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banking lobby
The term **"banking lobby"** refers to the group of organizations, associations, and individuals that represent the interests of banks and other financial institutions. This lobby seeks to influence government policy, regulation, and legislation in ways that favor the banking industry, often through advocacy, political contributions, and interaction with policymakers. It can also refer to the physical lobby area inside a bank building, where customers carry out transactions. The intended meaning depends on context.
US Banks Lobby to Block Coinbase’s National Trust License
Tensions between traditional finance and the crypto industry have deepened as major US banking associations move to block Coinbase’s application for a national trust charter, which would allow the exchange to operate regulated custodial...
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