Six years after Dodd-Frank Act was signed into law, and five years after the Consumer Financial Protection Bureau opened its doors, a new bipartisan poll shows overwhelming support for strong regulation of financial products and …
A new poll of 1,000 likely voters found that Republicans, Democrats, and Independents all strongly support financial reform. Voters believe financial companies have not changed enough and need to be held more accountable 75%-12% and support more regulation of these companies 69%-20%. See attached for details.
“A recent poll conducted by Lake Research Partners and Chesapeake Beach Consulting finds voters strongly support restoring consumers’ right to bring class action lawsuits against banks and lenders instead of being forced to take individual cases to an arbitrator of the lender’s choosing. After hearing an argument for and against, voters of all political parties express majority support for federal action to restore these rights.”
“According to a new poll, conducted by GBA Strategies on behalf of Americans for Financial Reform, the Center for Responsible Lending, the National Council of La Raza, and the National Association for the Advancement of Colored People, just 3 percent of registered voters have a favorable opinion of payday lenders. Yes, even used car salesmen and Wall Street banks are more well-liked than payday lenders.”
A key mortgage lending reform – which would be rolled back by a bill coming up for a vote in the House of Representatives next week – commands the support of an overwhelming majority of voters, according to a poll conducted this summer by Lake Research on behalf of Americans for Financial Reform and the Center for Responsible Lending.
A new Lake Research poll, commissioned by Americans for Financial Reform and the Center for Responsible Lending, finds strong, continued, bipartisan support for government regulation of financial services and products. In marked contrast to the …
With the Consumer Financial Protection Bureau now in a position to regulate the practice, a new poll shows strong public sentiment against the use of forced-arbitration clauses in consumer finance contracts. The poll demonstrates wide, bipartisan opposition to forced arbitration as the House of Representatives prepares to vote on a multi-agency appropriations bill that would put roadblocks in the way of CFPB action.