Capitol Report: Peloton turns to Washington lobbying

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Peloton Interactive Inc. has set up a formal lobbying operation in Washington, D.C., according to disclosures filed this week.

The connected fitness company has registered an in-house lobbyist as well as hired two outside lobbying firms.

New York-based Peloton PTON, +0.36% previously has not reported lobbying the federal government, according to data aggregated by OpenSecrets.org.