53% Want to Break Up Big Banks; 75% Want Restrictions on Regulators Going to Work for Banks

Fifty-three percent (53%) of voters believe the nation’s largest banks should be broken up. A ScottRasmussen.com national survey found that total includes 60% of Democrats, 53% of Independents, and 45% of Republicans (see crosstab results).

Support for breaking up the banks is down five points since last September.

Fifty-five percent (55%) believe it would be better for the U.S. economy a large number of smaller banks rather than a small number of very large banks. Twenty percent (20%) take the opposite view while 24% are not sure.

Three out of four voters want some kind of waiting period before bank regulators can go to work for the banks they regulate. That includes 30% who favor a lifetime ban. Another 45% believe a waiting period should be required before bank regulators could take a bank job after a waiting period. Of those who favor a waiting period, nearly half (47%) thought a one-year wait would be sufficient. Thirty-four percent (34%) favored a longer period of time.

Forty-three percent (43%) of voters believe the failure of a large bank today would trigger a financial crisis. Twenty-two percent (22%) disagree and 35% are not sure.

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The national survey of 1,001 Registered Voters was conducted April 20-21, 2019 by ScottRasmussen.com and HarrisX, a polling company specializing in online surveys (see Methodology). It has a 3.1 percentage point Margin of Error with a 95% level of confidence.

Neither Scott Rasmussen nor ScottRasmussen.com has any relationship with Rasmussen Reports® (see About Us).

Posted in Poll Results

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