Tepid Public Approval for Fed Action
By Jon Cohen
Federal officials attempting to deal with the crisis on Wall Street are facing not only Capitol Hill questioners but also a skeptical public.
A Washington Post-ABC News poll conducted Friday through Monday shows a roughly even divide on the recent steps taken by the Federal Reserve and the Treasury Department -- 44 percent approve and 42 percent disapprove of their actions. At this stage, there are twice as many holding strongly negative as strongly positive views of the government response to the financial crisis (18 percent to 9 percent).
There is little partisan divide on this question, however. Approval is under 50 percent among Republicans (49 percent), independents (46 percent) and Democrats (42 percent). Similarly, there are few differences along income lines.
The full results of the poll will be available at midnight.
Posted at 3:39 PM ET on Sep 23, 2008
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