65% of Americans Back Stricter Financial Controls

Even split on Obama's handling of issue, and reining in derivatives

By Caroline Miller

Posted Apr 26, 2010 9:18 AM CDT

Copied

65% of Americans Back Stricter Financial Controls — In this file photo made Monday, Jan. 4, 2010, an entrance to a Wall Street subway station is shown in New York. (AP Photo/Mark Lennihan, file)

Two-thirds of Americans say they support tighter regulation of banks in a new Washington Post-ABC News poll, and majorities also agree with the two main components of the Senate bill Democrats are poised to introduce this week: more federal oversight of consumer loans (59% to 38%), and making banks pay into a fund to cover the cost of future bank failures (53% to 42%). Respondents were more evenly split on new rules to rein in the derivatives market, with 43% for and 41% against.

Obama also gets a split decision on his handling of the issue, with 48% both for and against. But he is still ahead of the GOP on the issue, with 52% saying they trust the president to handle the issue and 35% siding with the GOP.

Read These Next

Within half hour, Navy fighter jet and copter both go into the sea.
The strangely, lonely final days of Gene Hackman.
Posts raise fears about what raves might do to Colosseum.
At least two have been arrested in the Louvre heist.

Report an error