in other words, pleading the 5th...
Posted on 10/15/2021 11:07:52 AM PDT by Mount Athos
Saule Omarova, President Joe Biden’s nominee to head the Office of the Comptroller of the Currency (OCC), is refusing to hand over to the Senate Banking Committee her university thesis on Marxism written during her time in the Soviet Union.
Republican Sen. Pat Toomey, ranking member of the committee, had sent a letter to Omarova on Oct. 6 asking the Cornell Law School professor to hand over her Moscow State University thesis, titled “Karl Marx’s Economic Analysis and the Theory of Revolution in The Capital,” by Oct. 13, citing the committee’s need to “fully assess the fitness of individuals to serve in Senate-confirmed executive and independent agency positions.”
Omarova, who grew up in the Soviet Union, had scrubbed mention of the thesis from her resume, the Washington Free Beacon reported. She also praised the now-defunct socialist government for its lack of “gender pay gap” in 2019.
“What’s shocking to me is the notion that a person nominated for a very high position in our government shouldn’t be accountable for the things they have advocated for in writing themselves,” Toomey said during a committee hearing, adding that he had never “seen a more radical choice for any regulatory spot in our federal government.”
Omarova is a vocal critic of big banks and Wall Street orthodoxy, calling for a publicly-managed banking system overseen by the Federal Reserve and to end “banking as we know it.” She also opposes cryptocurrencies, calling instead for a central bank digital currency and praising China’s strict crypto regulatory regime.
Her ideas on financial regulation have earned her criticism from top Republicans including Toomey and Sen. Ted Cruz, who called her a “radical threat to our economy.” Omarova defended herself in a Thursday interview with the Financial Times, saying she was an “easy target” because she was a “woman” and a “minority.”
Omarova has yet to hand over her university thesis to the committee, according to Senate Banking Committee Republicans. (RELATED: Biden Taps Critic Of Big Tech Jonathan Kanter To Head DOJ Antitrust Division)
“Ms. Omarova has time to attack Republicans in an interview with the Financial Times, but she can’t bother to comply with a Banking Committee requirement that nominees— regardless of their political party or ideology—submit copies of their writings,” Amanda Gonzalez Thompson, spokesperson for Senate Banking Committee Republicans, said in a statement shared with the Daily Caller News Foundation. “We certainly hope she reconsiders so Senators have the information necessary to fulfill their constitutional duty to advise and consent on appointments.”
Omarova did not immediately respond to the Daily Caller News Foundation’s request for comment.
If confirmed as head of the OCC, Omarova would oversee the regulation and management of national banks, including 1,200 financial institutions and $14 trillion in assets, according to The Wall Street Journal.
How Hillary of her!
DNC: The ravage all the files they can back 50 years.
RNC: Stand there with their hands out waiting for cash.
Out of all of the people who are qualified for the position, why in the world would he pick her? There is nothing that distinguishes her over 50 other people who actually believe in capitalism.
Mitch and his merry band of collaborators should have no problem approving another marxist. They have only stopped one, I think?
I bet it’s titled “How to infiltrate the US banking system and bring it to its knees.”
This woman has no place being in our government. Of course, our government is filled to the brim with these lousy, flea-bitten Commies. Throw her out of the meeting!!! Time to stop playing nice with these evil people!!!!!!!
in other words, pleading the 5th...
If there was any integrity to this whole process, refusing to turn over her thesis should end her nomination. Hopefully it does.
Out of all of the people who are qualified for the position, why in the world would he pick her?
—
Because all the others do not qualify as America and Capitalism haters. Because she’s the most likely candidate to destroy the US banking system.
This is not about helping America, its about destroying America.
Flimsey Grahamnesty can’t wait to vote for another of Senile Joe’s lunatic appointments.
She'll be a good addition to this most transparent government in history.
Offer her an SSS alternative...
“Omarova defended herself in a Thursday interview with the Financial Times, saying she was an “easy target” because she was a “woman” and a “minority.”
That argument is a two way street when one considers the reason this person of little distinction was appointed was that she was a woman and a minority. See Kamala Harris
Nope. No Russian influence here!
Refuse to vote on him until he does.
She was picked because she has a plan to replace banks, replace our currency with a Central Bank Digital Currency CBDC) and turn the FED into a Soviet style Central Bank. She published her plan, and those who wish to fundamentally change America like it. You could call her paper a Résumé.
The People’s Ledger: How to Democratize Money and Finance the Economy
Excerpts below are from her original paper. She has since edited and continues to edit her manifesto to make it sound more acceptable, so some of these excerpts have been revised in the new version. The paper was published a year ago, yet it was edited as recently as TODAY.
Beginning with the liability side of the central bank balance sheet, this Article advocates the issuance of general-purpose CBDC (the “digital dollar”) and concurrent migration of all transaction deposit accounts from private banks to the Federal Reserve. Focusing on the ultimate “end-state” whereby central bank accounts fully replace—rather than uneasily co-exist with—private bank deposits, the Article explores the full range of new monetary policy options the proposed structural shift would enable....In effect, it re-imagines the role of a central bank as the ultimate public platform for generating, modulating, and allocating financial resources in a modern economy—the People’s Ledger....
Doing so is especially urgent in light of the ongoing digitization of finance, which includes rapid proliferation of privately-issued digital money and privately-run digital payments systems. Notwithstanding their rhetoric of democratization, these technologies threaten to undermine the fundamental balance of the sovereign public’s and private actors’ relative powers and roles in the financial system...
Exactly what minority is she? She appears to have a Russian surname. Aren’t Russians white ?
Putin has his SVR agent in our government.
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