Saule Omarova, the committed anti-capitalist and former “Lenin”-award-winning academic who has written about ending banking “as we know it” , has withdrawn her nomination to be President Biden’s comptroller of the currency after several influential Senate Democrats joined Republicans in opposing her nomination. That Omarova was ever selected by President Biden and his administration shows just how much influence progressives have on his agenda. Just last year, Omarova authored a paper proposing a new banking system where private banks were abandoned in favor of Americans transacting directly with the Fed using a digital dollar . Just the idea of […]
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