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Centrist Dems sink Biden’s nominee for top bank regulator
Axios ^ | 24 Nov 2021 | Hans Nichols

Posted on 11/24/2021 4:07:29 PM PST by Rummyfan

Five Democratic senators have told the White House they won't support Saule Omarova to head the Office of the Comptroller of the Currency, effectively killing her nomination for the powerful bank-regulator position.

Why it matters: The defiant opposition from a broad coalition of senators reflects the real policy concerns they had with Omarova, a Cornell University law professor who's attracted controversy for her academic writings about hemming in big banks.

Their opposition also hints at a willingness of some Democratic senators to buck the White House on an important nomination, even if it hands Republicans a political — and symbolic — victory.

Republicans have attacked the Kazakh-born scholar in remarkably personal terms, and turned her nomination into a proxy battle over how banks should be regulated.

(Excerpt) Read more at axios.com ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events; Politics/Elections; US: Arizona; US: Colorado; US: Massachusetts; US: Montana; US: New York; US: Ohio; US: Virginia
KEYWORDS: arizona; axios; ccp; china; colorado; cornell; demagogicparty; elizabethwarren; federalreserve; gangwar; hansnichols; hickenlooper; jeromepowell; johnhickenlooper; jontester; kazakhstan; kelly; kyrstensinema; laelbrainard; markkelly; markwarner; massachusetts; montana; newyork; ohio; omarova; russia; sauleomarova; sherrodbrown; sinema; tester; virginia; warner
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If true, good riddance to this communist. She can go back to the Cornell Law School. Or better yet, Moscow University. Parents, I would seriously consider the value of a Cornell Law degree.
1 posted on 11/24/2021 4:07:29 PM PST by Rummyfan
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To: Rummyfan

THANK GOD


2 posted on 11/24/2021 4:09:20 PM PST by struggle
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To: Rummyfan

Wow! I thought sure the Dems would support the communist.


3 posted on 11/24/2021 4:09:53 PM PST by Gahanna Bob
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To: struggle

Wow..this is great news and yes, thank God!


4 posted on 11/24/2021 4:10:16 PM PST by hsmomx3 (I Stand with Steve!!)
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To: Rummyfan

Afraid of losing their money ,LOL


5 posted on 11/24/2021 4:10:36 PM PST by butlerweave
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To: Rummyfan

Saule Omarova was just too much of a “good thing” even for the highly compromised Democrats.

A bridge too far by the oligarchy that is the real executive power behind Joe Biden.


6 posted on 11/24/2021 4:10:50 PM PST by alloysteel ("Guns don't kill people, Alec Baldwin kills people" - Donald Trump Jr.)
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To: Rummyfan

Factions realize Biden has no clout for getting what he wants.

He’s a puppet, and a puppet master cannot interfere directly or they risk revealing that they are the man behind the curtain.


7 posted on 11/24/2021 4:11:56 PM PST by Bayard
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To: Rummyfan
Why it matters: The defiant opposition from a broad coalition of senators reflects the real policy concerns they had with Omarova, a Cornell University law professor who's attracted controversy for her academic writings about hemming in big banks.

I despise Axios not just because they always put this "why it matters" into every article as if the audience is too thick to figure the facts out for themselves, which they are because the media never gives a broad collection of the facts. But also because they never really say why it matters in the why it matters section. And they don't say why it matters to whom. To them? To the subject of the article? To the political class? To other journalists? Who the heck reads them anyway?

No offense Runnyfan.

8 posted on 11/24/2021 4:12:37 PM PST by monkeyshine (live and let live is dead)
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To: Gahanna Bob

I thought the rhinos would support the communist .


9 posted on 11/24/2021 4:16:58 PM PST by katykelly
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To: Rummyfan

Bump!


10 posted on 11/24/2021 4:16:59 PM PST by Jim Robinson (Resistance to tyranny is obedience to God.)
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To: Rummyfan
Or better yet, Moscow University.

"People's Frindship University" (f/k/a Patrice Lumumba University) would be a better fit. Historically the training ground for semi-literate 4th world terrorists.

Moscow University is too respectable for a Stalinist ideologue like her.

11 posted on 11/24/2021 4:18:05 PM PST by PAR35
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To: Rummyfan

That’s my good news for today. I hope any Dem opposition is enough to overcome any Assistant Democrats aka RINOs ‘just trying to help out’.


12 posted on 11/24/2021 4:18:28 PM PST by lee martell
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To: Rummyfan
Whew!

I was worried she'd get in after the Jerome Powell nomination came in.

13 posted on 11/24/2021 4:18:49 PM PST by G Larry (The "Racism" charge is code for "No Intelligent Argument")
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To: Rummyfan

down goes the marxist! down goes the marxist!

just nominating her should be an impeachable offense


14 posted on 11/24/2021 4:20:55 PM PST by joshua c (Dump the LEFT. Cable tv, Big tech, national name brands)
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To: Rummyfan

Wish I could find a source for an unbiased, accurate description of her philosophies as all I can find are fluff and excuse making sites trying to make her look as good as they can.


15 posted on 11/24/2021 4:22:41 PM PST by traderrob6
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To: Rummyfan


16 posted on 11/24/2021 4:23:34 PM PST by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: Rummyfan

Instead of “straight outta Compton” Saule Omarova was too obviously “straight outta Kremlin” to keep the real Kremlin DNC train hidden.


17 posted on 11/24/2021 4:24:55 PM PST by patriotfury ((May the fleas of a thousand camels occupy mo' ham mads tents!) )
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To: All

Biden is so unpopular that Dems gain nothing from actually supporting him. They can see the writing on the wall that they are going to get zonked on midterms


18 posted on 11/24/2021 4:26:01 PM PST by escapefromboston (Free Chauvin)
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To: Rummyfan
Republicans have attacked the Kazakh-born scholar in remarkably personal terms, and turned her nomination into a proxy battle over how banks should be regulated.

Typical axios garbage - her ethnicity has nothing to do with her very extreme views that make her unfit for the position and to imply that it does is ridiculous and outrageous.

19 posted on 11/24/2021 4:26:18 PM PST by Republican Wildcat
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To: Gahanna Bob
Nah, what they'll do is let Biden nominate a "reasonable moderate" who holds the same views but doesn't say it out loud, and RINOs will vote along with it too.

It's the old Door in the Face technique. Clinton used this to a T.

20 posted on 11/24/2021 4:27:15 PM PST by Extremely Extreme Extremist
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