The ‘swamp’s’ biggest growth industry is lobbying
Summary
Lobbying spending hit new highs during President Trump's second term. This increase is linked to his administration’s wide-ranging tariffs, industrial policies, and regulatory changes.Key Facts
- Lobbying is when individuals or groups try to influence government decisions.
- Spending on lobbying grew to record amounts during President Trump’s second term.
- The rise in lobbying is connected to many new tariffs (taxes on imports).
- Changes in industrial policies under President Trump also led to more lobbying.
- New rules and regulations introduced during this time increased lobbying efforts.
- Companies and interest groups spent more money to try to shape these government changes.
- The growth shows how business and political actions lead to increased lobbying activity.
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