Rochester,NY 8/19/2009 1:40:02 AM
News / Business

Wells Fargo & Company.,WFC-Spent $690K lobbying on credit cards, mortgage programs

Wells Fargo & Company

According to a recent disclosure report, Wells Fargo & Co. spent $690,000 in the second quarter to lobby on credit cards, mortgage programs and other issues.

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The bank has been under the government's watchful eye since it has received $25 billion from the $700 billion bank rescue program. Wells Fargo bought Charlotte, N.C.-based Wachovia Corp. last fall at the height of the credit crisis.

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