"The American people want a financial system that works on the level. They want to get a fair shake." Axelrod said. "And they want to know that the dealings that are made are done transparently so that if there are problems such as the ones we saw before the crisis, we'll be alerted to them, and we can stop the whole economy from being turned over."
Axelrod said he was not certain if the protests will be a positive for Democrats and President Obama in 2012, but said he does believe that the issues raised may hurt Republicans.
"Obviously I don't think any American is impressed when they see Governor Romney and all the Republican candidates say the first thing they'd do is roll back Wall Street reforms, and go back to where we were before the crisis, and let Wall Street write its own rules," Axelrod said. "I think that will be an issue in this campaign."