the Wall Street Journal wrote Thursday, a member of the panel led a meeting in September, where participants recommended a joint action with other major central banks to address the European debt crisis.
The Federal Reserve announced such a joint action on Wednesday.
While many communications with the Fed are likely to fall outside the boundaries of registered lobbying, some lobbyist contacts with the central bank are reported to the House and Senate.
Registered lobbyists have contacted the system on behalf of 169 clients this year.
Reports filed in the past month include contacts for the U.S. Chamber of Commerce, McGraw-Hill Companies, the Loan Syndication and Trading Association, Bond Dealers of America and the Credit Union National Association.
Here, from our database, are the top filers in the third quarter of 2011:
|Chamber of Commerce of The U.S.A.||$10,010,000|
|National Association of Realtors||$6,060,000|
|General Electric Company (Including Subsidiaries)||$5,650,000|
|United Services Automobile Association||$2,812,545|
|J.P. Morgan Chase Bank, N.A.||$2,450,000|
|Natl Assn of Manufacturers||$2,320,000|
|American Bankers Association||$1,970,000|
|Financial Services Roundtable||$1,860,000|
|General Motors Company||$1,780,000|
|Ford Motor Company||$1,733,000|
|The Travelers Cos., Inc. and Subsidiaries||$1,390,000|
|Securities Industry and Financial Markets Association||$1,300,000|
|Citigroup Management Corp.||$1,180,000|
|Metlife Group, Inc.||$1,050,000|