Biden's nominee for Comptroller of the Currency thinks the Fed should 'end banking'
[Daily Mail, where America gets its news] - Saule Omarova is a Cornell Law School professor who graduated from college in Moscow, where she attended on a scholarship named after Vladimir Lenin
- She wrote a paper advocating for the Federal Reserve to take over Americans' personal banking in order to have more policy clout against big banks
- The agency she would oversee is tasked with regulating the country's banks
- Republicans and bank lobbyists already oppose her nomination to lead OCC
- A regulatory body Omarova proposed is included in a House bill introduced by progressive Rep. Maxine Waters aimed at expanding affordable housing
- She previously worked in the White House within George W. Bush's Treasury
- Admires the Soviet Union's economy because there was 'no gender pay gap' and says hedge funds are an 'a**hole industry'
Dunno which is worse. The Moscow State University pedigree, or the law degree.
Posted by: Skidmark 2021-10-01 |