Republicans to Reveal Biden Banking Nominee's Radical Vision to Close Americans' Bank Accounts

Republicans to Reveal Biden Banking Nominee's Radical Vision to Close Americans' Bank Accounts


Senate Banking Committee Republicans plan to highlight how Saule Omarova, President Joe Biden’s Comptroller nominee, has written academic papers calling for the government to abolish private sector banking and put all bank accounts into the Federal Reserve.

The Senate Banking Committee will hold a hearing Thursday at 9:30 a.m. Eastern to consider the qualifications for Omarova, a Cornell law professor, to become the Comptroller of the Office of the Currency (OCC).

Senate Banking Republicans said they plan to highlight just how radical Omarova would be as the Comptroller.

“We have never in my lifetime, and I think the lifetime of many members of this committee, which runs up to 35 years, seen a nominee just for a regulatory spot who was so openly

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