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Polls are irrelevant

April 9, 2010 | federal legislation, industry, research | Comments (0)

On an issue as complicated as financial reform, how you ask the questions can skew poll results.  Nevertheless, pollsters keep polling.  From The Hill

Consumer protection

The polling is mixed on new consumer financial protections. Some analysts argue there is strong support for a new federal agency over products like home loans and credit cards, but the polls vary greatly in how they ask the question.

Pew: 86 percent of respondents support giving consumers better information to make decisions on financial products.

Zogby
: 59 percent of those polled said a separate Consumer Financial Protection Agency is needed

YouGov: Only 12 percent of those polled said the goal of financial reform should be creating a new agency with rules about how banks treat customers.

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