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Biden’s banking watchdog pick Saule Omarova must turn over her thesis on Karl Marx SOURCE — FOX BUSINESS Senator Pat Toomey wants to read Cornell University professor Saula Omarova’s thesis on Karl Marx, since Omarova became President Biden’s pick to lead the office of Comptroller of the Currency. But the document has been scrubbed from her resume. Now, after weeks after Omarova was first nominated to the post, Toomey, R-Pa., is again asking for the thesis written during her time at Moscow State University in the 1980s. Toomey, the ranking member on the Senate Banking Committee, sent a letter to...

Saule Omarova attended Moscow State University on a Lenin scholarship President Joe Biden’s pick for the nation’s top banking regulator, who received a scholarship named for Vladimir Lenin, scrubbed her résumé of a reference to a thesis she wrote on Karl Marx while a student at Moscow State University. Saule Omarova, who Biden tapped to head the Office of the Comptroller of the Currency, listed a paper titled "Karl Marx’s Economic Analysis and the Theory of Revolution in The Capital" on her résumé as recently as 2017. But the paper was not disclosed on the version of the résumé reported...

Washington, D.C. – U.S. Senate Banking Committee Ranking Member Pat Toomey (R-Pa.) is asking Ms. Saule Omarova, President Biden’s nominee to head the Office of the Comptroller of the Currency (OCC), to turn over a copy of her thesis, “Karl Marx’s Economic Analysis and the Theory of Revolution in The Capital,” to allow the Committee to fully assess her nomination. Ms. Omarova’s thesis, which she authored while studying at Moscow State University on the V.I. Lenin Personal Academic Scholarship, recently disappeared from her resume. “While it appears that you have deleted any reference to your thesis in the version of...

Treasury Secretary Janet Yellen defended on Tuesday the new requirement that all purchases above $600 be reported to the IRS Said it will help fill the $7 trillion tax gap 'from places where the information on income is opaque and can be hidden' Also said Biden's controversial pick to lead the agency responsible for regulating America's banks deserves a 'fair hearing' 'Professor [Saule] Omarova is the President's nominee... And I think she deserves a fair hearing by the Senate. I hope she will get that' Omarova is a Cornell Law School professor who graduated from college in Moscow, where she...

Presidentish Joe Biden wants to put an actual Communist — self-proclaimed “radical” Cornell University law school professor Saule Omarova — in charge of the nation’s banking system. Omarova graduated from the Soviet Union’s Moscow State University in 1989 on the Lenin Personal Academic Scholarship, according to the Wall Street Journal. As recently as 2019, she was still praising the USSR’s economic system as in some ways superior to our own. “Say what you will about old USSR, there was no gender pay gap there. Market doesn’t always ‘know best.'” As a matter of fact, I will say what I will...

A Cornell University law professor who advocated ending banking 'as we know it' and praised the Soviet Union's financial system over its lack of a gender pay gap has been tapped by the White House to lead the Office of the Comptroller of the Currency (OCC). Saule Omarova's nomination to head the regulatory agency overseeing the country's largest banks is a controversial choice that's alarmed banking groups. She's advocated for moving Americans' financial accounts from private banks to the Federal Reserve and for forcing banks to lose leverage on federal subsidies by becoming 'non-depository lenders.' It would diminish the stature...

resident Biden’s pick to lead a powerful bank regulator is certain to spark a partisan battle in the Senate. Biden announced Thursday he will nominate Cornell University law professor Saule Omarova to lead the Office of the Comptroller of the Currency (OCC), tapping a fierce critic of big banks for a post with broad power over the industry. Omarova has argued that major banks have failed to serve broader public needs and that the Federal Reserve should replace private firms in consumer banking. In a paper published last year, she proposed “a series of structural reforms that would radically redefine...