Using our intelligently designed and intuitive dataset, you can quickly understand how Discover Financial Services, Inc. (DFS) 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 Discover Financial Services, Inc. (DFS) lobbying for?
Summary of Lobbying Data:
Discover Financial Services, Inc. hired the following five lobbying firms: Dla Piper Llp (Us), Llc, Discover Financial Services, Federal Hall Policy Advisors, Kate Moss, Venable Llp. The general issues they lobbied on include Homeland Security, Bankruptcy, Intelligence, Financial Institutions/Investments/Securities, Consumer Issues/Safety/Products, Education, and Banking. The specific issues they lobbied on include Fair Lending for All Act, Build Back Better Act, Veterans and Consumers Fair Credit Act, cyber security, private student lending, Dodd-Frank Act, fair debt collection practices, Fair Credit Reporting Act, rate caps, anti-trust, fees, climate, digital assets, diversity and inclusion, and data privacy and security. They lobbied government agencies such as Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), House of Representatives, Department of Treasury, Natl Economic Council (NEC), Senate, and Federal Reserve System.
One could infer that Discover Financial Services, Inc. is lobbying on these specific issues to influence legislation and regulations that would benefit their business interests in the financial services industry. They are addressing various aspects related to lending including loan underwriting, rate caps, and data privacy to ensure their compliance with the laws and policies enacted by the government agencies. They are also focusing on diversity and inclusion, which reflects their commitment to social responsibility and aligns with their business values. Their lobbying activities also indicate that Discover Financial Services, Inc. is keeping up with the ever-evolving technology and is focused on addressing digital assets and cybersecurity issues.