IWF: Saule Omarova’s Collectivist Views Don’t Belong At OCC

Saule Omarova, a Kazakh-born Cornell University professor and President Joe Biden’s nominee for Office of the Comptroller of the Currency (OCC), supports radical central planning views opposed by the majority of Americans. 

The OCC is tasked with regulating national banks and federal savings associations. If Ms. Omarova is confirmed to this post, she will undoubtedly pursue collectivist policies that undermine our financial institutions. 

Omarova is an Avowed Anti-Capitalist 

“Build Back Better” will morph into “Build Back Bankrupt” if Omarova is to oversee the OCC, given her anti-capitalist Marxist views. 

As a student at Moscow State University, she wrote a thesis entitled “Karl Marx’s Economic Analysis and the Theory of Revolution in The Capital.

The university claims the sole copy of her dissertation was deleted from its archives. This leaves us without any clues into the views that could have shaped her thinking.  

Omarova’s grad school writings aren’t the only concerning things she’s said or written on the banking system. She also believes the Federal Reserve should “effectively end[ing] banking as we know it” by replacing all private bank deposits with central bank accounts.

Continue reading at IWF.org