Americans' faith in banks low after failures: AP-NORC poll
Uphold finds low faith in American banks after two recent bank failures. Treasury chief Janet Yellen and the Biden administration have been trying to boost confidence. In the U.S. banking system remains sound. But an AP Newark center for public affairs research poll finds just 10% of U.S. adults say they have high confidence in banks and other financial institutions. That's down more than half from three years ago. More than half now say the government's not doing enough to regulate the industry. Over the past month, there's been little change in how people see the overall economy, only a quarter, say national economic conditions are good. Three quarters describe them as poor. Sagar Meghani at The White House.