Rasmussen poll: more skepticism about financial regulation

June 24, 2009

From Rasmussen:

Forty-seven percent (47%) of Americans oppose more government regulation of the U.S. financial system, while 33% disagree and say more regulation is a good idea, according to a new Rasmussen Reports national telephone survey.

But just 23% of adults favor giving the Federal Reserve Board more regulatory control. Fifty-one percent (51%) oppose expanding the Fed’s regulatory powers.

Americans are closely divided over President Obama’s plan to create a new government agency to regulate what banks, mortgage lenders and credit cardcompanies offer Americans. Thirty-nine percent (39%) support the creation of such an agency, but 44% are opposed to establishing another federal regulatory body.

Fifty-seven percent (57%) of Americans said in late April that there is a need for more government oversight of the credit card industry.

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