Facebook Sets Lobbying Record Amid Cambridge Analytica Fallout
- Social media giant spent almost $3.7 million in second quarter
- Chamber of Commerce spends 30% more, on trade and other issues
Mark Zuckerberg listens during a joint hearing of the Senate Judiciary and Commerce Committees in Washington, on April 10, 2018.
Photographer: Al Drago/BloombergFacebook Inc. set a company record for lobbying spending in the second quarter, the period during which Chief Executive Officer Mark Zuckerberg testified before Congress and the social media giant faced ongoing fallout from the Cambridge Analytica scandal.
The company spent almost $3.7 million on influencing federal policy from April to June, according to filings released Friday. That’s an increase of more than $1 million from a year earlier, and up slightly from $3.3 million in the first quarter, when the company set its previous high. Facebook lobbied on data security and privacy, as well as issues including trade, immigration of highly-skilled workers and an online election-ad disclosure bill, the filings show.