{"id":12041,"date":"2017-03-02T11:53:21","date_gmt":"2017-03-02T16:53:21","guid":{"rendered":"https:\/\/alpha.pewresearch.org\/pewresearch-org\/short-reads\/%year%\/%monthnum%\/%day%\/public-remains-divided-over-role-of-government-in-financial-regulation\/"},"modified":"2024-04-14T03:16:43","modified_gmt":"2024-04-14T08:16:43","slug":"public-remains-divided-over-role-of-government-in-financial-regulation","status":"publish","type":"short-read","link":"https:\/\/alpha.pewresearch.org\/pewresearch-org\/short-reads\/2017\/03\/02\/public-remains-divided-over-role-of-government-in-financial-regulation\/","title":{"rendered":"Public remains divided over role of government in financial regulation"},"content":{"rendered":"<p class=\"wp-block-paragraph\">As Donald Trump and congressional Republicans <a href=\"https:\/\/www.nytimes.com\/2017\/02\/03\/business\/dealbook\/trump-congress-financial-regulations.html\">take steps<\/a> to <a href=\"https:\/\/www.washingtonpost.com\/news\/wonk\/wp\/2017\/02\/09\/gop-preparing-plan-to-gut-consumer-finance-protection-bureau-roll-back-wall-street-reform\/?utm_term=.1cad0a43cd7e\">roll back Obama-era financial regulations<\/a>, the public remains divided over whether regulations of financial institutions have gone too far or not gone far enough.<\/p>\n\n<figure class=\"wp-block-image alignright\"><a class=\"image-box\" href=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/short-reads\/2017\/03\/02\/public-remains-divided-over-role-of-government-in-financial-regulation\/ft_17-03-02_financialreg_party\/\" rel=\"attachment wp-att-288720\"><img data-dominant-color=\"eeebe3\" data-has-transparency=\"false\" style=\"--dominant-color: #eeebe3;\" loading=\"lazy\" decoding=\"async\" width=\"310\" height=\"331\"  srcset=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/wp-content\/uploads\/sites\/20\/2017\/03\/FT_17.03.02_financialReg_party.png?resize=310,331 310w\" sizes=\"(max-width: 480px) 480px, (max-width: 782px) 782px, 640px\" class=\"wp-image-22749 not-transparent\" src=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/wp-content\/uploads\/sites\/20\/2017\/03\/FT_17.03.02_financialReg_party.png\" alt=\"\" data-attachid=\"288720\"><\/a><\/figure>\n\n<p class=\"wp-block-paragraph\">Overall, about half of Americans (49%) say \u201cthe government has not gone far enough in regulating financial institutions and markets, leaving the country at risk of another financial crisis,\u201d while 42% say the government has gone too far, \u201cmaking it harder for the economy to grow.\u201d These views are largely unchanged over the past several years.<\/p>\n\n<p class=\"wp-block-paragraph\">By roughly two-to-one, Republicans and Republican-leaning independents are more likely to say financial regulations have gone too far (63%) than to say they have not gone far enough (31%). The balance of opinion among Democrats and Democratic leaners is reversed: More than twice as many Democrats say the government has not gone far enough in this area (62%) as say it has gone too far (29%). The partisan gap over financial regulation has changed little since Pew Research Center first asked the question in September 2013.\u00a0<!--more--><\/p>\n\n<figure class=\"wp-block-image alignright\"><a class=\"image-box\" href=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/short-reads\/2017\/03\/02\/public-remains-divided-over-role-of-government-in-financial-regulation\/ft_17-03-02_financialreg_demographic\/\" rel=\"attachment wp-att-288719\"><img data-dominant-color=\"efebe0\" data-has-transparency=\"false\" style=\"--dominant-color: #efebe0;\" loading=\"lazy\" decoding=\"async\" width=\"310\" height=\"455\"  srcset=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/wp-content\/uploads\/sites\/20\/2017\/03\/FT_17.03.02_financialReg_demographic.png?resize=310,455 310w\" sizes=\"(max-width: 480px) 480px, (max-width: 782px) 782px, 640px\" class=\"wp-image-22748 not-transparent\" src=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/wp-content\/uploads\/sites\/20\/2017\/03\/FT_17.03.02_financialReg_demographic.png\" alt=\"\" data-attachid=\"288719\"><\/a><\/figure>\n\n<p class=\"wp-block-paragraph\">There also are differences in views of financial regulations by age and education. Among Americans younger than 30, just 33% say the government has gone too far in regulating financial institutions, while more (52%) say it has not gone far enough. Older Americans are more divided in their views.<\/p>\n\n<p class=\"wp-block-paragraph\">Majorities of those with at least a four-year college degree say the government hasn\u2019t gone far enough regulating financial institutions: 56% say this, while just 34% say regulation has gone too far. By comparison, a smaller share of those with no more than a high school diploma (41%) think there has not been enough regulation of the financial sector, while 51% say the government has gone too far regulating these institutions.<\/p>\n\n<p class=\"wp-block-paragraph\"><em>Note: Full methodology is available <a href=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/wp-content\/uploads\/2017\/03\/03-02-2017_Financial_regulations_methodology.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>, and survey topline is\u00a0<a href=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/wp-content\/uploads\/2017\/03\/03-02-2017_Financial_regulations_topline_for_release.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>. (PDFs)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>As Donald Trump and congressional Republicans take steps to roll back Obama-era financial regulations, the public remains divided over whether regulations of financial institutions have gone too far or not gone far enough.<\/p>\n","protected":false},"author":314,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"sub_headline":"","sub_title":"","_crdt_document":"","_prc_public_revisions":[],"_ppp_expiration_hours":0,"_ppp_enabled":false,"ai_generated_summary":"","apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":"","apple_news_is_paid":"","apple_news_is_preview":"","apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":[],"apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"relatedPosts":[],"_prc_fork_parent":0,"_prc_fork_status":"","_prc_active_fork":0,"datacite_doi":"","datacite_doi_citation":"","_prc_seo_qr_attachment_id":0,"spoken_article_player_enabled":true,"bylines":[{"key":"f9379a547507a9006a070595c3a8f9da","termId":807}],"acknowledgements":[],"displayBylines":true,"footnotes":"","prc_watchers":[]},"categories":[79,235,93,38,25],"bylines":[807],"collection":[],"datasets":[],"_post_visibility":[],"formats":[467],"_fund_pool":[],"languages":[],"regions-countries":[515],"research-teams":[520],"workflow-status":[],"class_list":["post-12041","short-read","type-short-read","status-publish","hentry","category-congress","category-economic-policy","category-issue-priorities","category-political-issues","category-politics-policy","bylines-samantha-smith","formats-short-read","regions-countries-united-states","research-teams-politics"],"label":"Short 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