Biden nominee Saule Omarova calls financial services ‘quintessential a****** industry’


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President Joe Biden’s nominee for Comptroller of the Currency in the Department of Treasury once used a strong epithet to refer to those in the financial services industry, raising questions about her objectivity if confirmed to the post.

“The financial services industry, in my view, and I don’t think I’m alone here, is the quintessential a****** industry,” Cornell University law professor Saule Omarova can be seen saying in a video circulating on social media. 

President Biden listens during the Major Economies Forum on Energy and Climate, in the South Court Auditorium on the White House campus, Friday, Sept. 17, 2021, in Washington. (AP Photo/Evan Vucci)
(AP Photo/Evan Vucci)

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“Federal regulators must be fair and impartial, but Joe Biden’s bank regulator, Saule Omarova, has called the financial services industry, the ‘quintessential a****** industry,’” the American Accountability Foundation posted on Twitter. “How could anyone expect to be treated fairly by her office?”

Omarova’s comment is the latest controversial move from the Biden nominee, who has already received opposition from at least one Democratic senator in the heavily divided Senate.

BIDEN COMPTROLLER PICK SAULE OMAROVA REFUSES TO TURN OVER MOSCOW STATE UNIVERSITY THESIS ON MARXISM

Sen. Jon Tester, a member of the Banking Committee that will vet the nominee, has already said that he has “concerns” about Omarova, who has received strong pushback for her position that the Federal Reserve should provide bank accounts for Americans instead of private institutions, which she says will “end banking as we know it.”

Additionally, Omarova has drawn scrutiny over her past comments and studies, as she refuses to turn over her thesis on Marxism while a student at Moscow State University. 

Omarova was born in the Soviet Union in what is now the nation of Kazakhstan and graduated from Moscow…

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Source : foxnews


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