January 28, 2022

Biden’s radical banking nominee goes down

President Joe Biden’s nominee for the office of the Comptroller of the Currency, Saule Omarova, withdrew her nomination on Tuesday after opposition from lawmakers in both parties.

The Cornell law professor faced concerns from Republicans and Democrats over her radical financial views and Communist past.

“Saule Omarova is an unqualified Marxist who wants energy companies to ‘starve,'” Arkansas Republican Sen. Tom Cotton tweeted.

“Her defeat is a loss for Joe Biden but a win for the American people,” he added.

Utah Republican Sen. Mike Lee added, “Saule Omarova was a radical nominee who should have never been selected.”

The battle over Omarova is over, but it is unclear who Biden will recommend next to lead the nation’s banks.

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