Description
Using our intelligently designed and intuitive dataset, you can quickly understand how Blackrock, Inc (BLK) is lobbying the U.S. government, how much they’re spending on it, and most importantly – the bills and specific issues on which they lobby.
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Our lobbying data is collected and aggregated from the U.S. Senate Office of Public Records from 1999-present and is updated on a regular basis. We utilize advanced data science techniques to ensure accurate data points are collected and ingested, match similar entities across time, and tickerize publicly traded companies that lobby.
Our comprehensive and advanced lobbying database is completed with all the information you need, with more than 1.6 million lobbying contracts ready-for-analysis. We include detailed information on all aspects of federal lobbying, including the following fascinating attributes, among much more:
1. Clients: The publicly traded company, privately owned company, interest group, NGO, or state or local government that employs or retains a lobbyist or lobbying firm.
2. Registrants (Lobbying Firms): Either the name of the lobbying firm hired by the client, or the name of the client if the client employs in-house lobbyists.
3. Lobbyists: The names and past government work experience of the individual lobbyists working on a lobbying contract. 3. General Issues: The general issues for which clients lobby on (ex: ENV – Environment, TOB – Tobacco, FAM – Family Issues/Abortion).
4. Specific Issues: A long text description of the exact bills and specific issues for which clients lobby on.
5. Bills Lobbied On: The exact congressional bills and public/private laws lobbied on, parsed from lobbying report specific issues (ex: H.R. 2347, S. 1117, Tax Cuts and Jobs Act).
6. Agencies Lobbied: The names of one or more of 250+ government agencies lobbied on in the contract (ex: White House, FDA, DOD).
7. Foreign Entities: The names and origin countries of entities affiliated with the client (ex: BNP Paribas: France).
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Frequently Asked Questions
What is Blackrock, Inc (BLK) lobbying for?
Summary of lobbying data:
Blackrock, Inc. hired seven lobbying firms to lobby on issues related to retirement, financial institutions/investments/securities, banking, and taxation/internal revenue code. They lobbied on specific issues such as retirement security and savings, regulation of asset management products and activities as systemically important, and regulation of money market funds. They lobbied government agencies such as the CFTC, DOL, Department of Treasury, House of Representatives, SEC, FTC, Senate, EOP, and Federal Reserve System.
Inference:
One could infer that Blackrock is lobbying on these issues to influence regulations and policies related to retirement savings, asset management, and financial stability, which are crucial to their business model. Blackrock is an investment management company and the world’s largest asset manager, with over $7.8 trillion in assets under management as of 2020. Therefore, they are keenly interested in influencing regulations that impact the financial services and asset management industry. They may also be lobbying to promote their financial products and increase investor opportunities.