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White House Redoubles Support for Marxist Omarova as Comptroller of the Currency

'President Biden's choice for banking regulator is a Marxist academic who wants to destroy the American banking and energy sectors and implement socialism in the United States...'

The White House has issued a statement of support for President Biden’s embattled nominee for the Office of the Comptroller of the Currency, Marxist academic Saule Omarova, according to FOX Business.

Omarova attended the Moscow State University on the V.I. Lenin Personal Academic Scholarship, and wrote her thesis on “Karl Marx’s Economic Analysis and the Theory of Revolution in The Capital.”

She is on video expressing the hope that “coal industry and oil and gas industry . . . go bankrupt in short order, at least we want them to go bankrupt if we want to tackle climate change.”

At the time of her nomination, a Wall Street Journal editorial called Omarova “the wrong nominee for the wrong industry in the wrong country in the wrong century,” while drawing attention to a 2019 tweet, in which she praised the Soviet Union for its gender equality: “Until I came to the US, I couldn’t imagine that things like gender pay gap still existed in today’s world. Say what you will about old USSR, there was no gender pay gap there. Market doesn’t always ‘know best.'”

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In the statement, however, the White House claimed that Omarova “is eminently qualified and was nominated for this role because of her lifetime of work on financial regulation, including in the private sector, in government and as a leading academic in the field. The White House continues to strongly support her historic nomination.”

According to Fox, “the biggest threat to Omarova’s nomination is Sen. Jon Tester, D-Mont., who told FOX Business he’s not sure Omarova is the right person for the job.”

But her nomination is also being “vigorously” opposed by Senate Banking Committee Republicans, who argue that “President Biden’s choice for banking regulator is a Marxist academic who wants to destroy the American banking and energy sectors and implement socialism in the United States, proving once again that this White House is beholden to the radical left elements of the Democrat party.”

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