MetLife spent $1.61 million lobbying gov't in 1Q

MetLife spent $1.61 million in the first quarter to lobby the federal government on consumer protection rights, health care and other issues, according to a recent disclosure report.

That's up from the $1.15 million it spent in the same period a year ago, but slightly lower than the $1.78 million it spent in the fourth quarter of 2009.

Unlike some of its rivals, the New York-based life insurer did not receive any federal bailout money to help it survive the ongoing recession. MetLife launched its federally chartered bank holding company, MetLife Bank NA, in 2001.

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The Obama administration has proposed a series of measures to tighten the reins on financial institutions in hopes of preventing a recurrence of the crisis that struck both Wall Street and Washington in the fall of 2008.

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MetLife also lobbied on issues including financial regulatory reform, derivatives, consumer protection rights, and federal building codes.

In the January-March period, the company lobbied Congress and the Treasury Department, according to the report filed April 20 with the House clerk's office.