Here's how the lobbying industry works
14:56
Here's how the lobbying industry works
Oct 5, 2020
CNBCTala Hadavi,Lindsey Jacobson
Lobbying is a huge industry in the U.S. In 2019, around 12,000 registered professionals helped clients spend over $3.5 billion, which seems to pay off. According to one study, for every dollar spent on lobbying and campaign contributions, a corporation can receive up to $760 from the government. Still, lobbying is often criticized and public perception of the practice is low. Opponents say that the industry isn’t adequately regulated, and that the ability to influence policy is in the favor of t
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