Skip to main content

Financial-regulation poll reveals partisan split

Nearly two-thirds of voters think the stock market is rigged against them and a majority believe Wall Street and big banks hurt average Americans, according to poll results from a pro-regulation group.

The survey by Better Markets, a non-profit advocate for stronger financial regulation, also found that 60 percent of voters support stricter federal regulation of banks and other financial institutions, according to the L.A. Times.

About 74 percent of Democratic voters and 56 percent of independents favored tougher oversight, but just 46 percent of Republicans did, according to the nationwide poll of 1,000 people likely to vote in this fall's elections.

The poll was conducted by Greenberg, Quinlan and Rosner Research, a Washington, D.C., firm that handles polling for Democratic candidates and major corporations. The poll has a margin of error of 3.5 percent.

The results were released Thursday in conjunction with the week's fourth anniversary of the passage of the Dodd-Frank financial reform law.

The legislation, which Congress approved with almost no Republican support, created the Consumer Financial Protection Bureau and enacted tough new regulations designed to prevent future financial crises and government bailouts.

The poll, however, showed that voters still are strongly dissatisfied with federal oversight of Wall Street and large banks nearly six years after the 2008 financial crisis.

Related

MASS.RECREATION

Mass. Opens Office of Outdoor Recreation

The new office will coordinate outdoor recreation policy, identify funding opportunities and more.

ONEWATER

OneWater Marine Completes Acquisition

Harbor View Marine has a marina facility in Pensacola, Fla., and a dealership in Orange Beach, Ala.

POINT.SOUTH

Florida Panhandle Marina Reopens

Destroyed by Hurricane Michael in 2018, Point South Marina in Port St. Joe has new drystack storage and is adding slips.

WAKESPORTS

Wakesports Luminaries Recognized

The 2022 class of Wakesports Hall of Fame inductees includes influential pioneers from the sport’s earliest years.

SEATOW

Sea Tow Holds Annual Meeting

The company presented awards in a variety of categories, including the Captain Joe Frohnhoefer Visionary Award, named for Sea Tow’s founder.

FOUR-WINNS-ELECTRIC

Four Winns Launches Electric Boat

The builder partnered with Vision Marine Technologies on the H2e, a production bowrider powered by an electric outboard.