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Federal Lobbying Data · Senate LDA Filings · Updated Quarterly
LobbySpend

Bank of America

Finance & Banking · Lobbying Client

Reviewed by LobbySpend Editorial Team · Updated
B
Influence Score
63/100
High Influence
$17.0M
Total Lobby Spend
5
Policy Issues
11
Lobbyists
5
Revolving Door

Bank of America's Federal Lobbying Record

At $17.0M in disclosed federal lobbying, Bank of America ranks as a major spender — well above the typical filer. Outlays in this range generally reflect a sustained presence in Washington, with at least one full-time government affairs lead and a stable of outside lobbyists engaged on the organization's priority issues.

Across the 5-year window from 2020 to 2024, Bank of America's annual disclosed lobbying spend has held roughly steady — $3.2M at the start versus $3.2M at the most recent year-end. Year-to-year wobbles inside that range usually reflect timing of legislative cycles rather than a strategic shift.

Bank of America's disclosed lobbying covers 5 general issue areas — a moderate footprint. Filers in this range tend to engage on a coherent cluster of related topics rather than spreading effort across the federal agenda.

5 of 11 lobbyists reported by Bank of America (45%) disclose prior federal government service. That share is common at established government affairs operations that explicitly hire from agency and committee staff.

Among the named bench, lobbyists with disclosed prior federal service include Anthony R. Moore (Former Deputy Secretary of Defense); Susan K. Lopez (Former Legislative Director, U.S. House of Representatives); Heather A. Podesta (Former Chief Counsel, House Ways & Means Committee). The covered-position field on LDA cover sheets captures executive-branch and senior congressional roles held within the prior two years.

Within the Finance & Banking sector, Bank of America ranks #5 of 27 tracked organizations by disclosed lobbying spend. The sector leader is American Bankers Association at $43.0M; the sector average is $11.3M. Bank of America's $17.0M sits 51% above the sector average.

Bank of America's LobbySpend Influence Score of 63/100 (grade B) reflects significant federal lobbying reach. The score blends disclosed total spend, issue breadth, and revolving-door connections — lobbyists with prior federal government service. A B-grade typically means the organization is well above average on at least two of those three signals, with sustained activity over multiple years rather than a one-off spike.

Every figure above is sourced from Senate lobbying disclosure filings submitted under the Lobbying Disclosure Act of 1995. Per-issue dollar splits and covered-position flags are filer-reported and may be amended after initial submission.

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Annual Lobbying Spend

Policy Issues

Government Entities Contacted

Office of the U.S. Trade Representative
Dept of Energy
Dept of Defense
Dept of Health & Human Services
Federal Trade Commission
Securities & Exchange Commission

Recent Filings

PeriodRegistrantIssuesLobbyistsAmount
2024 Oct-DecVan Scoyoc Associates
HOUFINBAN
1$820K
2024 Jul-SepWilliams & Jensen
TAXGOVBAN+1
4$752K
2024 Apr-JunInvariant LLC
HOUBAN
1$957K
2024 Jan-MarK&L Gates
TAXBANGOV+1
1$721K
2023 Oct-DecHolland & Knight
FINTAXGOV+1
1$919K
2023 Jul-SepDLA Piper
HOUFINBAN+1
1$900K
2023 Apr-JunBrownstein Hyatt Farber Schreck
HOUBANTAX+2
2$907K
2023 Jan-MarPrime Policy Group
BANHOU
3$959K

Bank of America Lobbying FAQ

Bank of America has spent $17.0M on federal lobbying across 5 policy areas. This includes spending on registered lobbyists and direct government contacts.

Bank of America lobbies on 5 policy issues, including Banking, Financial Institutions, Taxation, Housing. These disclosures are filed quarterly with the Senate Office of Public Records.

Bank of America has an Influence Score of 63/100 (Grade B). This proprietary score is based on total lobby spend (40%), policy issue breadth (30%), and revolving door connections (30%).

Bank of America employs 11 registered lobbyists, of whom 5 have revolving door connections, meaning they previously held government positions before becoming lobbyists.

Bank of America has contacted 6 government entities as part of their lobbying activities, including Office of the U.S. Trade Representative, Dept of Energy, Dept of Defense.

Sources: Senate Office of Public Records (LDA), OpenSecrets.org
Last updated:

Lobbying data is sourced from quarterly Lobbying Disclosure Act (LDA) filings with the Senate Office of Public Records. Influence Scores combine total spend (40%), issue breadth (30%), and revolving door connections (30%). Filings may be amended after initial submission.