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 ...
I’d bet a million bucks that Obama is very pissed at this news.
So I guess I can put my money back in the bank?
Have the assistant Democrats spoke yet?
A Commie in charge of the banking system?
WCPGW?
What, the Centrist (weak-kneed jerks) didn’t help Biden this time? I am truly shocked.
“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”
Translation: Axios is very saddened to report this Commie’s nomination is probably dead.
My translation FOAD Axios / Hans Nichols
I wouldn't call a question like "Are you a lifelong communist who believes in expropriation of private business and violent destruction of capitalism?" to be overly personal. About the tattoos of Lenin and Marx on her butt cheeks, OK, that's a little personal.
Good news but not great news. This may well have been a sacrifice so that the next leftist nominee doesn’t look so radical by comparison.
"Omarova, a professor at the Cornell Law School, has said she wants to "end banking as we know it" by requiring bank deposits to be held with the Federal Reserve, rather than private banks. Omarova has also proposed the creation of a federal agency, the National Investment Authority, that would fulfill the goals of the Green New Deal by investing in infrastructure projects. Omarova said one goal of the National Investment Authority would be for oil and gas companies to go "bankrupt" in order to fight climate change."
All your bank accounts at The Fed? Push a button and your money disappears or taken as they choose for social media infractions?
No thanks.
Oh good. 45 Dems support the Marxist and Fed control only retirement accounts.
Excuse me, but a battle over the nominee is a battle over how banks should be regulated, not a proxy battle. Idiots keep forgetting what leftists know to well, "people is policy." What do you think Soros has been doing with local DAs and so on. Next you are going to find you are in jail for animal abuse because the local dog catcher is a Soros goon.
That’s ok. It ain’t over yet. I’m sure that Biden can get 5 republicans to change their vote from nay to yay. That is what will happen
Biden or more likely his HANDLERS will appoint her to some position buried in the CORRUPT GOVERNMENT where she can NEVER be FIRED! mark my words, you haven’t heard the last of this MARXIST!
They’ll come around when they get the word that five democrats have defected
WTF is THAT???
FIVE DEMOCRATS!!! FIVE!!! OUT of 50!! 10% of DEMOCRAT SENATORS didn’t want her....BUT 90% OF DEMOCRAT SENATORS DID WANT THE COMMIE CONTROLLING OUR BANKING! GEESH!! GOOD GOD!
… a Cornell University law professor who’s attracted controversy for her academic writings about hemming in big banks.
—
A lie, but what does one expect from the MSM. It’s that she’s a lunatic communist who wants to nationalize all bank accounts at the Fed.
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