Big bank lobby launches advocacy group
The Financial Services Forum has launched the American Growth Alliance, a 501(c)(4) advocacy group, to promote economic issues with bipartisan support. This new group allows for more opaque donor disclosure compared to traditional PACs. The initiative, led by new CEO Amanda Eversole, marks a shift from the Forum's previous low-profile approach to a more vocal stance on economic policies. Major banks like JPMorgan Chase, Goldman Sachs, and Bank of America are supporters.
American Banker·