John Hickenlooper also announced that he opposes Saule Omarova’s nomination. In his opening remarks, committee ranking member Pat Toomey (R-Pa.) accused Omarova of a “long history of promoting ideas that she herself describes as ‘radical.’ I agree that they’re radical and they can fairly be described also as socialist. Tim Scott (R-SC) saying he could not “think of a nominee more poorly suited to be the comptroller of the currency based solely on public positions, statements and the weight of writings than ” Other members of the committee gave extreme critiques of Omarova, with Sen. The professor denounced the communist regime of the USSR in the hearing, saying, “We can never have a repetition of that communist system anywhere in the world.” Jon Tester said he has “significant concerns” about Saule Omarova’s policies Anna Moneymaker/Getty Images John Kennedy (R-La.) snarked at one point during the hearing. “I don’t know whether to call you professor or comrade,” Sen. In a Senate confirmation hearing held last week before the Senate Banking committee, Republicans grilled Omarova and painted her as a radical socialist. at the University of Wisconsin, has also slammed the culture on Wall Street as a “quintessential a–hole industry” and praised the former Soviet Union’s lack of a gender pay gap. Omarova, who was born in Kazakhstan in the former Soviet Union and moved to the US in 1991 to pursue her Ph.D. Sherrod Brown that she opposes Saule Omarova’s nomination. Kyrsten Sinema told Senate Banking Committee chair Sen. Omarova, a Cornell University law professor has courted controversy with eyebrow-raising academic writings on regulation, which include recently advocating for the end of banking “as we know it” by moving Americans’ finances from private banks to the Federal Reserve. Biden’s Treasury secretary Janet Yellen has also objected to the pick, the Wall Street Journal previously reported. John Hickenlooper (D-Colo.) and Mark Kelly (D-Ariz.) also oppose her nomination, according to Axios. Sherrod Brown (D-Ohio), the panel’s chairman, that they oppose Omarova’s nomination to the post, according to Axios. Jon Tester (D-Mont.), Mark Warner (D-Va.) and Kyrsten Sinema (D-Ariz.), all members of the Senate Banking Committee, told Sen. The opposition from both Republicans and, now, some of Biden’s own party could kill the nomination of the Soviet-born academic to the critically important post, Axios reported. 15, Janet Yellen warnsīiden’s pick for Treasury post wants coal, oil and gas industries ‘to go bankrupt’įive centrist Democratic senators have reportedly told the White House that they’ll oppose the nomination of Saule Omarova, President Joe Biden’s controversial lefty pick for head of the Treasury Department’s Office of the Comptroller of the Currency. ‘Professor or comrade?’ GOP senators slam Biden pick for top Treasury post IRS could collect pot firm tax if they used big banks: Janet Yellen