President Obama in a speech on Wall Street this week repeated his call for greater oversight of the U.S. financial system, but opposition to more government regulation in that area of the economy has now risen to 53%.
A new Rasmussen Reports national telephone survey shows that 33% of Americans favor more government regulation of the financial system, while 14% are not sure.
The number agreeing with the president is unchanged from June when he first outlined his plans for new rules and oversight, but opposition has climbed six points from 47%.
Fifty percent (50%) of Democrats support more government regulation, but 81% of Republicans and a plurality (48%) of adults not affiliated with either party are against it.
Fifty-eight percent (58%) of investors think more regulation of the financial system is a bad idea.