Majority of Americans say banks, large corporations benefitted most from U.S. economic policies
Nearly seven-in-ten Americans say large banks and financial institutions have benefited the most from post-recession government policies.
Republicans Sour on Ben Bernanke
As Ben Bernanke prepares to step down as chairman of the Federal Reserve in January, the public views him somewhat more favorably (38%) than unfavorably (31%), with 32% unable to offer a rating.
Five years after country’s fiscal crisis, wide partisan gap exists over financial regulation
The share of Republicans who say government regulation of financial institutions has gone too far is 38 percentage points higher than Democrats.
Doubts About U.S. Economy Persist
Five years after the stock market crash, a 63%-majority says that the U.S. economic system is no more secure today than it was before the 2008 crisis, while just 33% say that it is more secure. And most say household incomes and the job situation have improved little since the recession.
Sharp divisions in GOP base on raising the minimum wage
Proposals to raise the minimum wage face stiff opposition in Congress from Republicans, particularly in the House. But within the GOP base, there are sharp educational and income differences over the issue.
Public social expenditures falling in most countries but still above pre-crisis levels
New economic figures from the Organization for Economic Cooperation and Development showed an increase in public spending among developed countries during the global financial crisis, but a survey of European nations indicated publics were now looking to ratchet it down.
Around the world, governments promote home ownership
High on Congress’ long to-do list is deciding what to do about Fannie Mae and Freddie Mac, the two giant government-run companies that dominate the nation’s mortgage market (together they accounted for 78% of all mortgage-backed securities issued in the first quarter of this year). Which is another way of saying, Congress has to decide […]
Can a president control gas prices? Depends on when you ask
Can a president control gas prices? The answer depends on whether you ask a Republican or a Democrat — and which party occupies the White House.
Obama returns focus to America’s struggling middle class
As President Obama prepares to make a “major” speech on the economy today, our past reports describe the challenges the middle class has faced in the past decades.
New capital rules require U.S. banks to fatten their wallets
Banks are going to have to hold more capital as a cushion against losses, under new rules adopted today by the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency. The Federal Reserve Board, which developed the rules jointly with the other banking regulators, approved them last week. The new capital rules, intended […]