Democratic primary voters in the states of Iowa, New Hampshire, Nevada, and South Carolina strongly support a tough approach to oversight of Wall Street, according to a new poll conducted by Lake Research Partners and Chesapeake Beach Consulting. Democrats and independents, and even many Republicans share the views of this crucial set of voters.
Americans see the need for strong regulation of the financial services industry, tough enforcement of existing rules, and additional measures, even after hearing opposing arguments that stress a danger in the role of government. And they strongly support the changes made in the 2010 Dodd-Frank law that Congress passed in response to the financial crisis.
The survey also shows broad support for the Consumer Financial Protection Bureau, a marquee accomplishment of Dodd-Frank, which Congress created in order to police the marketplace on behalf of ordinary people. But, they have deep concerns about the direction that the new leadership is taking this vital agency.
Download the polling memo. (PDF)