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	<title>LNCC &#187; obama banks</title>
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		<title>Americans say government regulation of banks isn&#8217;t working, but don&#8217;t want more</title>
		<link>http://www.lncc.org/americans-say-government-regulation-of-banks-isnt-working-but-dont-want-more/</link>
		<comments>http://www.lncc.org/americans-say-government-regulation-of-banks-isnt-working-but-dont-want-more/#comments</comments>
		<pubDate>Wed, 16 May 2012 02:03:07 +0000</pubDate>
		<dc:creator><![CDATA[Staff]]></dc:creator>
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		<category><![CDATA[dodd frank]]></category>
		<category><![CDATA[jp morgan]]></category>
		<category><![CDATA[obama banks]]></category>
		<category><![CDATA[obama financial regulations]]></category>

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		<description><![CDATA[&#8220;Wall Street banks are once again drawing national criticism, this time due to JPMorgan Chase’s $2 billion loss from high-risk trades.  Yet while Americans believe the federal government is doing a poor job keeping an eye on the banking industry, most still aren’t convinced more regulations are needed,&#8221; a new Rasmussen reports poll finds. &#8220;The [&#8230;]]]></description>
				<content:encoded><![CDATA[<p><img class="alignleft size-medium wp-image-1226" src="http://www.lncc.org/wp-content/uploads/2012/03/bankofobama-300x165.jpg" alt="" width="300" height="165" />&#8220;Wall Street banks are once again drawing national criticism, this time due to <a href="http://dealbook.nytimes.com/2012/05/11/the-bet-that-blew-up-for-jpmorgan-chase/" target="_self">JPMorgan Chase’s $2 billion loss from high-risk trades</a>.  Yet while Americans believe the federal government is doing a poor job keeping an eye on the banking industry, most still aren’t convinced more regulations are needed,&#8221; a new Rasmussen reports poll finds.</p>
<p>&#8220;The latest Rasmussen Reports national telephone survey of American Adults shows that just 14% rate federal government oversight of the banking industry as good or excellent. Fifty-three percent (53%) say the government is doing a poor job monitoring banks. (To see survey question wording, <a href="http://www.rasmussenreports.com/public_content/business/econ_survey_questions/may_2012/questions_jp_morgan_and_banks_may_14_2012" target="_self">click here</a>.)&#8221;</p>
<p>But despite the fact most think government regulations aren&#8217;t working, they aren&#8217;t buying the Obama administration&#8217;s call for tighter regulations.</p>
<p>Only 36% support more government regulation of banks.</p>
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