Twenty-three percent (23%) of voters favor eliminating all private banks in the United States and having the federal government provide banking services for everyone. That approach has been advocated by Saule Omarova, President Biden’s nominee to serve as Comptroller of the Currency.
A Scott Rasmussen national survey found that 63% are opposed to ending the private banking system and 14% are not sure.
Those totals include 8% who Strongly Favor the proposal and 47% who are Strongly Opposed.
Those who support policies like those of Bernie Sanders are evenly divided on the question. Traditional Democrats oppose the federal takeover of banks by a 62% to 25% margin.
There is a similar gap on questions of economic policy goals. A plurality of Sanders’ supporters believe fighting economic inequality is more important than encouraging economic growth. By a 64% to 29% margin, traditional Democrats want the focus on economic growth.
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Note: Neither Scott Rasmussen, ScottRasmussen.com, nor RMG Research, Inc. have any affiliation with Rasmussen Reports. While Scott Rasmussen founded that firm, he left more than seven years ago and has had no involvement since that time.
Question:
A proposal has been made that would eliminate all private banks in the United States and have the federal government provide banking services for everyone. Do you favor or oppose this proposal?
8% Strongly favor
15% Somewhat favor
16% Somewhat oppose
47% Strongly oppose
14% Not sure
Methodology
The survey of 1,200 Registered Voters was conducted online by Scott Rasmussen on November 4-7, 2021. Field work for the survey was conducted by RMG Research, Inc. Certain quotas were applied, and the sample was lightly weighted by geography, gender, age, race, education, internet usage, and political party to reasonably reflect the nation’s population of Registered Voters. Other variables were reviewed to ensure that the final sample is representative of that population.
