Monday, December 21, 2009

Americans opposed to further government regulation of the U.S. financial system

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Americans remain opposed to further government regulation of the U.S. financial system, even as President Obama and congressional Democrats move closer to passage of legislation that will give the government more oversight than ever.

Only twenty-eight percent (28%) favor allowing the government more oversight of the financial system, while another 20% aren’t sure.

Seventy-seven percent (77%) of Republicans and a plurality (45%) of adults not affiliated with either major political party oppose more government regulation of the financial system.

However, most Democrats (55%) support the creation of a new consumer protection agency.

Americans like one part of the bill, however. Seventy-nine percent (79%) think regularly auditing the Federal Reserve Board and making those results public is a good idea.


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