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The Associated Press September 20, 2010, 6:51PM ET

Banking group spent $400,000 lobbying

The Consumer Bankers Association, which focuses on retail banking, spent $400,000 lobbying the federal government in the second quarter about credit card regulations and other issues, according to a disclosure report.

The trade group also lobbied the government on student lending, regulatory changes, mortgages and bank overdraft programs.

That spending was higher than the $360,000 the association spent a year earlier and than the $390,000 it spent in the first quarter this year.

In April through June, the group lobbied contacts in the House, Senate, Federal Reserve, Treasury Department and other agencies, according to a form the group filed with the House public records office July 23.

The latest lobbying activities came in the months leading up to President Barack Obama's signing of a law that overhauls the financial regulatory system. That law also created a bureau within the Federal Reserve that will police most financial products marketed to consumers.

Lobbyists are required by law to disclose activities that could influence members of the executive and legislative branches.

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