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Home Front: Politix
Biden's nominee for Comptroller of the Currency thinks the Fed should 'end banking'
2021-10-01
[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.
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Posted by:Skidmark

#3  Snuff'er.
Posted by: Skidmark   2021-10-01 22:08  

#2  A Commie Comptroller of the Currency is Biden's way of "building back better"
Posted by: Bubba Lover of the Faeries8843   2021-10-01 20:27  

#1  not just a law professor but tenured and in an endowed chair

thinks the Soviet Union was a model for women's equality

thinks capital should be allocated by committees of academics rather than by the market
Posted by: Lord Garth   2021-10-01 00:22  

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