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Key Democrat Senators Against Biden’s Treasury Nominee

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OPINION: This article may contain commentary which reflects the author's opinion.


Key Democrat senators are prepared to stage a mutiny against President Joe Biden and stop one of his nominees from being confirmed.

The president’s pick to head the Office of the Comptroller of the Currency faces resistance from his own party, The Daily Caller reported.

Democratic Sens. Jon Tester of Montana, Mark Warner of Virginia, Kyrsten Sinema of Arizona, Jon Hickenlooper of Colorado and Mark Kelly of Arizona told the White House they would not support Saule Omarova’s nomination to head the Office of the Comptroller of the Currency, according to Axios.

Without the support of all 50 Senate Democrats, it would be almost impossible for Omarova to be confirmed. The White House said Wednesday it would continue to support the nominee amid growing concerns from key Senate Democrats saying the criticism resembles that of the McCarthy era.

“The White House continues to strongly support her historic nomination,” an official in the White House said to Axios.

“Saule Omarova is eminently qualified for this position,” the official said. “She has been treated unfairly since her nomination with unacceptable red-baiting from Republicans like it’s the McCarthy era.”

The pick was born in the Societ Union and attended Moscow State University. As a senior, she penned a thesis named “Karl Marx’s Economic Analysis and the Theory of Revolution in the Capital.”

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She said that the financial services industry was a “quintessential asshole industry” and has said that wants to “end banking as we know it” by having private bank accounts administered by the Federal Reserve.

During her hearing on November 19 Republicans hammered her.

“You have the right to believe every one of these things. You do. This is America. But I don’t mean any disrespect. I don’t know whether to call you professor or comrade,” Louisiana Sen. John Kennedy said.

“Senator, I am not a communist, I do not subscribe to that ideology, I could not choose where I was born, I do not remember joining any Facebook group that subscribes to that ideology, I would never knowingly join any such group,” she said in response to the senator.

But she faced criticism from many other Republicans.

“There’s a lot that’s extraordinary and radical here—but maybe the heart of it is that Ms. Omarova doesn’t just want tightened regulation of banks. What she wants to, and I quote—this is her words—‘effectively end banking as we know it.’ Those are words she wrote just last year,” Sen. Pat Toomey said in a speech.

And even more on Twitter.

“Saule Omarova is a Marxist who robbed a T.J. Maxx. She has no management experience and is unfit to be the Comptroller of the Currency. President Biden should immediately withdraw her nomination,” Sen. Tom Cotton said.

“Saule Omarova rejects Marxism charges, saying she can’t help where she was born. But it was AFTER she came to U.S. that she: *Robbed T.J. Maxx *Joined Marxist Facebook group *Called for energy firms to starve *Called to end banking as we know it She made these choices,” he said.

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“Saule Omarova stole $214 (~$400 adjusted for inflation) from T.J. Maxx in 1995. She’s woefully unqualified to supervise the banking system,” he said.

“Saule Omarova wants to END private banking, bankrupt oil & gas companies and won’t let the Senate read her thesis on Karl Marx’s economic policies. The fact that Biden would even CONSIDER this woman to oversee our banking system is complete insanity,” Lauren Boebert said.

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But there was one Democrat who did defend her.

“Professor Saule Omarova is one of the most qualified nominees we’ve EVER had to be Comptroller of the Currency. Yet Senate Republicans have turned an accomplished woman into a Marxist boogeyman. This is what happens when Trumpism meets McCarthyism,” Democrat Sen. Sherrod Brown said.

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