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Saule Omarova, President Joe Biden’s pick for comptroller of the currency, has withdrawn herself from consideration.
Omarova faced broad opposition from the banking industry and Republicans, as well as skepticism from centrist Democrats, because of her controversial academic writings and proposals, including her advocacy for the end of banking “as we know it.”
The article goes on to state the following:
The Cornell Law professor told Biden in a Tuesday letter that her nomination was “no longer tenable.” Omarova’s allies on Capitol Hill had accused her opponents of redbaiting, as she was born in the Soviet Union and attended Moscow State University.
Omarova’s letter to the White House withdrawing her nomination reads, “It was a great honor and a true privilege to be nominated by President Biden to lead the Office of the Comptroller of the Currency overseeing the U.S. national banking system.”
BREAKING: Saule Omarova has withdrawn for consideration to be the next comptroller of the currency. @POTUS has accepted. Some Republicans suggested Ms. Omarova was a communist. Banks fiercely opposed her, w/some lobbyists echoing qs on her “Soviet” origins https://t.co/qLxQGdKKox
— Emily Flitter (@FlitterOnFraud) December 7, 2021
Omarova faced tough scrutiny during her confirmation hearings as lawmakers grilled her for once claiming that “we want” oil and gas companies to go bankrupt in order to fight climate change.
Republicans strongly criticized her policy positions, academic writings and questioned her thesis from college.
“I don’t mean any disrespect, I don’t know whether to call you professor or comrade,” said GOP Sen. John Kennedy told Omarova during a brutal round of questioning.
.@SenJohnKennedy: “I don’t know whether to call you professor or comrade.”
Comptroller of Currency nominee Saule Omarova: “Senator, I’m not a communist. I do not subscribe to that ideology. I could not choose where I was born.”
— CSPAN (@cspan) November 18, 2021
Sen. Kennedy commented on Omarova’s withdrawal on Twitter and wrote, “Saule Omarova is a radical who shares her Marxist views freely and in writing. She wants big-government bureaucrats to dictate the terms of America’s economy.”
“Putting her in charge of America’s banks would have been disastrous for American workers and families,” Kennedy added.
Saule Omarova is a radical who shares her Marxist views freely and in writing. She wants big-government bureaucrats to dictate the terms of America’s economy.
Putting her in charge of America’s banks would have been disastrous for American workers and families.
— John Kennedy (@SenJohnKennedy) December 7, 2021
Sen. Mike Lee also celebrated the withdrawal, tweeting, “Saule Omarova was a radical nominee who should have never been selected.”
“Her desire to ‘end banking as we know it’ would have been disastrous for Utah and the nation,” Lee continued. “The American people can rest easier knowing she will never impose her dangerous agenda on our economy.”
Saule Omarova was a radical nominee who should have never been selected.
Her desire to ‘end banking as we know it’ would have been disastrous for Utah and the nation. The American people can rest easier knowing she will never impose her dangerous agenda on our economy.
— Mike Lee (@SenMikeLee) December 7, 2021
Toomey Statement on Top Banking Regulator Nominee Saule Omarova-> pic.twitter.com/c8Ku0E53AE
— Mike Emanuel 🇺🇸 (@MikeEmanuelFox) December 7, 2021
WATCH more intense clips from Omarova’s confirmation hearing:
WATCH: AAF’s research on Saule Omarova was featured by several Senators in today’s Banking Committee hearing.@SenToomey highlighted our findings of Omarova’s remarks that we should “bankrupt” the fossil fuel industry. pic.twitter.com/OeMeOEBIcI
— BidenNoms, A Project of AAF (@bidennoms) November 18, 2021
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To get more information about this article, please visit WashingtonExaminer.