36% Support More Government Regulation of Financial Industry
Wall Street banks are once again drawing national criticism, this time due to JPMorgan Chase’s $2 billion loss from high-risk trades. Yet while Americans believe the federal government is doing a poor job keeping an eye on the banking industry, most still aren’t convinced more regulations are needed.
The latest Rasmussen Reports national telephone survey of American Adults shows that just 14% rate federal government oversight of the banking industry as good or excellent. Fifty-three percent (53%) say the government is doing a poor job monitoring banks. (To see survey question wording, click here.)
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The national survey of 1,000 Adults was conducted on May 14, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.
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