Biden Nominee Saule Omarova Worries Bitcoin Might Undermine National Security

Biden Nominee Saule Omarova Worries Bitcoin Might Undermine National Security


Saule Omarova, President Joe Biden’s Comptroller of the Currency nominee, claimed Thursday bitcoin and digital currencies might undermine national security.

Sen. Cynthia Lummis (R-WY), a pro-cryptocurrency lawmaker, asked Omarova during her Senate Banking Committee nomination hearing if she believed if bitcoin and other digital currencies undermined national security.

Omarova said she worries that digital currencies undermine public policies, including national security.

Lummis asked Omarova, “Do you think that bitcoin undermines national security?”

Trending: Looney Bette Midler Wants Trump Arrested for ‘Trying to Kill’ Biden

Sen. Jack Reed (D-RI) speaks during Dr. Saule Omarova’s nomination hearing to be the Comptroller of the Currency with the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill on November 18, 2021 in Washington, DC. (Anna Moneymaker/Getty Images)

Omarova said, “I would worry if all of our financial transactions

Continue reading

You Might Like

 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend