Joe Biden’s nominee for Currency has withdrawn from consideration. Her views were so far outside the mainstream, she couldn’t even get all of the Democrat senators to support her nomination.
At one point, she said she wanted the Fed to oversee all American bank accounts. She also talked about bankrupting energy companies in the name of fighting climate change.
This woman did not belong anywhere near the levers of power in Washington.
Biden bank cop nominee withdraws after pushback from moderate Dems
President Joe Biden’s choice for a key role policing the nation’s banks withdrew her nomination Tuesday after facing pushback from several moderate Democrats, a rare defeat for the president on one of his personnel choices.
Saule Omarova’s nomination as comptroller of the currency also met with fierce resistance from Republicans and business groups over her advocacy for a dominant role for government in finance, views that didn’t sit well with some Democrats either.
Her confirmation process became increasingly unpleasant, with some GOP lawmakers suggesting that the Soviet-born academic had communist sympathies, an allegation she has vigorously denied.
“I have accepted Saule Omarova’s request to withdraw her name from nomination for the Office of the Comptroller of the Currency,” Biden said in a statement. “I nominated Saule because of her deep expertise in financial regulation and her long-standing, respected career in the private sector, the public sector, and as a leading academic in the field.”
Biden insists she was subjected to personal attacks.
Biden: "Saule would have brought invaluable insight and perspective to our important work on behalf of the American people. But unfortunately, from the very beginning of her nomination, Saule was subjected to inappropriate personal attacks that were far beyond the pale." pic.twitter.com/cDUwvY8k5B
— Jennifer Epstein (@jeneps) December 7, 2021
She was completely wrong for this job.
So the American people managed to beat off the nomination of one hard-core Marxist…congrats to all…only 500 more to go!
— Yossarian: FJB! (@OzarkFool) December 7, 2021
It’s a disgrace that she was even nominated.
— DC (@donna_appraise) December 7, 2021
Her withdrawal is a win for America.