Senator John Kennedy paid tribute, enthusiastically, to Biden’s Banking Regulatory Authority nominee, Soviet-born Saule Omarova: ‘I don’t know whether to call you professor or co. solstice’

Louisiana Republican Senator John Kennedy criticized Presidential nominee Joe Biden to lead the Office of the Comptroller of the Currency, Saule Omarova, during a Senate Banking hearing on Wednesday.

Kennedy request Omarova about allegations about her membership in communist groups in the past.

Omarova, who grew up in the Soviet Union, said that growing up, everyone was a member of communist organizations because it was part of the school curriculum.

When asked if she would resign from communist organizations, Omarova responded by saying “you grow with age.” Kennedy continued to press, demanding records of her resignation, prompting Senate Banking Committee Chairman Sherrod Brown to dissuade Kennedy.

Kennedy then questioned her academic and professional history, which included a thesis she wrote at Moscow State University, titled “Karl Marx’s Economic Analysis and Theory of Life” revolution in the capital,” and comment In 2019, she called the financial sector “a quintessential loss-making industry.”

“In 2020, you wrote an article called ‘People’s Ledger,’ where you said we needed to get rid of the bank accounts and asked people to set up an account with the Fed,” he said. , where the federal government will have access to your data.”

Continuing, he said, “you wrote another paper called ‘The Climate Case for the National Investment Agency’ in which you said what we need to do for the oil and gas industry is the key requirement. The federal government busts it so we can tackle climate change. ”

“In 2019, you joined… a Marxist Facebook group to discuss socialist and anti-capitalist views,” he added.

“Now that’s what I see from your profile. And you have a right to believe all of this,” Kennedy continued bluntly to Omarova. “You do. This is America. But, I don’t mean to be disrespectful, but I don’t know whether to call you ‘professor’ or ‘comrade.’

“Senator, I’m not a communist, I don’t belong to that ideology, I can’t choose where I was born, I don’t remember which Facebook group I’ve joined that subscribe to that ideology, I won’t never knowingly join any such group.” Omarova replied.

Brown then lashed out at Kennedy’s remarks.

“Calling a nominated comrade – as if we don’t know what that means – is another matter. It is below the dignity of this institution,” he said.

Kennedy isn’t the only Republican to question the nominee’s political ideology.

“GS. Omarova pushed for a radical – radical as she describes it – to nationalize the banking system, impose government price controls, espousing the idea that money is public, not private. , which limits economic innovation, dramatically limits economic freedom and choice, causing the government to hold seats on corporate boards,” said Senator Pat Toomey of Pennsylvania at the conclusion. hearing.

“These are ideas consistent with the socialist view of a command and control economy,” he said.

“The idea that we would put someone with this view on as the chief executive officer of America’s national banks is deeply unsettling and chilling.”



https://smartzune.com/sen-john-kennedy-draws-praise-heat-over-remark-to-bidens-banking-regulator-nominee-ussr-born-saule-omarova-i-dont-know-whether-to-call-you-professor-or-comrade/ Senator John Kennedy paid tribute, enthusiastically, to Biden’s Banking Regulatory Authority nominee, Soviet-born Saule Omarova: ‘I don’t know whether to call you professor or co. solstice’

Huynh Nguyen

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