Public remains divided over role of government in financial regulation

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.

Overall, about half of Americans (49%) say “the government has not gone far enough in regulating financial institutions and markets, leaving the country at risk of another financial crisis,” while 42% say the government has gone too far, “making it harder for the economy to grow.” These views are largely unchanged over the past several years.

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.

Full Content: PewResearch Center