Joe Biden’s far left Currency nominee apparently doesn’t have enough votes from Democrats in the Senate to get confirmed.
She would need every single one since no Republicans are going to vote to confirm her.
This is excellent news. This woman has some far out views.
Scoop: Centrist Dems sink Biden’s nominee for top bank regulator
Five Democratic senators have told the White House they won’t support Saule Omarova to head the Office of the Comptroller of the Currency, effectively killing her nomination for the powerful bank-regulator position.
Why it matters: The defiant opposition from a broad coalition of senators reflects the real policy concerns they had with Omarova, a Cornell University law professor who’s attracted controversy for her academic writings about hemming in big banks.
– Their opposition also hints at a willingness of some Democratic senators to buck the White House on an important nomination, even if it hands Republicans a political — and symbolic — victory.
– Republicans have attacked the Kazakh-born scholar in remarkably personal terms, and turned her nomination into a proxy battle over how banks should be regulated.
Driving the news: In phone call on Wednesday, Sens. Jon Tester (D-Mont.) Mark Warner (D-Va.) and Kyrsten Sinema (D-Ariz.), all members of the Senate Banking Committee, told Sen. Sherrod Brown (D-Ohio) — the panel’s chairman — of their opposition.
– They’re joined in opposing her by Sens. John Hickenlooper (D-Colo.) and Mark Kelly (D-Ariz.).
This woman should never have been nominated in the first place.
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 (@laurenboebert) November 18, 2021
America won in this case.