Pitney Bowes: $210,000 spent to lobby health care, postal service and banking laws in 1st qtr
By APTuesday, May 18, 2010
Pitney Bowes spends $210,000 on lobbying in 1Q
NEW YORK — Mail and document-management company Pitney Bowes Inc. spent $210,000 in the first quarter to lobby health on care reform and legislation affecting the U.S. Postal Service and the banking industry.
The figure is a 28 percent decline from the $290,000 the Stamford, Conn.-based company spent on lobbying last year.
Pitney Bowes is regulated by the postal service and lobbies frequently on legislation affecting the federal agency. It lobbied both chambers of Congress as well as the postal service directly during the January-to-March period.
The company also lobbied the House of Representatives and the Senate on health care reform, specifically employee wellness plan issues. It also lobbied on Wall Street reform legislation affecting industrial loan corporations.
Shares of Pitney Bowes rose 21 cents to $23.66 in morning trading Tuesday.
Tags: Corporate Spending, Government Regulations, Industry Regulation, Lobbying, New York, North America, Political Issues, United States