Description
Using our intelligently designed and intuitive dataset, you can quickly understand how Prudential Financial, Inc. (PRU) 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 Prudential Financial, Inc. (PRU) lobbying for?
Summary of the lobbying data:
Prudential Financial, Inc. hired six lobbying firms – Mindset Advocacy, Public Strategies Washington, Bgr Government Affairs, Cypress Advocacy (formerly known as BGR Government Affairs), The Raben Group, Inc., Llc, and Steptoe & Johnson Llp – over the last 10 lobbying contracts. They lobbied on general issues related to Financial Institutions/Investments/Securities, Retirement, Taxation/Internal Revenue Code, and Insurance. The specific issues they lobbied on included tax issues related to the life insurance industry and ongoing monitoring of legislative proposals related to paid family and medical leave. They also lobbied on issues related to retirement security and proposals to enhance and improve retirement savings, including legislation to enhance retirement plan options and monitor legislative proposals relating to data privacy and security in the retirement insurance industry. Additionally, they lobbied on issues related to federal involvement in insurance regulation and provided strategic counsel and advocacy on issues impacting life insurance products and investing in financial solutions generally. Prudential Financial, Inc. lobbied government agencies such as the Senate, Securities & Exchange Commission (SEC), House of Representatives, and Federal Reserve System.
One could infer that Prudential Financial, Inc. is lobbying on these issues to protect their interests and safeguard their position in the financial and insurance industry. They want to ensure that regulatory policies and legislation related to taxation, retirement, and insurance do not impact their profitability and business operations negatively. Additionally, they are monitoring proposals related to data privacy and security in the industry to safeguard their clients’ privacy and security. The company is also lobbying on issues related to federal involvement in insurance regulation to maintain their control over their operations in the industry.