U.S._ Americans Intensely Wary of Bailouts as Banking Concerns Mount: Poll

NEWSMAX

Americans Intensely Wary of Bailouts as Banking Concerns Mount: Poll

Wednesday, 15 March 2023 06:37 PM EDT


A bipartisan majority of Americans oppose U.S. taxpayers footing the bill when bad management causes a bank to fail, a Reuters/Ipsos poll completed on Wednesday found.

The poll's results point to a potential political problem for Democrat President Joe Biden's administration should the signs of shakiness in the U.S. banking sector worsen and prompt more aggressive government action.

The two-day Reuters/Ipsos poll found 84% of respondents - including strong majorities of Republicans and Democrats - think taxpayers should not have to pay to resolve problems caused by irresponsible bank management.

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READ MORE: https://www.newsmax.com/finance/streettalk/bailout/2023/03/15/id/1112368/

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16032023
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