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Monday, April 19, 2010

Zogby Interactive: Most Americans Support Stronger Regulations on Big Banks

Zogby International


UTICA, New York - Legislative proposals to regulate financial institutions and limit their size have the support of a majority of likely voters, including 55% who favor a tax on large banks to cover any government losses from bailouts.

Those are among the findings of a Zogby Interactive survey of 3,351 likely voters conducted from April 1-3, 2010. The survey has a margin of error of +/-1.7%.

The survey also found that 63% do not agree that the federal government has a responsibility to insure that big banks do not fail and only 33% said they had confidence in the Federal Reserve to enforce regulations on the nation's financial institutions.

The Democrats should be able to beat the Republicans silly if they try to filibuster Wall Street reform in the US Senate.The public support the Democrats on this issue.

See the complete survey at http://www.zogby.com/news/ReadNews.cfm?ID=1845

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