Wells Fargo spends more on lobbying from its Washington office than any rival, paying millions of dollars to influence mortgage rules, just as the San Francisco-based lender extends its lead in the market for home loans, according to The Financial Times.
Last year Wells spent $7.8 million on in-house lobbyists compared with $7.4 million at JPMorgan Chase, a larger bank by assets, according to congressional filings.
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