Five Democratic senators reportedly will not support President Biden’s radically leftist nominee Saule Omarova to head the Office of the Comptroller of the Currency.
If true, that would kill her chances at being confirmed, as her nomination would require at least 50 Democratic votes and the Democrats have only 50 votes in the U.S. Senate.
Axios reports, “In phone call on Wednesday, Sens. Jon Tester (D-Mont.) Mark Warner (D-Va.) and Kyrsten Sinema (D-Ariz.), all members of the Senate Banking Committee, told Sen. Sherrod Brown (D-Ohio) — the panel’s chairman — of their opposition. They’re joined in opposing her by Sens. John Hickenlooper (D-Colo.) and Mark Kelly (D-Ariz.).”
A White House official informed Axios that the Biden administration “continues to strongly support her historic nomination,” adding, “Saule Omarova is eminently qualified for this position. She has been treated unfairly since her nomination with unacceptable red-baiting from Republicans like it’s the McCarthy era.”
The Daily Wire noted that Omarova tweeted in 2019, “Until I came to the US, I couldn’t imagine that things like gender pay gap still existed in today’s world. Say what you will about old USSR, there was no gender pay gap there. Market doesn’t always ‘know best.’”
On October 6, Sen. Pat Toomey (R-PA) asked Omarova to turn over her thesis completed at Moscow State University titled “Karl Marx’s Economic Analysis and the Theory of Revolution in The Capital.” He stated, “While it appears that you have deleted any reference to your thesis in the version of your curriculum vitae (CV) that is currently available on the Cornell Law School website, the paper appeared on your CV as recently as April 2017.”
“A spokesperson for the Senate Banking Committee Republicans confirmed to Fox Business that Omarova has not yet submitted the document,” The Daily Wire reported on October 17.
In March 2021, Omarova said she wants oil and gas companies to go bankrupt, asserting, “Here what I’m thinking about is primarily coal industry and oil and gas industry. A lot of the smaller players in that industry are going to probably go bankrupt in short order, at least we want them to go bankrupt if we want to tackle climate change,” in a clip provided by the American Accountability Foundation (AAF).
Norbert Michel, who directs the Cato Institute’s Center for Monetary and Financial Alternatives, told The Daily Wire that as Comptroller of the Currency, Omarova and other officials could allocate “credit and funds.” He surmised that if that became a reality, “the private sector could not compete with the federal government,” adding, “The danger is that private banks would not be able to provide better interest rates to customers and charge lower rates to make loans. It would be a matter of policy that decided private banks’ fate.”
“Many of her writings make no distinction between bank size, and it is clear her policies would turn all private banks into state-run institutions,” he concluded.
The Daily Wire is one of America’s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a member.