2/3 of Americans support financial reform, but Senate GOP blocks it
Despite the fact that two-thirds of Americans support tougher regulation of banks and Wall Street... Republicans have already voted unanimously to block financial reform from reaching the senate floor - and they might do it again minutes from now when another test vote happens.
A new ABC News/Washington Post poll shows 65 percent of those surveyed want stricter financial reform. 31 percent are opposed.
The poll also shows majorities back two key parts of the senate bill... including greater government oversight of consumer loans... and a fund - paid for by the banks - that would help dismantle failing institutions. According to this poll, the public is split on letting the government regulate complex financial instruments knows as derivatives.
http://caffertyfile.blogs.cnn.com/2010/04/27/23-of-americans-support-financial-reform-but-senate-gop-blocks-it/