Poll Finds Banks Are Too Big, Most Americans Say
Most Americans think banks have grown too big, but many are uncertain about what to do about it, according to a new HuffPost/YouGov poll. Sixty-one percent of respondents said that banks and other financial institutions have become too large and powerful, while only 17 percent said their size is appropriate. By a 38 percent to 22 percent margin, Americans were also more likely to favor than oppose a law to cap the size of banks and break the largest ones into smaller components. But another 40 percent said they were not sure about that proposal. Sen. Bernie Sanders (I-Vt.) has said that he will introduce legislation to split banks apart, declaring of the largest, "If an institution is too big to fail, it is too big to exist." The opinion that many financial institutions have grown too big was shared by majorities of Democrats (68 percent), independents (61 percent) and Republicans (51 percent). But while Democrats and independents were more likely...