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AP Photo/Manuel Balce Ceneta Joe Biden’s nominee to head the Office of the Comptroller of the Currency, Saule Omarova, faced fierce questions from Republicans on the Hill today. Rightly so, given her radical positions on capitalism and banking. My colleague Dennis Santiago has written about some of those positions here and here.
Here she is arguing why we should do away with private banking and increase government control by having everything run through the Fed. “How is it politically feasible for the Central Bank to effectively take money away from people’s accounts?” she asks. Proposal by Biden’s Treasury nominee Saule Omarova: “There will be no more private bank deposit accounts and all of the deposit accounts will be held directly at the fed” pic.twitter.com/ojQviX74Bz — Jewish Deplorable (@TrumpJew2) November 12, 2021 Oh. That’s reassuring. Because that sure sounds like they want the government to be able to control everything and simply snatch your accounts. What do you call that kind of a system?
Then there’s this fun piece here where she talks about how they wish for oil and gas companies to go bankrupt because that will help their climate change goals. Biden nominee Saule Omarova on the oil, gas, and coal industries: “We want them to go bankrupt if we want to tackle climate change” pic.twitter.com/7QPbO86FJf — Jewish Deplorable (@TrumpJew2) November 9, 2021 Republicans grilled her during her hearing in the Senate today, notably Sen. John Kennedy (R-LA) and Sen. Tim Scott (R-SC).
Kennedy brought up how Omarova called the financial services industry a “quintessential a**hole industry.” Senator John Kennedy to Saule Omarava: “I’m not sure whether to call you professor or Comrade” pic.twitter.com/oYoppgH8jY — Jewish Deplorable (@TrumpJew2) November 18, 2021 He noted how she had previously called on the federal government to set wages, food, and gas prices. He brought up her wanting to abolish private bank accounts and so that the government could have access to all your data. He spoke about her desire to set up a National Investment Authority which would be the hub through which they can achieve their climate dreams and how she wrote […]
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