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Banking Lobbyists Rally to Battle Clinton, Congress

By: Cushman, John H. | THE JOURNAL RECORD, January 12, 1993 | Article details

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Banking Lobbyists Rally to Battle Clinton, Congress


Cushman, John H., THE JOURNAL RECORD


N.Y. Times News Service

WASHINGTON _ In a striking example of how an interest group can lay the groundwork to influence the government, the banking industry has assembled a powerhouse team to take on the Clinton administration and the new Congress.

The bankers are keenly interested in seeing banking regulations relaxed and in being allowed to branch out across state lines and to compete more directly against securities firms. They are also watching carefully to see if new consumer protections will be enacted.

The industry's biggest lobbying organization, the American Bankers Association, has lined up bankers and lobbyists who have been closely …

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