‘We Want Them to Go Bankrupt’

Biden’s nominee for Comptroller has an idea on climate change.

 

By The Editorial Board, The Wall Street Journal

Nov. 15, 2021

 

Saule Omarova continues to make the case against her nomination to be Comptroller of the Currency, as critics need only to quote her own words. The latest example is a video interview she gave in February in which the Cornell professor opined on “the case for a U.S. national investment authority.”

 

The conversation at one point turned to climate change and its impact on fossil-fuel producers, and Ms. Omarova was on the case. “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,” she said in the session that was part of the Jain Family Institute’s “Social Wealth Seminar” series...

 

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https://www.wsj.com/articles/we-want-them-to-go-bankrupt-saule-omarova-comptroller-biden-nominee-11636668294

 

 

Biden's Communist Treasury Nominee Wants All Bank Accounts to be Controlled by the Fed

 

Katie Pavlich, Townhall

Nov 12, 2021

 

In September President Joe Biden nominated Saule Omarova to become comptroller of the currency at the Department of Treasury. If confirmed, Omarova would be in charge of overseeing banking in the United States.

 

Omarova believes private bank accounts should be taken over and controlled by the Federal Reserve.

 

"Imagine what it would be like instead of just a public option for deposit banking, this would be actually the full transition. In other words, there would be no more private bank deposit accounts and all of the deposit accounts will be held directly at the fed," Omarova said during recent remarks. "How is it politically feasible for the central bank to take money away from people's accounts."

 

Omarova has also stated that in order for the country and the world to tackle climate change, governments must bankrupt the oil industry through regulation.

 

Omarova is a communist who grew up in the USSR. While in college at Moscow State University on a Lenin academic excellence scholarship, she titled her thesis, "Karl Marx’s Economic Analysis and the Theory of Revolution in The Capital."

 

If confirmed...

 

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https://townhall.com/tipsheet/katiepavlich/2021/11/12/bidens-communist-treasury-nominee-wants-all-bank-accounts-to-be-controlled-by-the-fed-n2599031