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Centrist Dems sink Biden’s nominee for top bank regulator
Axios ^ | 24 Nov 2021 | Hans Nichols

Posted on 11/24/2021 4:07:29 PM PST by Rummyfan

Five Democratic senators have told the White House they won't support Saule Omarova to head the Office of the Comptroller of the Currency, effectively killing her nomination for the powerful bank-regulator position.

Why it matters: The defiant opposition from a broad coalition of senators reflects the real policy concerns they had with Omarova, a Cornell University law professor who's attracted controversy for her academic writings about hemming in big banks.

Their opposition also hints at a willingness of some Democratic senators to buck the White House on an important nomination, even if it hands Republicans a political — and symbolic — victory.

Republicans have attacked the Kazakh-born scholar in remarkably personal terms, and turned her nomination into a proxy battle over how banks should be regulated.

(Excerpt) Read more at axios.com ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events; Politics/Elections; US: Arizona; US: Colorado; US: Massachusetts; US: Montana; US: New York; US: Ohio; US: Virginia
KEYWORDS: arizona; axios; ccp; china; colorado; cornell; demagogicparty; dictatorship; elizabethwarren; federalreserve; gangwar; hansnichols; hickenlooper; jeromepowell; johnhickenlooper; jontester; kazakhstan; kelly; kyrstensinema; laelbrainard; markkelly; markwarner; massachusetts; montana; newyork; ohio; omarova; putinsbuttboys; russia; sauleomarova; sherrodbrown; sinema; tester; virginia; warner
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To: Rummyfan

I’d bet a million bucks that Obama is very pissed at this news.


21 posted on 11/24/2021 4:29:56 PM PST by laplata
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To: Rummyfan

So I guess I can put my money back in the bank?


22 posted on 11/24/2021 4:31:53 PM PST by SkyDancer (Let's Go Brandon!)
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To: Rummyfan

Have the assistant Democrats spoke yet?


23 posted on 11/24/2021 4:34:28 PM PST by Pilgrim's Progress (http://www.baptistbiblebelievers.com/BYTOPICS/tabid/335/Default.aspx D)
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To: Rummyfan

24 posted on 11/24/2021 4:41:08 PM PST by Enterprise
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To: Rummyfan

A Commie in charge of the banking system?

WCPGW?


25 posted on 11/24/2021 4:46:43 PM PST by E. Pluribus Unum ("Communism is not love. Communism is a hammer which we use to crush the enemy." ― Mao Zedong)
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To: Rummyfan

What, the Centrist (weak-kneed jerks) didn’t help Biden this time? I am truly shocked.


26 posted on 11/24/2021 4:48:55 PM PST by Robert DeLong
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To: Rummyfan

“Republicans have attacked the Kazakh-born scholar in remarkably personal terms, and turned her nomination into a proxy battle over how banks should be regulated”

Translation: Axios is very saddened to report this Commie’s nomination is probably dead.

My translation FOAD Axios / Hans Nichols


27 posted on 11/24/2021 4:49:26 PM PST by DAC21
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To: Rummyfan
Republicans have attacked the Kazakh-born scholar in remarkably personal terms,

I wouldn't call a question like "Are you a lifelong communist who believes in expropriation of private business and violent destruction of capitalism?" to be overly personal. About the tattoos of Lenin and Marx on her butt cheeks, OK, that's a little personal.

28 posted on 11/24/2021 4:51:03 PM PST by Billthedrill
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To: Rummyfan

Good news but not great news. This may well have been a sacrifice so that the next leftist nominee doesn’t look so radical by comparison.


29 posted on 11/24/2021 4:52:29 PM PST by RKBA Democrat (Culture, culture, culture. Not partisan politics. )
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To: monkeyshine
Here's why it matters:

"Omarova, a professor at the Cornell Law School, has said she wants to "end banking as we know it" by requiring bank deposits to be held with the Federal Reserve, rather than private banks. Omarova has also proposed the creation of a federal agency, the National Investment Authority, that would fulfill the goals of the Green New Deal by investing in infrastructure projects. Omarova said one goal of the National Investment Authority would be for oil and gas companies to go "bankrupt" in order to fight climate change."

All your bank accounts at The Fed? Push a button and your money disappears or taken as they choose for social media infractions?

No thanks.

Source: https://freebeacon.com/biden-administration/saule-omarova-stole-hundreds-of-dollars-of-merchandise-from-a-t-j-maxx/

30 posted on 11/24/2021 4:52:49 PM PST by Tunehead54 (Nothing funny here ; - )
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To: Rummyfan

Oh good. 45 Dems support the Marxist and Fed control only retirement accounts.


31 posted on 11/24/2021 4:53:44 PM PST by Swanks
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To: DAC21
Here is Poindexter from Axios


32 posted on 11/24/2021 4:53:53 PM PST by DAC21
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To: Rummyfan
and turned her nomination into a proxy battle over how banks should be regulated

Excuse me, but a battle over the nominee is a battle over how banks should be regulated, not a proxy battle. Idiots keep forgetting what leftists know to well, "people is policy." What do you think Soros has been doing with local DAs and so on. Next you are going to find you are in jail for animal abuse because the local dog catcher is a Soros goon.

33 posted on 11/24/2021 4:54:44 PM PST by AndyJackson
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To: Rummyfan

That’s ok. It ain’t over yet. I’m sure that Biden can get 5 republicans to change their vote from nay to yay. That is what will happen


34 posted on 11/24/2021 4:56:18 PM PST by atc23 (The Matriarchal Society we embrace has led to masks and mandates and the cult of "safety")
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To: Rummyfan

Biden or more likely his HANDLERS will appoint her to some position buried in the CORRUPT GOVERNMENT where she can NEVER be FIRED! mark my words, you haven’t heard the last of this MARXIST!


35 posted on 11/24/2021 4:59:26 PM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: katykelly
I thought the rhinos would support the communist .

They’ll come around when they get the word that five democrats have defected

36 posted on 11/24/2021 5:00:23 PM PST by atc23 (The Matriarchal Society we embrace has led to masks and mandates and the cult of "safety")
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To: DAC21

WTF is THAT???


37 posted on 11/24/2021 5:01:18 PM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: Rummyfan

FIVE DEMOCRATS!!! FIVE!!! OUT of 50!! 10% of DEMOCRAT SENATORS didn’t want her....BUT 90% OF DEMOCRAT SENATORS DID WANT THE COMMIE CONTROLLING OUR BANKING! GEESH!! GOOD GOD!


38 posted on 11/24/2021 5:02:53 PM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: Gahanna Bob
Wow! I thought sure the Dems would support the communist.

45 out of 50 do, plus the tiebreaker, 46.
39 posted on 11/24/2021 5:05:31 PM PST by af_vet_1981 (The bus came by and I got on, That's when it all began)
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To: Rummyfan

… a Cornell University law professor who’s attracted controversy for her academic writings about hemming in big banks.

A lie, but what does one expect from the MSM. It’s that she’s a lunatic communist who wants to nationalize all bank accounts at the Fed.


40 posted on 11/24/2021 5:27:32 PM PST by Flick Lives (The future is a quiet world)
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