In the wake of the recent turmoil in the banking industry, only 10% of the public has a great deal of confidence in the nation’s banks and financial institutions, and 56% say the government is not doing enough to regulate the industry.
Trust in the banking industry declined since 2020, when 22% said they had a great deal of confidence in the people running it. The lack of confidence is bipartisan. Only 10% of Democrats and 8% of Republicans have a great deal of confidence in banks. …
Fifty-six percent of adults, including 63% of Democrats and 51% of Republicans, consider government regulation of the banking industry insufficient. CONTINUED
AP-NORC Center for Public Affairs Research
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