US banking giants boost lobbying efforts to navigate shifting political landscape in Washington
Big banks increased lobbying spending by 12% last year to navigate policy shifts under the Trump administration. They aim to shape rules on capital and crypto.
Insights:
Big U.S. banks, defined as institutions with at least $50 billion in assets, increased their lobbying spending by 12% in 2025 as the industry intensified efforts to influence policy under the administration of Donald Trump donald trump. This surge represents the largest increase for the banking sector since 2011. According to data from OpenSecrets, the rise in spending occurred while regulators and Congress in the US 
US were advancing potentially transformative changes, including an overhaul of capital rules and landmark digital-asset legislation.
US were advancing potentially transformative changes, including an overhaul of capital rules and landmark digital-asset legislation.The spending increase coincided with a period of significant regulatory activity that could materially affect competition across the financial services and digital asset sector. Major institutions involved in this advocacy push included JPMorgan Chase & Co. , Bank of America Corporation , and Morgan Stanley . Other prominent entities participating in the surge were State Street Corporation , The Goldman Sachs Group, Inc. , and The Bank of New York Mellon Corporation , alongside Raymond James Financial, Inc. .
